Series of 8 banks increase interest rates

Interest rate fluctuations 14.9: 8 banks increase interest rates one after another — Interest rate fluctuations on September 14: A series of 8 banks increased interest rates one after another. Photo: Mai Anh.

According to Lao Dong, since the beginning of September, there have been 6 banks increasing interest rates, including: Techcombank, Dong A Bank, OceanBank, Eximbank, GPBank, VietBank, OCB, NCB; with the increasing trend mainly in short terms.

However, the interest rate market also recorded a downward trend in interest rates from a bank that used to lead the market with the highest interest rate, ABBank. The alternating up and down trends at banks created a significant change in the ranking of the top highest interest rates in the market.

Highest interest rate for 1-3 month term

According to Lao Dong, at the 1-month term, the highest deposit interest rate currently belongs to SeABank with an interest rate of 3.95%/year, followed by the interest rate of 3.85%/year of HDBank, OCB and Bac A Bank.

At the 3-month term, the highest interest rate is 4.3%/year currently listed by Eximbank. The next highest interest rate is 4.2%/year currently listed by OceanBank. The rate of 4.15%/year is listed by Bac A Bank and NCB.

Highest interest rate for 6-9 month term

At the 6-month term, CBBank jumped to the top with an interest rate of 5.55%/year. NCB paid an interest rate of 5.35%/year. Next was the interest rate of 5.35%/year at Bac A Bank.

At the 9-month term, the highest interest rate is 5.65%/year at NCB, followed by 5.5%/year, currently listed by BVBank, Dong A Bank and CBBank.

Highest interest rate for 12 month term

At the 12-month term, the leading bank with the highest interest rate is Bac A Bank with an interest rate of 5.9%/year.

Following are BVBank, Saigonbank and NCB with interest rates of 5.8%/year and BaovietBank, Dong A Bank with interest rates of 5.75%/year.

Details of deposit interest rates at banks, updated on September 14, 2024