ABBank continuously increases interest rates
According to Lao Dong, on November 4, An Binh Commercial Joint Stock Bank (ABBank) became the first bank to increase deposit interest rates in the new month. ABBank's online deposit interest rate schedule changes as follows:
The 1-month term interest rate is listed at 3.2%/year.
The 2-month term interest rate remains at 3.3%/year.
The 3-month interest rate remains at 3.9%/year.
Interest rate for 4-5 month term is 3.6%/year.
6-month term interest rate increased by 0.2 percentage points, reaching 5.5%/year.
Interest rates for 7-11 month terms increased by 0.1 percentage points to 5.6%/year.
The 12-month term interest rate is listed at 5.9%/year.
Interest rates for longer terms, including 13 months and 36-60 months, remain at 5.7% per year.
Currently, ABBank has announced the highest interest rate in the market, with a term of 15-18 months at 6.2%/year and a term of 24 months at 6.3%/year. ABBank is also the only bank to adjust interest rates in November, in the context that many other banks have kept their interest rates unchanged for over a month.
Which bank has the highest interest rate?
According to Lao Dong, after increasing interest rates in October, Bac A Bank took the lead in most terms with the highest savings interest rates in the market.
For the 1-month term, Bac A Bank leads with an interest rate of 4.15%/year. OceanBank follows with an interest rate of 4.1%/year; Eximbank, Dong A Bank, OCB, NCB, MSB currently pay interest of 3.9%/year for this term.
At the 3-month term, Bac A Bank leads with an interest rate of 4.45%/year. Followed by OceanBank with an interest rate of 4.4%/year and Eximbank with an interest rate of 4.3%/year.
At the 6-month term, Bac A Bank currently pays the highest interest rate of 5.6%/year. Followed by NCB, Dong A Bank with interest rate of 5.55%/year and interest rate of 5.4%/year listed at OceanBank.
At the 9-month term, Bac A Bank currently pays an interest rate of 5.7%/year; NCB currently pays an interest rate of 5.65%/year. Following is the interest rate of 5.55%/year listed at Dong A Bank.
For a 12-month term, Bac A Bank currently offers the highest interest rate of 6.0%/year. This is followed by an interest rate of 5.9%/year at ABBank and an interest rate of 5.8%/year at OceanBank, Dong A Bank, NCB, BVBank, SaigonBank and BaovietBank.
(See the highest interest rates HERE)
Details of deposit interest rates at banks, updated on November 4, 2024
