Highest bank interest rates at the end of December
According to Lao Dong reporter's records on December 30, 2023, with some banks in the system, the deposit interest rate table is being listed around 2.2-6.5%/year depending on the term and form of interest receipt.
Among them, some other banks with high interest rates include SHB, HDBank, KienlongBank; VietBank; NamABank; NCB...
Below is the specific interest rate table recorded on the banks' websites on the morning of December 30, 2023:
Deposit 1 billion VND, how to receive interest?
To calculate bank interest, you can apply the formula:
Interest = Deposit x deposit interest rate (%)/12 months x number of months of deposit
For example, with 1 billion VND, you deposit at Bank A for 12 months with an interest rate of 5.7%, the amount of savings you can receive is:
Interest = 1 billion VND x 5.7%/12 x 12 months = 57 million VND.
With the same 1 billion VND, you deposit savings at Bank B for a 12-month term with an interest rate of 5%, the amount of savings you can receive is:
Interest = 1 billion VND x 5%/12 x 12 months = 50 million VND.
* Interest rate information is for reference only and may change from time to time. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can read more articles about interest rates on Lao Dong Newspaper here...
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