ABBank increased interest rates today
As noted by Lao Dong, on July 22, An Binh Commercial Joint Stock Bank (ABBank) issued a new interest rate schedule, recording alternating increases and decreases at some terms.
ABBank's online deposit interest rate schedule records changes as follows:
The 1-month term interest rate remains unchanged at 3.2%/year.
The 3-month term interest rate increased by 0.1 percentage point, to 4.1%/year.
The 6-month term interest rate decreased by 0.3 percentage points, at 5.3%/year.
The 9-month term interest rate decreased by 0.1 percentage point, at 5.7%/year.
The 12-month term interest rate increased by 0.2 percentage points, to 6.2%/year.
Interest rate for 18-36 month term is 5.7%/year.
ABBank's over-the-counter deposit interest rate schedule is currently listed as follows:
The 1-month term interest rate is 3.0%/year.
The 3-month term interest rate is 3.4%/year.
The 6-month term interest rate is 4.6%/year.
The 9-month term interest rate is 4.2%/year.
The 12-month term interest rate is 5.4%/year.
Interest rate for 18-36 month term is 5.5%/year.
Before the interest rate increase, ABBank was the leading bank with the highest interest rate at the 12-month term. After raising interest rates, ABBank "broke the peak" of the previous highest interest rate with a profit mark of 6.2%/year.
Thus, ABBank became the 16th bank to increase interest rates since the beginning of July.
As of July 25, the market recorded 16 banks increasing interest rates including: NCB, Eximbank, SeABank, VIB, BaovietBank, Saigonbank, VietBank, MB, BVBank, KienLong Bank, PVcomBank, VPBank, PGBank, Sacombank, BIDV , ABBank.
Details of deposit interest rates at banks, updated on July 22, 2024
