Viet A Commercial Joint Stock Bank (Viet A Bank) has just reduced interest rates after the Lunar New Year holiday. Terms from 1-36 months have all decreased by 0.1 percentage points, starting today.

Specifically, the online mobilization interest rate for 1-month term is 3.1%/year, 2-month term is 3.2%/year and 3-5-month term is 3.4%/year.

Interest rates for 6-11 month terms are 4.5%/year, 12-13 month terms are 5%/year. 15 and 18 month terms are currently 5.1%/year and 5.3%/year respectively.

The highest interest rate at Viet A Bank is 5.4%/year, applied to 24-36 month term deposits.

Having just increased deposit interest rates after the Lunar New Year holiday, Techcombank has reduced long-term deposits. This bank reduced interest rates by 0.2 percentage points for deposits with terms from 12-36 months to 4.55%/year.

Interest rates for the remaining terms remain the same, 6-8 months is 3.75%/year, 9-11 months is 3.8%/year.

Previously, on February 16, Techcombank unexpectedly increased 0.4 percentage points for 1-2 month term to 2.75%/year and increased 0.5 percentage points for 3 month term to 3.15%/year.

Interest rates at other banks have not changed.

According to statistics, since the beginning of February 2024, up to 16 banks have reduced deposit interest rates including: LPBank, Sacombank, NCB, Viet A Bank, SeABank, Techcombank, ACB, VIB, Eximbank, BVBank, KienLong Bank, ABBank, Bac A Bank, PGBank, Sacombank, Dong A Bank.

Of which, VIB, Sacombank, NCB, Viet A Bank, Techcombank have reduced interest rates for the second time since the beginning of the month.

Of which, the highest 6-month term deposit interest rate currently belongs to Construction Bank (CBBank), listed at 5.1%/year.

Notably, CBBank is the only bank listing a 6-month term interest rate above 5%/year. Meanwhile, all other banks list interest rates for this term below 5%/year.

After CBBank, the highest 6-month deposit interest rates belong to the following banks: VietBank (4.9%/year); HDBank, PVCombank, Bao Viet Bank (4.8%/year); GPBank (4.75%/year); ABBank (4.7%/year); NCB and BVBank (4.65%/year).

There are even many banks that are listing 6-month term deposit interest rates below 4%/year, such as: Vietcombank (3%/year); SCB (3.05%/year); Agribank and VietinBank (3.2%/year); BIDV (3.3%/year); Techcombank (3.75%/year); ACB, MB, Saigonbank, Sacombank, MSB, SeABAnk (3.9%/year).

HIGHEST DEPOSITS INTEREST RATES ON FEBRUARY 19
BANK 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS 18 MONTHS
CBBANK 4.2 4.3 5.1 5.2 5.4 5.5
VIETBANK 3.5 3.7 4.9 5 5.3 5.8
HDBANK 3.15 3.15 4.8 4.6 5 5.9
PVCOMBANK 2.85 2.85 4.8 4.8 4.9 5.2
BAOVIETBANK 3.5 3.85 4.8 4.9 5.3 5.5
GPBANK 2.9 3.42 4.75 4.9 4.95 5.05
ABBANK 3 3.2 4.7 4.3 4.3 4.4
NCB 3.6 3.8 4.65 4.75 5.2 5.7
BVBANK 3.65 3.75 4.65 4.8 5.95 5.65
SHB 2.9 3.3 4.6 4.8 5 5.2
OCB 3 3.2 4.6 4.7 4.9 5.4
NAMA BANK 2.9 3.4 4.6 4.9 5.4 5.8
VIET A BANK 3.1 3.4 4.5 4.5 5 5.3
DONG A BANK 3.5 3.5 4.5 4.7 5 5.2
BAC A BANK 3 3.2 4.5 4.6 4.9 5.3
KIENLONGBANK 3.5 3.5 4.5 4.7 4.9 5.4
OCEANBANK 3.1 3.3 4.4 4.6 5.1 5.5
VPBANK 3.1 3.3 4.4 4.4 5 5
VIB 2.9 3.2 4.3 4.3 5.2
EXIMBANK 3.1 3.5 4.3 4.3 4.8 5
PGBANK 3.1 3.5 4.2 4.4 4.9 5.1
LPBANK 2.6 2.7 4 4.1 5 5.6
TPBANK 2.8 3 4 4.8 5
SACOMBANK 2.4 2.6 3.9 4.2 5 5.6
SEABANK 3.2 3.4 3.9 4.1 4.75 5
MSB 3.5 3.5 3.9 3.9 4.3 4.3
SAIGONBANK 2.5 2.7 3.9 4.1 5 5.4
ACB 2.9 3.2 3.9 4.2 4.8
MB 2.6 2.9 3.9 4.1 4.8 5.2
TECHCOMBANK 2.75 3.15 3.75 3.8 4.55 4.55
BIDV 2 2.3 3.3 3.3 4.8 4.8
AGRIBANK 1.7 2 3.2 3.2 4.8 4.8
VIETINBANK 1.9 2.2 3.2 3.2 4.8 4.8
SCB 1.75 2.05 3.05 3.05 4.75 4.75
VIETCOMBANK 1.7 2 3 3 4.7 4.7