Bank interest rates today: Massive savings interest payments from 7%

Mai Ánh |

Bank interest rates on January 18: Interest rates continuously increased in the first month of the year, the market currently has 4 banks with interest rates above 7%.

Interest rates will increase slightly and remain stable

Lai suat ngan hang cao nhat hien nay, cap nhat ngay 18.1.2025
Highest bank interest rates today, updated on January 18, 2025.

Vietcombank Securities Company (VCBS) predicts that interest rates for medium and long-term deposits will increase slightly by 0.2 - 0.3 percentage points by the end of 2024, then remain stable in 2025. Lending interest rates are expected to increase by 0.5 - 0.7% as credit demand increases thanks to economic recovery, especially when businesses begin to expand production and business activities after the period affected by the pandemic.

Deposit interest rates at banks have started to increase slightly since mid-2024 and this trend has spread to longer terms. However, the differentiation between banking groups is quite clear. Small banks often apply interest rates 1% to 3% higher than large banks for the same term. Currently, the highest deposit interest rates are concentrated on 12- and 18-month terms, exceeding 6%/year at some banks.

In addition, the USD - VND exchange rate has remained high since the end of October last year, fluctuating around 25,400 VND/USD, putting pressure on interest rates. According to experts' forecasts, the average deposit interest rate may increase by about 0.5% in 2025, from the current 5.2% to about 5.7%. However, this increase is not expected to have too much of an impact on lending rates.

VCBS believes that the State Bank will continue to maintain a flexible monetary policy to support economic growth while controlling inflation well. Factors such as fiscal policy, fluctuating raw material prices, and the speed of global economic recovery will be the main factors affecting interest rates in 2025.

The government also plans to adopt support policies to minimize the negative impacts of rising interest rates, especially on the manufacturing and export sectors.

A series of banks compete to pay deposit interest from 7%/year?

According to Lao Dong, with a special interest rate, the highest in the market is the interest rate of 9.0%/year listed at PVcomBank. PVcomBank customers will enjoy a special interest rate of 9.0%/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.

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.

In addition, lower savings rates, from 7.0%/year, are also listed at many banks.

Mai Ánh
TIN LIÊN QUAN

Bank interest rates today: Continuously increasing sharply

|

Interest rates on January 17: The market recorded another bank sharply increasing interest rates, where is the best place to deposit money right now?

Bank interest rates today: 17 banks pay interest from 6%

|

Interest rates on January 16: The market records that many banks are currently listing interest rates from 6.0%/year, where should you deposit money to receive the highest interest?

Bank interest rates today: Continuously increasing

|

Bank interest rates on January 15: The market recorded banks increasing interest rates many times in a row this month.

Hoai Duc District responds to illegal factory construction on agricultural land

|

The People's Committee of Hoai Duc district has just issued Official Letter No. 547 to Lao Dong Newspaper to respond to the case of illegal construction of houses and factories on agricultural land.

Hung Vuong Cup 2025 has no limit on foreign players, creating great attraction

|

The Hung Vuong Cup 2025 does not limit the number of foreign players on the field, creating many expectations for professional quality. Sports perspective No. 209 commented further on this issue.

A project abandoned for many years in Long Bien has resumed operations

|

Hanoi - The wastewater treatment plant of Viet Hung Urban Area (Viet Hung, Long Bien) has resumed operations after many years of "lying still".

Vietnam responds to the US announcement of counterpart tariffs

|

Vietnam regrets that the US announced the decision to apply counterpart tariffs on Vietnam's exports to the US.

Revealing that Vietnamese enterprises are behind the plan to exploit 4.6 tons of gold

|

A company under the Vietnam National Coal and Mineral Industries Group (TKV) aims to exploit more than 4.6 tons of gold in the years 2026 - 2030.

Bank interest rates today: Continuously increasing sharply

Mai Ánh |

Interest rates on January 17: The market recorded another bank sharply increasing interest rates, where is the best place to deposit money right now?

Bank interest rates today: 17 banks pay interest from 6%

Mai Ánh |

Interest rates on January 16: The market records that many banks are currently listing interest rates from 6.0%/year, where should you deposit money to receive the highest interest?

Bank interest rates today: Continuously increasing

Huyền Mai |

Bank interest rates on January 15: The market recorded banks increasing interest rates many times in a row this month.