According to the online deposit interest rate schedule applied by BVBank since March 4, deposit interest rates for terms of 1-4 months have decreased by 0.4 percentage points.

Specifically, the bank interest rate for 1-month term is 3.3%/year, 2-month term is 3.4%/year, 3-month term is 3.4%/year and 4-month term is 3.45%/year.

While the 5-month term decreased by 0.3 percentage points to 3.5%/year. The online mobilization interest rate for the 6-7-8 month term also decreased by 0.25 percentage points to 4.4% - 4.5% - 4.5%/year.

After a 0.2 percentage point reduction, the 9-month term interest rate is 4.6%/year, the 10-month term is 4.65%/year and the 11-month term is 4.7%/year.

BVBank reduced the 12-month deposit interest rate by 0.15 percentage points to 4.8%/year. Although the long-term interest rate has been reduced by 0.15-0.25 percentage points, it is still anchored at over 5%/year.

Specifically, the interest rate for 15-month deposits is 5.3%/year, 18-month deposits is 5.5%/year, and 24-month deposits have the highest interest rate of 5.6%/year.

At PGBank , this bank has just reduced the interest rate for 1-2 and 3 month deposits by 0.2 percentage points. Currently, the interest rates for these terms are: 2.9% - 3% - 3.3%/year, respectively.

6-month bank interest rates were slightly reduced by 0.1 percentage points to 4.1%/year.

PGBank reduced interest rates by 0.2 percentage points for terms from 9 to 13 months. Accordingly, the savings interest rate for 9-month term is 4.2%/year, 12-month term is 4.7%/year and 13-month term is 4.8%/year.

Interest rates for 18-month deposits remain at 5.1% per year, while 24-36-month deposits remain at 5.2% per year.

Apart from PGBank and BVBank, interest rates of other banks remained unchanged on the morning of March 4.

In the interbank market, overnight interbank interest rates have turned sharply downward. Specifically, the State Bank said that in the session of February 29, the overnight interbank interest rate decreased by 0.94 percentage points to 1.46%/year. Previously, the overnight interest rate recorded in the session of February 21 was up to 4.14%/year.

The 1-week term interest rate in the session on February 29 also decreased to 1.71%/year, 0.81 percentage points lower than the previous session.

Meanwhile, the 2-week interbank interest rate also decreased by 0.95 percentage points to 1.72%/year.

HIGHEST DEPOSITS INTEREST RATE TABLE ON MARCH 4 (%/year)
BANK 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS 18 MONTHS
BAOVIETBANK 3.5 3.85 4.8 4.9 5.3 5.5
PVCOMBANK 2.85 2.85 4.8 4.8 4.9 5.2
ABBANK 3 3.2 4.7 4.3 4.3 4.4
NCB 3.4 3.6 4.65 4.75 5.1 5.6
VIETBANK 3.1 3.5 4.6 4.8 5.3 5.8
HDBANK 2.95 2.95 4.6 4.4 4.8 5.7
OCB 3 3.2 4.6 4.7 4.9 5.4
CBBANK 3.6 3.8 4.5 4.45 4.65 4.9
DONG A BANK 3.5 3.5 4.5 4.7 5 5.2
VIET A BANK 3.1 3.4 4.5 4.5 5 5.3
NAM A BANK 2.9 3.4 4.5 4.8 5.3 5.7
GPBANK 2.6 3.12 4.45 4.6 4.65 4.75
KIENLONGBANK 3.2 3.2 4.4 4.6 4.8 5.3
BVBANK 3.3 3.4 4.4 4.6 4.8 5.5
OCEANBANK 3.1 3.3 4.4 4.6 5.1 5.5
VPBANK 2.6 2.8 4.3 4.3 4.6 4.6
BAC A BANK 2.8 3 4.2 4.3 4.6 5.1
SHB 2.6 3 4.2 4.4 4.8 5.1
VIB 2.7 3 4.1 4.1 4.9
PGBANK 2.9 3.3 4.1 4.2 4.7 5.1
LPBANK 2.6 2.7 4 4.1 5 5.6
TPBANK 2.8 3 4 4.8 5
EXIMBANK 2.8 3.1 3.9 3.9 4.9 5.1
SACOMBANK 2.6 2.9 3.9 4.2 5 5.6
MSB 3.5 3.5 3.9 3.9 4.3 4.3
SAIGONBANK 2.5 2.7 3.9 4.1 5 5.4
SEABANK 2.9 3.1 3.7 3.9 4.25 4.8
MB 2.4 2.7 3.7 3.9 4.7 4.9
ACB 2.7 3.2 3.7 4 4.8
TECHCOMBANK 2.55 2.95 3.65 3.7 4.55 4.55
BIDV 2 2.3 3.3 3.3 4.8 4.8
VIETINBANK 1.9 2.2 3.2 3.2 4.8 4.8
AGRIBANK 1.7 2 3.2 3.2 4.8 4.8
SCB 1.75 2.05 3.05 3.05 4.75 4.75
VIETCOMBANK 1.7 2 3 3 4.7 4.7