Bank interest rates today 11/9: Continue to increase sharply

MBBank and VIB interest rates increase sharply

MBBank's mobilization interest rates have been adjusted to increase in many terms. Of which, the 1-4 month terms have increased by 0.2%/year. After adjustment, the 1-month term interest rate has increased to 3.5%/year; the 2-month term has increased to 3.6%/year; the 3-4 month term has increased to 3.9%/year;

Terms from 5-18 months increased by 0.1%/year. After adjustment, interest rates for 5-month terms increased to 3.8%/year; terms from 6-11 months increased to 4.5%/year; terms from 13-18 months increased to 5.1%/year.

Similarly, VIB also increased its interest rates for all terms. Accordingly, the 1-5 month term increased by 0.3%/year; the 6-36 month term increased by 0.2%/year. After adjustment, the online interest rate for VIB for the 1-2 month term is 3.5%/year; the 3-5 month term is 3.8%/year; the 6-11 month term is 4.8%/year; the 15-18 month term is 5.3%/year and the 24-36 month term is 5.4%/year.

Thus, since the beginning of November, 5 banks have increased interest rates, including: Agribank, ABBank, Techcombank, MBBank and VIB.

Special interest rate highest 7-9.5%

Many banks list interest rates at high levels, up to 7-9.5%. However, to receive this interest rate, special conditions must be met.

PVcomBank is currently leading in special interest rates when customers deposit money at the counter, with 9.5% for a term of 12-13 months. However, the condition to receive this interest rate is that customers must have a minimum deposit balance of VND 2,000 billion.

Next is HDBank with a particularly high interest rate, up to 8.1%/year for a 13-month term and 7.7% for a 12-month term, with a minimum balance of VND500 billion. This bank also applies a 6% interest rate for an 18-month term.

MSB applies interest rates for deposits at the counter up to 8%/year for a 13-month term and 7% for a 12-month term. The applicable conditions are that the savings book is newly opened or the savings book is opened from January 1, 2018, automatically renewed with a term of 12 months, 13 months and the deposit amount is from 500 billion VND.

Dong A Bank has a deposit interest rate of 13 months or more, with the final interest rate applied to deposits of 200 billion VND or more at 7.5%/year. This bank also applies an interest rate of 6.1% for a 24-month term.

Bac A Bank applies an interest rate of 6.35% for a 24-month term, applicable to deposits over 1 billion VND. In addition, an interest rate of over 6%/year is also being listed by some banks for long-term deposits but without a minimum deposit requirement.

Currently, Cake by VPBank applies an interest rate of 6.1% for a 12-month term; OceanBank applies an interest rate of 6.1% for a 24-month term; ABBank applies an interest rate of 6.3% for a 24-month term.

BVBank and Cake by VPBank also apply an interest rate of 6% for 24-month and 12-month terms; VRB and Dong A Bank apply an interest rate of 6% for 24-month terms; SaigonBank applies an interest rate of 6% for 13, 18 and 24-month terms, and 6.1% for 36-month terms.

Statistics of banks with the highest savings interest rates today:

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