According to Lao Dong, since the beginning of September, 11 banks have increased interest rates, including Dong A Bank, OceanBank, VietBank, GPBank, Agribank, Bac A Bank, NCB, OCB, BVBank, PGBank; with the increasing trend mainly in short terms.
However, the interest rate market also recorded a downward trend in interest rates from a bank that used to lead the market with the highest interest rate, ABBank. The alternating up and down trends at banks created a significant change in the ranking of the top highest interest rates in the market.
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 SeABank with an interest rate of 3.95%/year, followed by the interest rate of 3.85%/year of HDBank, OCB and Bac A Bank.
At the 3-month term, the highest interest rate is 4.3%/year currently listed by Eximbank. The next highest interest rate is 4.2%/year currently listed by OceanBank. The rate of 4.15%/year is listed by Bac A Bank and NCB.
Highest Interest Rate for 6-9 month term
At the 6-month term, CBBank jumped to the top with an interest rate of 5.55%/year. NCB paid an interest rate of 5.35%/year. Next was the interest rate of 5.35%/year at Bac A Bank.
At the 9-month term, the highest interest rate is 5.65%/year at NCB, followed by 5.5%/year, currently listed by BVBank, Dong A Bank and CBBank.
Highest Interest Rate for 12-month term
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.
Following are BVBank, Saigonbank and NCB with interest rates of 5.8%/year and BaovietBank, Dong A Bank with interest rates of 5.75%/year.
Details of deposit interest rates at banks, updated on September 20, 2024
