Specifically, An Binh Commercial Joint Stock Bank (ABBank) increased its deposit interest rate this morning, announcing a change in interest rate. This is the third increase since the beginning of May.

However, through 3 adjustments, ABBank only focused on increasing interest rates for the 6-month term. The increase each time was 0.1%/year on May 15, 16 and 23.

Accordingly, the latest 6-month online deposit interest rate is 4.7%/year. This is also the highest savings interest rate announced by this bank.

Online deposit interest rates for the remaining terms remain the same, 1-2 months is 2.9%/year, 3-5 months is 3%/year, and 7-60 months is listed at a single interest rate of 4.1%/year.

ABBank is also the only bank adjusting deposit interest rates this morning.

Previously, yesterday, only MB Bank adjusted interest rates for the 12-month term.

Before ABBank, VIB Bank also increased deposit interest rates 3 times on May 4, May 8 and May 21.

According to statistics from the beginning of May 2024, a series of banks have increased deposit interest rates, including: ACB, VIB, GPBank, NCB, BVBank, Sacombank, CB, Bac A Bank, Techcombank, TPBank, PGBank, SeABank, Viet A Bank, ABBank, VPBank, HDBank, and MB.

Of which, VIB and ABBank are the first banks to have increased interest rates 3 times since the beginning of the month.

CB, SeABank, ABBank are banks that have increased interest rates twice.

On the contrary, VietBank is the bank that adjusted the mobilization interest rate down for all terms, while MB reduced the mobilization interest rate for 12-month term, VIB reduced the mobilization interest rate for 24 and 36-month terms. Both of these banks reduced the interest rate by 0.1 percentage point, lower than the mobilization interest rate increase of this bank.

HIGHEST DEPOSIT INTEREST RATES AT BANKS ON MAY 23 (%/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 1.8 2.1 3.1 3.1 4.7 4.7
VIETCOMBANK 1.6 1.9 2.9 2.9 4.6 4.6
ABBANK 2.9 3 4.7 4.1 4.1 4.1
ACB 2.5 2.9 3.5 3.8 4.5 4.6
BAC A BANK 2.95 3.15 4.5 4.6 5.1 5.5
BAOVIETBANK 3 3.25 4.3 4.4 4.7 5.5
BVBANK 3 3.2 4.25 4.55 4.85 5.25
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 3.3 4.1 4.1 4.9 5.1
GPBANK 2.5 3.02 4.35 4.6 5.15 5.25
HDBANK 3.25 3.25 4.9 4.7 5.3 6.2
KIENLONGBANK 3 3 4.7 5 5.2 5.5
LPBANK 2.6 2.7 4 4.1 5 5.6
MB 2.6 3 3.9 4 4.8 4.7
MSB 3.5 3.5 4.1 4.1 4.5 4.5
NAM A BANK 2.7 3.4 4.3 4.7 5.1 5.5
NCB 3.2 3.5 4.65 4.85 5.2 5.7
OCB 3 3.2 4.6 4.7 4.9 5.4
OCEANBANK 2.9 3.2 4 4.1 5.4 5.9
PGBANK 2.6 3 3.8 3.8 4.7 5
PVCOMBANK 3.15 3.15 4.3 4.3 4.8 5.3
SACOMBANK 2.7 3.2 4 4.1 4.9 5.1
SAIGONBANK 2.3 2.5 3.8 4.1 5 5.6
SCB 1.6 1.9 2.9 2.9 3.7 3.9
SEABANK 2.7 2.9 3.6 3.8 4.45 5
SHB 2.8 3 4.2 4.4 4.9 5.2
TECHCOMBANK 2.55 2.95 3.85 3.85 4.65 4.65
TPBANK 3 3.3 4.2 4.9 5.3
VIB 2.8 3.1 4.1 4.1 4.9
VIET A BANK 3 3.3 4.5 4.5 5 5.3
VIETBANK 3 3.3 4.4 4.6 5.1 5.7
VPBANK 2.9 3.2 4.4 4.4 5 5