The Vietnam Joint Stock Commercial Bank for Industry and Trade (BVBank) has just increased its deposit interest rates for terms of 1-6 months starting today. This is the first time in 2 months that BVBank has adjusted its deposit interest rates. Previously, on July 12, BVBank increased its deposit interest rates by 0.2-0.3% per year for terms of 1-24 months.

According to the online interest rate table, the 1-2 month term increased by 0.1%/year, listed at 3.8%/year and 3.85%/year respectively.

Savings interest rates for 3-5 month terms increased by 0.2%/year, 3-month term is 4%/year, 4-month term is 4.05%/year, 5-month term is up to 4.1%/year.

6-month bank interest rate increased by 0.1%/year, up to 5.2%/year.

Online savings interest rates for the remaining terms remain the same. The 7-month term is currently listed at 5.2%/year, the 8-month term is 5.3%/year, the 9-10-month term is 5.5%/year, the 11-month term is 5.6%/year, the 12-month term is 5.8%/year, and the 15-month term is 5.9%/year.

Notably, the bank interest rate for 24-36 month terms is still listed at the highest level of up to 6%/year. This is the interest rate among the leading groups in the market today.

In addition to BVBank, some banks are listing deposit interest rates from 6-6.15%/year.

The highest listed interest rate of banks is currently 6.15%/year, after NCB Bank raised interest rates from the beginning of September, applied to online deposits with terms from 18-36 months.

The interest rate of 6.1%/year is also considered rare today and is only listed by a few banks for long-term deposits. HDBank lists this interest rate for 18-month term. SHB and Saigonbank are also listing 6.1%/year for 36-month term, while OceanBank has long listed this interest rate for 18-36-month term deposits.

Meanwhile, the interest rate of 6%/year is being applied at banks such as Bao Viet (BaoViet Bank) for a term of 15-36 months; Dong A (Dong A Bank) for a term of 18-36 months; Saigon Bank for Industry and Trade (Saigonbank) for a term of 13-24 months and HCMC Development (HDBank) for a term of 15 months.

With BVBank's recent increase in deposit interest rates, since the beginning of September, 9 banks have increased deposit interest rates, including: Dong A Bank, OceanBank, VietBank, GPBank, Agribank, Bac A Bank, NCB, OCB, and BVBank.

On the contrary, ABBank is the first bank to reduce deposit interest rates by 0.1-0.4%/year for terms of 1-12 months.

HIGHEST DEPOSITS INTEREST RATES AT BANKS ON SEPTEMBER 17, 2024 (%/YEAR)
BANK 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS 18 MONTHS
AGRIBANK 2 2.5 3.3 3.3 4.7 4.7
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 3.7 5 5.2 5.6 5.7
ACB 3 3.4 4.15 4.2 4.8
BAC A BANK 3.65 3.95 5.15 5.25 5.7 5.85
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 5.55 5.5 5.7 5.85
DONG A BANK 3.8 4 5.2 5.5 5.8 6
EXIMBANK 3.8 4.3 5.2 4.5 5.2 5.1
GPBANK 3.2 3.72 5.05 5.4 5.75 5.85
HDBANK 3.85 3.95 5.1 4.7 5.5 6.1
KIENLONGBANK 3.7 3.7 5.2 5.3 5.6 5.7
LPBANK 3.4 3.5 4.7 4.8 5.1 5.6
MB 3.3 3.7 4.4 4.4 5.1 5
MSB 3.7 3.7 4.6 4.6 5.4 5.4
NAM A BANK 3.5 4.1 5 5.2 5.6 5.7
NCB 3.8 4.1 5.45 5.65 5.8 6.15
OCB 3.9 4.1 5.1 5.1 5.2 5.4
OCEANBANK 3.8 4.2 5 5.1 5.6 6.1
PGBANK 3.2 3.7 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
SCB 1.6 1.9 2.9 2.9 3.7 3.9
SEABANK 2.95 3.45 3.75 3.95 4.5 5.45
SHB 3.5 3.8 5 5.1 5.5 5.8
TECHCOMBANK 3.25 3.45 4.55 4.55 4.95 4.95
TPBANK 3.5 3.8 4.7 5.2 5.4
VIB 3.2 3.6 4.6 4.6 5.1
VIET A BANK 3.4 3.7 4.8 4.8 5.4 5.7
VIETBANK 3.8 4 5.2 5 5.6 5.9
VPBANK 3.6 3.8 5 5 5.5 5.5