Saigon Commercial Joint Stock Bank for Industry and Trade (Saigonbank) has just adjusted the deposit interest rate schedule from June 18, increasing by 0.5 percentage points for terms from 6-12 months and 18-36 months.
According to the new online deposit interest rate schedule, the 6-month term interest rate was raised to 6.9%/year. Notably, the 12-month term interest rate increased to 7.2%/year, while the 18-month term reached 7%/year. Online deposit interest rates for 24-month and 36-month terms were adjusted to 6.5%/year and 6.6%/year respectively.
The highest deposit interest rate at Saigonbank is still maintained at 7.9%/year, applied to online deposits with a term of 13 months. This interest rate has been increased by the bank by 0.9 percentage points from May 6 and continues to be maintained until now.
Meanwhile, the interest rate for short terms from 1-5 months is still maintained by Saigonbank at 4.75%/year.
In the opposite direction, Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has just adjusted down 0.2-0.3 percentage points for deposit interest rates for terms from 12-24 months. After the adjustment, the interest rate for online deposits receiving interest at the end of the term at these terms simultaneously decreased to 6%/year.
VPBank maintains the interest rates for the remaining terms. Accordingly, online deposit interest rates for 1-2 month terms are 4.45%/year, 3-5 month terms are 4.65%/year, 6-11 month terms reach 6%/year and 36 month terms are at 5.6%/year.
Thus, after the adjustment, VPBank is listing the same interest rate of 6%/year for all terms from 6-24 months for online deposits with interest paid at the end of the term.
For the Phat Loc Thinh Vuong deposit product, the applied interest rate is 0.1 percentage points higher than ordinary deposits for terms from 1-24 months. The highest interest rate of this product is currently 6.1%/year.
Statistics of banks with the highest savings interest rates today
Comparing the highest 3-month term bank interest rates
The highest 6-month term bank savings interest rate today
For 12-month savings, which bank has the highest interest rate?
Highest bank interest rate for 24-month term
Interest rate information is for reference only and may change in each period. Please contact the nearest bank transaction point or hotline for specific advice.
Readers can refer to more articles about interest rates HERE.
