Competitive online interest rates
Customers who deposit savings online often receive interest rates 0.2-0.3 percentage points higher than those at the counter. Popular terms such as 12 months record the highest interest rate of about 6.35% at some banks.
Dr. Le Xuan Nghia assessed that current deposit interest rates are still lower than the forecast inflation rate, but banks are making adjustments to increase the attractiveness of real interest rates. He also affirmed that, in the context of other investment channels such as real estate and stocks being less attractive, bank deposits continue to be a safe and reliable choice for people and investors.
A series of banks compete to pay deposit interest rates from 8-9.5%/year?
According to Lao Dong, with a special interest rate, the highest in the market is the interest rate of 9.5%/year listed at PVcomBank. PVcomBank customers will enjoy a special interest rate of 9.5%/year when having a new deposit balance of 2,000 billion VND or more.
HDBank also listed an interest rate of 8.1%/year for a 13-month term. Applicable to savings of at least VND500 billion/savings card, not applicable to mobilization in the form of initial interest or periodic interest.
In addition, lower savings rates, from 7.0%/year, are also listed at many banks.
Dong A Bank is listing a special interest rate of 7.5%/year for customers depositing for a term of 13 months or more, with interest at the end of the term for deposits of VND 200 billion or more, for a period of 365 days/year.
MSB currently offers a special interest rate of 7.0%/year to customers with newly opened savings books or savings books opened from January 1, 2018, automatically renewed with a deposit term of 12 months, 13 months and a deposit amount of VND 500 billion or more.
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