Saigon Thuong Tin Commercial Joint Stock Bank ( Sacombank ) has just increased its deposit interest rate, with the highest increase of up to 0.7%/year from today. This is the first time in 2 months that Sacombank has increased its deposit interest rate.

According to the online interest rate table, the 1-month term increased by 0.3%/year to 3%/year, the 2-month term increased by 0.2%/year to 3.1%/year, while the 3-month term increased slightly by 0.1%/year to 3.3%/year.

The interest rates for 4- and 5-month terms are 3.4% and 3.5% per year, respectively, after increasing by 0.6% and 0.7% per year. However, the interest rate for 6-month terms only increased slightly by 0.1% per year to 4.1% per year. The increase of 0.4% per year applies to the 7-8-month term, the latest interest rate is 4.2% per year.

The interest rate for the 9-11 month term is listed at 4.3%/year after increasing by 0.2%/year for the 9-month term and 0.4%/year for the other two terms. The 13-month term increased by 0.2% to 4.9%/year.

Although the increase is quite strong, in general, Sacombank is still a bank that pays low deposit interest rates compared to the general level.

Sacombank keeps the deposit interest rate unchanged for the remaining terms including 12 months at 4.9%/year, 15 months at 5%/year, 18 months at 5.1%/year, 24 months at 5.2%/year, and 36 months at 5.4%/year.

Sacombank is the only bank adjusting interest rates today.

Thus, since the beginning of July, 14 commercial banks have increased their deposit interest rates. The banks that have increased interest rates include: NCB, Eximbank, SeABank , VIB, BaoViet Bank, Saigonbank, VietBank, MB, BVBank, KienLong Bank, VPBank, PVCombank, PGBank, and Sacombank. Of which, VietBank is the first bank to increase interest rates for the second time since the beginning of the month.

HIGHEST DEPOSITS INTEREST RATES AT BANKS ON JULY 19, 2024 (%/YEAR)
BANK 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS 18 MONTHS
AGRIBANK 1.6 1.9 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 4 5.6 5.8 6 5.7
ACB 2.8 3.1 3.9 4 4.7
BAC A BANK 3.5 3.7 4.9 5 5.5 5.6
BAOVIETBANK 3.1 3.9 5.1 5.2 5.6 5.9
BVBANK 3.7 3.8 5.1 5.5 5.8 6
CBBANK 3.4 3.6 5.15 5.1 5.3 5.55
DONG A BANK 2.8 3 4 4.2 4.5 4.7
EXIMBANK 3.5 4.3 5.2 4.5 5 5.1
GPBANK 3 3.52 4.85 5.2 5.75 5.85
HDBANK 3.52 3.25 4.9 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 3.1 3.8 4.6 5.1 5.4 5.7
NCB 3.7 4 5.35 5.55 5.7 6.1
OCB 3.7 3.9 4.9 5 5.2 5.4
OCEANBANK 3.4 3.8 4.8 4.9 5.5 6.1
PGBANK 3.2 3.7 5 5 5.5 5.8
PVCOMBANK 3.35 3.55 4.5 4.7 5.1 5.8
SACOMBANK 3 3.3 4.1 4.3 4.9 5.1
SAIGONBANK 2.5 2.8 4.1 4.4 5.3 5.6
SCB 1.6 1.9 2.9 2.9 3.7 3.9
SEABANK 3.2 3.7 4.2 4.4 4.95 5.7
SHB 3.3 3.4 4.7 4.8 5.2 5.5
TECHCOMBANK 2.85 3.25 4.25 4.25 4.95 4.95
TPBANK 3.3 3.6 4.5 5.2 5.4
VIB 3.1 3.3 4.3 4.4 4.9
VIET A BANK 3.4 3.7 4.8 4.8 5.4 5.7
VIETBANK 3.6 3.8 4.9 4.7 5.3 5.9
VPBANK 3.1 3.6 4.8 4.8 5.3 5.3