Interest rates decreased for two consecutive days
As noted by Lao Dong, on August 16, Orient Commercial Joint Stock Bank (OCB) issued a new interest rate schedule, recording a decrease in long terms. Previously, OCB was one of the banks that listed an interest rate of 6.0%/year - the leading interest rate in the market until now.
OCB's online savings deposit interest rate schedule is currently listed as follows:
The 1-month term interest rate is 3.7%/year.
The 3-month term interest rate is 3.9%/year.
The 6-month term interest rate is 4.9%/year.
The 9-month term interest rate is 5.0%/year.
The 12-month term interest rate is 5.2%/year.
The 18-month term interest rate is 5.4%/year.
The 36-month term interest rate decreased by 0.2 percentage points, down to 5.8%/year.
Currently on the market there are 7 banks with listed interest rates above 6.0%/year including: ABBank, HDBank, NCB, OceanBank, SHB, BaoVietBank, BVBank.
Since the beginning of August, there have been 4 banks reducing interest rates, mostly for terms greater than 12 months, including: ABBank, SeABank, Bac A Bank and OCB.
(See more high interest rates HERE )
Details of deposit interest rates at banks, updated on August 16, 2024
