HDBank unexpectedly increases interest rates, highest 8.1%/year
According to Lao Dong on August 30, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) issued a new savings interest rate schedule, recording an increase of 0.3 percentage points for some terms.
HDBank's online deposit interest rate table records the following changes:
One-month interest rate increased by 0.3 percentage points to 3.85%/year.
3-month term interest rate increased by 0.4 percentage points, to 3.95%/year.
6-month term interest rate is 5.1%/year.
9-month term interest rate is 4.7%/year.
12-month term interest rate is 5.5%/year.
18-month term interest rate is 6.1%/year.
36-month term interest rate is 5.5%/year.
The online deposit interest rate table at HDBank is currently listed as follows:
1-month term interest rate is 3.35%/year.
3-month term interest rate is 3.34%/year.
6-month term interest rate at 5.0%/year.
9-month term interest rate is 4.6%/year.
12-month term interest rate at 5.4%/year.
18-month term interest rate at 6.0%/year.
36-month term interest rate is 5.4%/year.
In addition, HDBank currently applies an interest rate of 8.1%/year for a 13-month term and 7.7% for a 12-month term, with a minimum balance of VND500 billion. These are also two of the highest interest rates on the market to date.
According to statistics, a series of 17 banks have increased savings interest rates since the beginning of August, including: Eximbank, ACB, Agribank, Sacombank, Saigonbank, VietBank, TPBank, CBBank, VIB, Dong A Bank, VPBank, Techcombank, SHB, VietBank, PVCombank, Nam A Bank, HDBank.
(See more high interest rates HERE )
Details of deposit interest rates at banks, updated on August 30, 2024
