Since the beginning of October, the market has had 3 banks increase interest rates: Bac A Bank, LPBank and Eximbank, all of which recorded significant increases. For example, Eximbank increased by 0.7% for terms of 18 and 36 months; Bac A Bank increased simultaneously for terms under 12 months, entering the top banks with the highest interest rates. LPBank also increased by 0.6% for all terms.
In contrast, Techcombank is the only bank that has reduced interest rates since the beginning of October. This bank listed a 0.1% reduction for terms greater than 12 months, bringing the interest rate across the system to below 5.0%/year.
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 OceanBank with an interest rate of 4.1%/year. Followed by Bac A Bank with an interest rate of 4.0%/year.
At the 3-month term, the highest interest rate is 4.4%/year currently listed by OceanBank. The next highest interest rate is 4.3%/year listed by Eximbank and Bac A Bank. The rate of 4.2%/year is listed by OCB.
Highest Interest Rate for 6-9 month term
At term 6, CBBank leads with an interest rate of 5.55%/year. NCB and Bac A Bank pay interest of 5.45%/year. Next is the interest rate of 5.4%/year at OceanBank.
At the 9-month term, the highest interest rate is 5.65%/year at NCB, followed by the interest rate of 5.55%/year, currently listed by Dong A Bank and Bac A Bank.
Highest Interest Rate for 12-18-36 month terms
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.
Followed by OceanBank, Dong A Bank, NCB, BVBank, Saigonbank, BaovietBank with interest rate of 5.8%/year.
For the 18-36 month term, NCB leads with the highest interest rate of 6.15%/year. Followed by HDBank, OceanBank, Dong A Bank with interest rate of 6.1%/year.
Details of deposit interest rates at banks, updated on October 10, 2024
