Increased savings deposits

Việt NamViệt Nam05/02/2023

After Tet, idle money from the population flowed strongly into the banking system.

Increased savings deposits

For most people, savings are always considered a safe investment channel and bring stable profits, especially when interest rates are still quite high as they are now.

After the Tet holiday, many people often choose to deposit idle money in banks. The interest rate is quite high and the bonus of lucky money at the beginning of the new year has attracted many people to go to banks to deposit money.

Compared to other months of the year, the amount of money deposited in banks after Tet has increased significantly. Currently, the deposit interest rate that many banks commonly apply is from 8.5 - 9.5%/year. Compared to many other investment channels, saving money is currently more dominant because of its safety, low risk and quite attractive interest rates.

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