Bank interest rates on December 18: Many banks adjust interest rates

Some banks apply outstanding interest rates of up to 6-6.3% for long terms, especially banks with promotional programs or requiring large deposits.

Many banks have simultaneously adjusted their deposit interest rates. (Photo: Vietnam+)

Recently, many banks have simultaneously adjusted their deposit interest rates.

Some banks apply outstanding interest rates of up to 6-6.3% for long terms, especially banks with promotional programs or requiring large deposits.

BVBank is one of the banks with the strongest interest rate adjustments.

- BVBank applies the highest interest rate of 6.3%/year for terms of 18-24 months, which is a very attractive interest rate compared to the current market level. Shorter terms such as 1 month and 3 months also have slight adjustments, with interest rates reaching 3.8% and 4.05%/year respectively.

- PVcomBank is currently leading with interest rates up to 9.5% for 12-13 month terms, but only applies to minimum deposits of VND 2,000 billion.

- HDBank with interest rate of 8.1% for 13-month term and 7.7% for 12-month term, but customers also need to maintain a minimum balance of 500 billion VND.

- MSB applies an interest rate of 8% for a 13-month term and 7% for a 12-month term. However, the condition for applying this interest rate is that the minimum deposit amount must be from 500 billion VND, and the customer must have a new savings account or an automatic renewal.

Some banks Others do not require special conditions but still apply interest rates above 6% for long terms.

- BVBank with interest rate of 6% for 12-month term, 6.2% for 15-month term, and 6.3% for term of 18 months or more.

- IVB, GPBank, Cake by VPBank, and OceanBank also apply interest rates from 6-6.15% for long terms from 12 to 36 months.

- Eximbank, SaigonBank, and VietABank still maintain interest rates from 6-6.1% for terms from 12 to 36 months without requiring customers to have large deposit balances./.

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