Implementing the SBV's direction on stabilizing the general level of interest rates, Agribank proactively lowered lending interest rates, and at the same time, was the pioneer bank to announce a 0.5% reduction in lending interest rates.
On April 9, 2026, immediately after the SBV organized a meeting on deploying banking work with representatives of commercial banks on monetary policy management, Agribank issued a document to implement a sharp reduction in deposit interest rates by 0.5%/year for terms of 24 months or more for individual customers, effective from April 13, 2026.
This move shows the quick and proactive policy response of Agribank in implementing the SBV's direction on stabilizing the general level of interest rates. With the role of a key state-owned commercial bank, Agribank continues to show pioneering and exemplary spirit in seriously implementing the directions of the Government and the SBV, while proactively balancing capital sources and controlling costs to contribute to stabilizing the monetary market.
Not only reducing deposit interest rates, Agribank is also the first bank to announce a reduction in lending interest rates. According to the mechanism applied at Agribank, 24-month term savings interest rates are used as reference interest rates to determine medium and long-term lending interest rates. Therefore, when the reference interest rate decreases by 0.5%/year, the lending interest rate is also adjusted down correspondingly by 0.5%/year. The simultaneous reduction of both deposit interest rates and lending interest rates shows Agribank's efforts in sharing capital costs with customers, especially in the context that the economy still needs more momentum to recover and grow.
In fact, this management orientation has been prepared by Agribank early. Right from the beginning of 2026, in the face of competitive interest rate pressure and increasing system liquidity pressure, Agribank has synchronously implemented many solutions to proactively manage interest rates and restructure capital sources in a cautious and flexible direction, ensuring liquidity stability, thereby contributing to maintaining interest rate levels and supporting credit growth.
In which, Agribank focuses on restructuring capital sources in the direction of encouraging CASA growth, prioritizing capital sources with reasonable costs, developing mobilized products on digital channels and promoting stable deposit growth from residents. Interest rate adjustments are implemented with appropriate margins, closely following the direction of the Government and the SBV, in accordance with market developments and on the basis of Agribank's actual liquidity balance.
Thanks to reasonable deposit interest rate management, Agribank not only maintains stable capital sources but also continues to ensure effective capital structure, keeping input costs at an appropriate level, thereby creating room to maintain low lending rates, supporting the economy. This is an important factor helping Agribank continue to promote its role in accompanying people and businesses in accessing credit to serve production and business.
In addition to adjusting interest rates down, Agribank continues to implement many priority and preferential loan programs according to the direction of the Government and the SBV, targeting production and business sectors, priority sectors and customer groups in need of capital support. The synchronous implementation of solutions on interest rates and credit shows that Agribank not only responds to the operating policy, but also concretizes that policy with practical actions, thereby contributing to stabilizing the monetary market and supporting economic growth.
In the context that the general level of interest rates is still under a lot of pressure, Agribank's proactive reduction of deposit interest rates, pioneering reduction of 0.5% of lending interest rates and continued implementation of preferential credit programs is clear evidence of the role of a key state-owned commercial bank. Not only strictly implementing the direction of the Government and the SBV, Agribank also shows its pioneering responsibility, leading and accompanying the economy with specific, timely and practical solutions.
