Vietnam Construction Commercial Joint Stock Bank ( CBBank ) has just increased deposit interest rates for terms from 1-12 months, becoming the 15th bank to increase deposit interest rates in November.

According to the online interest rate schedule just announced by CBBank, bank interest rates for 1-12 month terms have been adjusted to increase by 0.15%/year compared to before.

Specifically, the bank interest rate for 1-2 month term increased to 3.95%/year, the bank interest rate for 3-5 month term increased to 4.15%/year, and the 6 month term increased to 5.65%/year.

Interest rates for deposits with terms from 7-11 months also increased to 5.6%/year, and for 12-month terms increased to 5.8%/year.

CBBank keeps savings interest rates for terms of 13 months or more at 5.8%/year - the highest rate at this bank.

Similar to CBBank, Loc Phat Vietnam Joint Stock Commercial Bank ( LPBank ) has also just adjusted its deposit interest rates by increasing 0.2%/year for deposit terms from 1-11 months.

According to LPBank's latest online interest rate schedule, interest rates for 1-2 month terms increased to 3.8%/year, 3-5 month terms increased to 4%/year and 6-11 month terms increased to 5.2%/year.

LPBank maintains online deposit interest rates for terms from 12-16 months at 5.5%/year. Online deposit interest rates for terms from 18-60 months are also maintained at 5.8%/year, which is also LPBank's highest mobilization interest rate at present.

According to statistics, 15 banks have increased their deposit interest rates since the beginning of November, including: CBBank, SeABank, BaoViet Bank, HDBank, GPBank, LPBank, Nam A Bank, IVB, Viet A Bank, VIB, MB, Agribank, Techcombank, ABBank and VietBank. Of which, MB, Agribank and VIB are the banks that have increased their interest rates twice since the beginning of the month.

ABBank alone has adjusted interest rates three times to increase terms under 12 months. However, ABBank has also reduced 12-month savings interest rates twice during these adjustments.

Meanwhile, Bac A Bank is the only bank that has reduced interest rates across all terms.

INTEREST RATE TABLE FOR ONLINE DEPOSITS OF BANKS ON NOVEMBER 28, 2024 (%/YEAR)
BANK 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS 18 MONTHS
AGRIBANK 2.4 2.9 3.6 3.6 4.8 4.8
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 4.1 5.6 5.6 5.7 6.2
ACB 3.1 3.5 4.2 4.3 4.3
BAC A BANK 3.85 4.15 5.3 5.4 5.4 6.05
BAOVIETBANK 3.3 4.35 5.2 5.4 5.8 6
BVBANK 3.8 4 5.2 5.5 5.8 6
CBBANK 3.95 4.15 5.65 5.6 5.8 5.8
DONG A BANK 3.9 4.1 5.55 5.7 5.8 6.1
EXIMBANK 3.9 4.3 5.2 4.5 5.2 5.8
GPBANK 3.4 3.92 5.25 5.6 5.95 6.05
HDBANK 3.85 3.95 5.3 4.7 5.6 6.1
IVB 3.8 4.1 5.1 5.1 5.8 6.1
KIENLONGBANK 3.7 3.7 5.2 5.3 5.6 5.7
LPBANK 3.8 4 5.2 5.2 5.5 5.8
MB 3.7 4 4.6 4.6 5.1 5.1
MSB 3.9 3.9 4.8 4.8 5.6 5.6
NAM A BANK 4.5 4.7 5 5.2 5.6 5.7
NCB 3.9 4.2 5.55 5.65 5.8 5.8
OCB 3.9 4.1 5.1 5.1 5.2 5.4
OCEANBANK 4.1 4.4 5.4 5.5 5.8 6.1
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
SEABANK 3.4 4.1 4.5 4.7 5 5.45
SHB 3.5 3.8 5 5.1 5.5 5.8
TECHCOMBANK 3.35 3.65 4.55 4.55 4.55 4.55
TPBANK 3.5 3.8 4.7 5.2 5.4
VIB 3.6 3.9 4.8 4.8 5.3
VIET A BANK 3.7 4 5.2 5.4 5.7 5.9
VIETBANK 3.9 4.1 5.2 5 5.6 5.9
VPBANK 3.6 3.8 4.8 4.8 5.3 5.3

On November 27, the State Bank issued an official dispatch requesting credit institutions to maintain stable and reasonable deposit interest rates, consistent with capital balance capacity, healthy credit expansion capacity and risk management capacity, contributing to stabilizing the monetary market and market interest rates.

In addition, it is necessary to continue to resolutely and effectively implement solutions, simplify lending procedures, ... strive to reduce lending interest rates to support businesses and people to promote production and business, increase access to bank credit capital according to the direction of the Government and the Prime Minister.

Credit institutions continue to proactively announce average lending interest rates, the difference between average deposit and lending interest rates, lending interest rates for credit programs, credit packages and other types of lending interest rates (if any).