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.
Where is the best place to send money?
According to records, at the 1-month term, the highest deposit interest rate currently belongs to OceanBank with an interest rate of 4.1%/year.
At the 3-month term, the highest interest rate is 4.4%/year currently listed by OceanBank.
At term 6, CBBank leads with interest rate of 5.55%/year.
At 9-month term, the highest interest rate is 5.65%/year at NCB.
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.
For the 18-36 month term, NCB leads with the highest interest rate of 6.15%/year.
Where to deposit money to receive interest rate above 6.0%/year?
According to the latest records of Lao Dong, the market currently has up to 9 banks listing interest rates above the threshold of 6.0%/year and not requiring deposit conditions.
For the 18-36 month term, NCB leads with an interest rate of 6.15%/year - this is also the highest savings interest rate on the market without requiring deposit conditions.
Following are HDBank, OceanBank, Dong A Bank with interest rates of 6.1%/year for terms of 18-36 months.
The next highest Interest Rate belongs to Bac A Bank with an interest rate of 6.05%/year, term of 18-36 months.
Finally, banks listed interest rates of 6.0%/year for similar terms, including BVBank, BaovietBank; Saigonbank currently listed interest rates of 6.0%/year for 18-month terms and 6.1%/year for 36-month terms; SHB also currently listed interest rates of 6.1%/year for 36-month terms.
Details of deposit interest rates at banks, updated on October 13, 2024
