After 2 months since the sharp increase in deposit interest rates, Bao Viet Commercial Joint Stock Bank ( BaoViet Bank ) continues to increase deposit interest rates at some terms.

According to the online interest rate schedule recently adjusted by BaoViet Bank, the 6-month term interest rate increased by 0.25%/year, to 5.45%/year; the 7-8 month term interest rate increased by 0.2%/year, to 5.45%/year from today (January 24).

BaoViet Bank increased online deposit interest rates for 9-11 month terms by 0.1%/year, to 5.5%/year.

Interest rates on deposits for the remaining terms remain unchanged. The 12- and 13-month terms are 5.8% and 5.9% per year, respectively, while the highest interest rate at BaoViet Bank is 6% per year for deposits with terms of 15-36 months.

Meanwhile, the Vietnam Joint Stock Commercial Bank for Industry and Trade ( BVBank ) has also increased deposit interest rates for all terms from today.

Specifically, online deposit interest rates for 1-2 month terms increased slightly by 0.05%/year to 3.9% and 4%/year, respectively; interest rates for 3-5 month terms increased by 0.15%/year, reaching 4.15% - 4.2% - 4.25%/year, respectively.

BVBank slightly increased the online deposit interest rate for 6-month term by 0.05%/year, to 5.45%/year, while the interest rate for 7-month term increased sharply by 0.3%/year, to 5.5%/year; the interest rate for 7-8-month term increased by 0.25%/year, reaching 5.55% and 5.7%/year, respectively.

Interest rates for 9-month deposits increased slightly by 0.05%/year to 5.75%/year, 10-month deposits increased sharply by 0.3%/year to 5.8%/year, and 11-month deposits increased by 0.25%/year to 5.85%/year.

BVBank continues to consolidate its position as one of the leading banks in terms of 12-month deposit interest rates by continuing to increase by 0.05%/year the 12-36 month deposit interest rate.

Accordingly, the online mobilization interest rate for a 12-month term at this bank is 6.05%/year, for a 15-month term the interest rate is 6.25%/year, for an 18-month term the interest rate is 6.35%/year and for a 24-36-month term the interest rate is up to 6.45%/year, which is also the highest mobilization interest rate at BVBank.

An Binh Commercial Joint Stock Bank ( ABBank ) adjusted deposit interest rates for the second time this month, both increasing and decreasing different terms.

Accordingly, the bank adjusted the interest rate for short-term deposits from 3-5 months up by 0.2% per year; however, the bank reduced the interest rate for deposits from 6-12 months down by 0.1% per year.

Bank interest rates for the remaining terms remain unchanged. According to the online interest rate table just posted by ABBank, the interest rates for 1-2 month terms are 3.2% and 3.5%/year, respectively.

Interest rates for deposits with terms of 3-5 months have been increased to 4%/year. Meanwhile, interest rates for deposits with terms of 6 months have decreased to 5.5%/year, and for deposits with terms of 8-11 months have decreased to 5.6%/year. Interest rates for deposits with terms of 12 months have decreased to 5.8%/year, which is also the highest deposit interest rate at ABBank at present.

ABBank maintains online savings interest rates for terms of 13-18 months at 5.6%/year, and terms of 36-60 months at 5.5%/year.

Meanwhile, the market also recorded another quite surprising development in the market on the last working day before entering the Lunar New Year holiday of At Ty 2025, which was that Bac A Commercial Joint Stock Bank ( Bac A Bank ) reduced deposit interest rates for all terms.

Accordingly, the mobilization interest rate at Bac A Bank decreased by 0.15%/year for deposit terms from 1-11 months, and decreased by 0.1%/year for terms from 12-36 months.

According to the savings interest rate table posted by Bac A Bank for deposits under 1 billion VND, the interest rate for 1-2 month term is 3.75%/year; 3 month term is 4.05%/year; 4 month term is 4.15%/year and the highest savings interest rate for deposits under 6 months is 4.25%/year, applied to 5 month term.

After the simultaneous adjustment, the interest rate for 6-8 month deposits at Bac A Bank is 5.2%/year, 9-11 month deposits is 4.3%/year, 12 month deposits is 5.7%/year, 13-15 month deposits is 5.8%/year. The highest mobilization interest rate at Bac A Bank is up to 6.1%/year for 18-36 month deposits.

For deposit accounts over 1 billion VND, Bac A Bank lists an interest rate 0.2% higher per year than the above interest rate table. Accordingly, the highest savings interest rate when depositing money at this bank is 6.2% per year, applied for terms from 18-36 months.

Previously, on January 2, Bac A Bank increased interest rates for all terms, with an increase of 0.2-0.25%/year.

INTEREST RATE TABLE FOR ONLINE DEPOSITS ON JANUARY 24, 2025 AT BANKS (%/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 4 5.5 5.6 5.8 5.6
ACB 3.1 3.5 4.2 4.3 4.9
BAC A BANK 3.75 4.05 5.2 5.3 5.7 6.1
BAOVIETBANK 3.3 4.35 5.45 5.5 5.8 6
BVBANK 3.95 4.15 5.45 5.75 6.05 6.35
DONGA BANK 4.1 4.3 5.55 5.7 5.8 6.1
EXIMBANK 4 4.3 5.3 4.5 5.5 6.7
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
IVB 4 4.35 5.35 5.35 5.95 6.05
KIENLONGBANK 4.3 4.3 5.8 5.8 6.1 6.1
LPBANK 3.6 3.9 5.1 5.1 5.5 5.8
MB 3.7 4 4.6 4.6 5.1 5.1
MBV 4.3 4.6 5.5 5.6 5.8 6.1
MSB 4.1 4.1 5 5 6.3 5.8
NAM A BANK 4.3 4.5 5 5.2 5.6 5.7
NCB 4.1 4.3 5.45 5.55 5.7 5.7
OCB 4 4.2 5.2 5.2 5.3 5.5
PGBANK 3.4 3.8 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 3.95 4.15 4.7 5.45
SHB 3.5 3.8 5 5.1 5.5 5.8
TECHCOMBANK 3.35 3.65 4.45 4.45 4.85 4.85
TPBANK 3.7 4 4.8 5.3 5.5
VCBNEO 4.15 4.35 5.85 5.8 6 6
VIB 3.8 3.9 4.9 4.9 5.3
VIET A BANK 3.7 4 5.2 5.4 5.7 5.9
VIETBANK 4.2 4.4 5.4 5 5.8 5.9
VPBANK 3.8 4 5 5 5.5 5.5

According to statistics from the beginning of January 2025 to now, 10 banks have increased deposit interest rates including: Agribank, Bac A Bank, NCB, MBV, Eximbank (2 times), KienlongBank (2 times), VietBank, ABBank, BaoViet Bank, BVBank.

However, NCB and Agribank also reduced interest rates for 12-36 month terms, while ABBank reduced interest rates for 6-12 month terms. SeABank, Nam A Bank, Bac A Bank, and Techcombank also reduced interest rates (twice).