Kienlong Commercial Joint Stock Bank (Kienlongbank), after twice reducing deposit interest rates on March 1 and 14 by 0.2-0.3%/year for 1-36 month terms, has now continued to reduce them for the third consecutive time since the beginning of the month.

From today (March 21), Kienlongbank applies a new interest rate schedule, with a reduction for all terms from 1-60 months.

Bank interest rates for terms from 1-12 months for individual and corporate customers have all decreased by 0.2%/year since today; deposit terms from 13-17 months have decreased by 0.15%/year and terms from 18-60 months have decreased by 0.05%/year.

According to the online interest rate schedule for individual customers receiving interest at the end of the term, the bank interest rate for 1-4 month terms is only 3.7%/year; the latest interest rate for 5 month terms is 3.9%/year.

The latest 6-month term interest rate applied by Kienlongbank for new individual customers is 5.1%/year, while customers depositing for a term of 7-9 months will be paid an interest rate of 5.2%/year.

The 10-11 month term currently has a deposit interest rate of 5.3%/year, the 12 month term has the highest deposit interest rate among the terms announced by Kienlongbank, which is 5.5%/year.

Interest rates for 13-15 month savings terms have also been reduced to 5.35%/year, and for 17-60 month terms to 5.35%/year.

Compared to the savings interest rate table for individual customers, the interest rate for corporate customers listed by Kienlongbank is 0.2%/year lower for terms from 1-5 months and 9 months; 0.1%/year lower for terms from 6-9 months and 0.3%/year lower for terms from 10-60 months.

Thus, the highest interest rate for institutional customers set by Kienlongbank is 5.2%/year for 12-month deposits.

Before Kienlongbank, Eximbank also adjusted online deposit interest rates down 3 times since the beginning of March.

Since the February 25 meeting held by the State Bank with commercial banks on interest rates, 23 domestic commercial banks have lowered their deposit interest rates by 0.1-1% per year depending on the term.

In March alone, 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 and Kienlongbank have reduced interest rates three times; PGBank has also reduced interest rates twice since the beginning of the month.

INTEREST RATES FOR ONLINE DEPOSITS AT BANKS ON MARCH 21, 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 3.7 3.7 5.1 5.2 5.5 5.45
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
Gold price today March 21, 2025: The world rushed to take profits, gold rings and SJC turned around and plummeted. Gold price today March 21, 2025 on the international market suddenly plummeted due to investors rushing to take profits. Gold rings and SJC are also in a cooling trend, simultaneously losing the 100 million VND/tael mark.