Global Petroleum Commercial Joint Stock Bank ( GPBank ) has just announced a new deposit interest rate schedule, with a uniform increase of 0.2%/year in interest rates for all deposit terms.

According to the online deposit interest rate table that GPBank has just posted, the current 1-month deposit interest rate is 3.4%/year. However, there is a large gap between the 1-month deposit interest rate and the remaining terms.

Specifically, GPBank's 2-month term bank interest rate is listed at 3.9%/year. The 3-4-5 month term bank interest rates are listed at 3.92% - 3.94% - 3.95%/year, respectively.

Online deposit interest rates for 6-month terms were also increased to 5.25%/year, 7-month terms to 5.35%/year, 8-month terms to 5.5%/year, 9-month terms to 5.6%/year and 12-month terms to 5.95%/year.

Notably, online deposit interest rates for terms from 13-36 months at GPBank officially reached 6.05%/year, thereby bringing the bank into the group of banks with deposit interest rates from 6%/year or higher, including: OceanBank, BaoViet Bank, BVBank, HDBank, NCB, ABBank, Bac A Bank, IVB and Saigonbank.

Previously, in the most recent adjustment of deposit interest rates, GPBank increased interest rates by 0.2% for terms from 1-9 months.

Also this morning, Loc Phat Vietnam Commercial Joint Stock Bank ( LPBank ) adjusted to increase by 0.1%/year for deposit interest rates for terms from 12-60 months.

Accordingly, the online deposit interest rate for 12-16 month terms at LPBank is 5.6%/year, the bank interest rate for 18-60 month terms is 5.8%/year.

Interest rates for 1-5 month terms remain unchanged at 3.6-3.8%/year.

According to statistics, 11 banks have increased their deposit interest rates since the beginning of November, including: GPBank, LPBank, Nam A Bank, IVB, Viet A Bank, VIB, MB, Agribank, Techcombank, ABBank and VietBank. Of which, Agribank is the only bank that has increased interest rates twice since the beginning of the month.

INTEREST RATES FOR ONLINE DEPOSITS AT BANKS ON NOVEMBER 18, 2024 (%/YEAR)
BANK 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS 18 MONTHS
AGRIBANK 2.4 2.9 3.6 3.6 4.8 4.8
BIDV 2 2.3 3.3 3.3 4.7 4.7
VIETINBANK 2 2.3 3.3 3.3 4.7 4.7
VIETCOMBANK 1.6 1.9 2.9 2.9 4.6 4.6
ABBANK 3.2 3.9 5.5 5.6 5.9 6.2
ACB 3.1 3.5 4.2 4.3 4.9
BAC A BANK 3.95 4.25 5.4 5.5 5.8 6.15
BAOVIETBANK 3.3 4 5.2 5.4 5.8 6
BVBANK 3.8 4 5.2 5.5 5.8 6
CBBANK 3.8 4 5.5 5.45 5.65 5.8
DONG A BANK 3.9 4.1 5.55 5.7 5.8 6.1
EXIMBANK 3.9 4.3 5.2 4.5 5.2 5.8
GPBANK 3.4 3.92 5.25 5.6 5.95 6.05
HDBANK 3.85 3.95 5.1 4.7 5.5 6.1
IVB 3.8 4.1 5.1 5.1 5.8 6.1
KIENLONGBANK 3.7 3.7 5.2 5.3 5.6 5.7
LPBANK 3.6 3.8 5 5 5.5 5.8
MB 3.5 3.9 4.5 4.5 5.1 5.1
MSB 3.9 3.9 4.8 4.8 5.6 5.6
NAM A BANK 4.5 4.7 5 5.2 5.6 5.7
NCB 3.9 4.2 5.55 5.65 5.8 5.8
OCB 3.9 4.1 5.1 5.1 5.2 5.4
OCEANBANK 4.1 4.4 5.4 5.5 5.8 6.1
PGBANK 3.4 3.8 5 5 5.5 5.8
PVCOMBANK 3.3 3.6 4.5 4.7 5.1 5.8
SACOMBANK 3.3 3.6 4.9 4.9 5.4 5.6
SAIGONBANK 3.3 3.6 4.8 4.9 5.8 6
SEABANK 2.95 3.45 3.95 4.15 4.7 5.45
SHB 3.5 3.8 5 5.1 5.5 5.8
TECHCOMBANK 3.35 3.65 4.55 4.55 4.85 4.85
TPBANK 3.5 3.8 4.7 5.2 5.4
VIB 3.5 3.8 4.8 4.8 5.3
VIET A BANK 3.7 4 5.2 5.4 5.7 5.9
VIETBANK 3.9 4.1 5.2 5 5.6 5.9
VPBANK 3.6 3.8 4.8 4.8 5.3 5.3