MSB increases interest rates, highest 7.5%/year
According to Lao Dong, on October 22, Vietnam Maritime Commercial Joint Stock Bank (MSB) issued a new interest rate schedule, recording a significant increase in all terms.
MSB's online deposit interest rate table records the following changes:
Interest Rate for 1-3 month term increased by 0.2 percentage points, to 3.9%/year.
Interest Rate for 6-9 month term increased by 0.2 percentage points, to 4.8%/year.
Interest Rate for terms greater than 12 months increased by 0.2 percentage points to 5.6%/year.
MSB's counter deposit interest rate table recorded a similar change, increasing by 0.2 percentage points at all deposit terms, currently as follows:
Interest Rate for 1-3 month term increased by 0.2 percentage points, to 3.4%/year.
Interest Rate for 6-9 month term increased by 0.2 percentage points, to 4.5%/year.
Interest Rate for terms greater than 12 months increased by 0.2 percentage points to 5.3%/year.
What is the highest Interest Rate?
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 OceanBank with an interest rate of 4.1%/year. Followed by Bac A Bank with an interest rate of 4.0%/year.
At the 3-month term, the highest interest rate is 4.4%/year currently listed by OceanBank. The next highest interest rate is 4.3%/year listed by Eximbank and Bac A Bank. The rate of 4.2%/year is listed by OCB.
Highest Interest Rate for 6-9 month term
At term 6, CBBank leads with an interest rate of 5.55%/year. NCB and Bac A Bank pay interest of 5.45%/year. Next is the interest rate of 5.4%/year at OceanBank.
At the 9-month term, the highest interest rate is 5.65%/year at NCB, followed by the interest rate of 5.55%/year, currently listed by Dong A Bank and Bac A Bank.
Highest Interest Rate for 12-18-36 month terms
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.
Followed by OceanBank, Dong A Bank, NCB, BVBank, Saigonbank, BaovietBank with interest rate of 5.8%/year.
For the 18-36 month term, NCB leads with the highest interest rate of 6.15%/year. Followed by HDBank, OceanBank, Dong A Bank with interest rate of 6.1%/year.
Details of deposit interest rates at banks, updated on October 22, 2024
