Standard Chartered Vietnam - a bank from the UK, has just unexpectedly adjusted its deposit interest rates to reduce the deposit interest rates at the counter for terms from 1-9 months, while increasing the deposit interest rates for terms from 12-36 months.

According to the latest interest rate schedule announced by Standard Chartered , the 1-month term bank interest rate decreased by 0.16 percentage points to 2.97%/year; the 2-month term bank interest rate decreased by 0.09 percentage points to 3.12%/year; the 3-month term bank interest rate decreased by 0.08 percentage points to 3.18%/year.

Meanwhile, the interest rate mobilized at the counter for a 6-month term decreased by 0.2 percentage points to 4.02%/year; the 9-month term decreased by 0.08 percentage points to 4.21%/year.

On the other hand, Standard Chartered increased the interest rate on 12-36 month deposits by 0.04 percentage points to 4.49%/year. This is also the highest interest rate at the counter when depositing money at this bank.

Notably, the 12-month online deposit interest rate (the only term Standard Chartered announced via online deposit method) has just been increased by 0.14 percentage points by the bank, to 4.59%/year.

Meanwhile, the Vietnam-Russia Joint Venture Bank ( VRB ) continued to reduce its deposit interest rates for the second time this month, with a 0.2 percentage point reduction in the 18-month savings interest rate and a 0.3 percentage point reduction in the 24-36 month term for individual customers. Currently, the savings interest rates for these terms are all brought down to 5.7%/year, the highest deposit interest rate for individual customers.

In addition, VRB continues to reduce interest rates for most terms for corporate customers.

Accordingly, the 1-month term interest rate decreased by 0.1 percentage point, down to 4%/year; the 2-month term decreased by 0.2 percentage point, down to 4%/year; the 3- and 5-month terms also decreased by 0.2 percentage point, down to 4.1% and 4.2%/year, respectively.

Interest rates on 6-month deposits for corporate customers dropped sharply by 0.4 percentage points to 5.4% per year; 7-8-month deposits dropped by 0.3 percentage points to 5.5% per year and 9-month deposits dropped by a similar amount to 5.6% per year.

Interest rates for corporate customers with a term of 12-13 months decreased by 0.2 percentage points to 5.8% and 5.9%/year. The term of 15 months decreased by 0.1 percentage points to 6%/year, the term of 18 months decreased by 0.2 percentage points to 6.1%/year; the term of 24-36 months decreased by 0.3 percentage points to 6.1%/year.

Previously, VRB also sharply reduced deposit interest rates on March 14, along with IVB and Hong Leong Bank, the first foreign banks and joint venture banks to reduce deposit interest rates in March.

After the meeting on February 25 between the State Bank and commercial banks on interest rates, 23 domestic commercial banks lowered their deposit interest rates by 0.1-1% per year depending on the term.

In March, 18 domestic commercial banks reduced deposit interest rates from the beginning of the month, including: PGBank, Viet A Bank, Kienlongbank, Bac A Bank, Eximbank, LPBank, Nam A Bank, NCB, SHB, VCBNeo, VIB, Vikki Bank, MBV, BIDV, Techcombank, VietinBank, OCB, ABBank.

Of which, Eximbank has reduced interest rates three times, Kienlongbank and PGBank have also reduced interest rates twice since the beginning of the month.

HIGHEST DEPOSITS INTEREST RATES AT BANKS ON MARCH 19, 2025 (%/YEAR)
BANK 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS 18 MONTHS
AGRIBANK 2.4 3 3.7 3.7 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 3.9 5.4 5.5 5.7 5.5
ACB 3.1 3.5 4.2 4.3 4.9
BAC A BANK 3.5 3.8 4.95 5.05 5.4 5.8
BAOVIETBANK 3.5 4.35 5.45 5.5 5.8 6
BVBANK 3.95 4.15 5.35 5.5 5.8 6
EXIMBANK 4 4.3 5.2 5.2 5.4 5.6
GPBANK 3.5 4.02 5.35 5.7 6.05 6.15
HDBANK 3.85 3.95 5.3 4.7 5.6 6.1
KIENLONGBANK 3.9 3.9 5.3 5.4 5.7 5.5
LPBANK 3.6 3.9 5.1 5.1 5.5 5.7
MB 3.7 4 4.6 4.6 5.1 5.1
MBV 4.1 4.4 5.5 5.6 5.8 5.9
MSB 3.9 3.9 5 5 5.6 5.6
NAM A BANK 4 4.2 4.9 5.2 5.5 5.6
NCB 4 4.2 5.35 5.45 5.6 5.6
OCB 4 4.2 5.2 5.2 5.3 5.5
PGBANK 3.4 3.8 5 4.9 5.4 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 5.6 5.8
SCB 1.6 1.9 2.9 2.9 3.7 3.9
SEABANK 2.95 3.45 3.95 4.15 4.7 5.45
SHB 3.5 3.8 4.9 5 5.3 5.5
TECHCOMBANK 3.25 3.55 3.55 4.55 4.75 4.75
TPBANK 3.5 3.8 4.8 4.9 5.2 5.5
VCBNEO 4.15 4.35 5.7 5.65 5.85 5.85
VIB 3.7 3.8 4.7 4.7 4.9 5.2
VIET A BANK 3.7 4 5.2 5.4 5.7 5.9
VIETBANK 4.1 4.4 5.4 5.4 5.8 5.9
VIKKI BANK 3.9 4.15 5.3 5.45 5.65 5.9
VPBANK 3.8 4 5 5 5.5 5.5
WOORI BANK 2.5 2.9 3.9 3.9 4.7 4.7
HSBC 1 2.25 2.75 2.75 3.25 3.75
Standard Chartered 2.97 3.18 4.02 4.21 4.49 4.49
Shinhan Bank 2.5 2.7 3.7 3.7 4.9 5.3
Public Bank 3.8 4 5.1 5.2 5.6 5.95
IVB 3.9 4.2 5.1 5.1 5.4 5.6
VRB 3.8 4 5.1 5.3 5.7 5.7
UOB Vietnam 3 3 4 4 4
Hong Leong Bank 3.25 3.55 4.45 4.4 4.65
CIMB Vietnam 3.2 4 5 5.1 5.3
Gold price today March 19, 2025 increased continuously, SJC and plain gold approached 100 million VND . Gold price today March 19, 2025 in the world continued to climb, continuously conquering new peaks of over 3,033 USD/ounce. Domestically, SJC and plain gold prices increased by a record million VND per tael, approaching the threshold of 100 million VND/tael.