According to Lao Dong, on November 8, two banks, MB and VIB, increased their deposit interest rates after a long period of maintaining stability.
Military Commercial Joint Stock Bank (MB) increased interest rates in online deposits. The new interest rate schedule is listed as follows:
1-month interest rate increased by 0.2 percentage points, at 3.5%/year.
3-month interest rate increased by 0.2 percentage points, at 3.9%/year;
5-month interest rate increased by 0.1 percentage point, at 3.8%/year;
6-month interest rate increased by 0.1 percentage point, to 4.5%/year;
12-month interest rate remains at 5.1%/year.
24-month interest rate remains at 5.9%/year.
On the same day, Vietnam International Commercial Joint Stock Bank (VIB) also increased interest rates, currently listed as follows.
1-2 month interest rate increased by 0.3 percentage points, reaching 3.5%/year.
3-5 month interest rate increased by 0.3 percentage points, at 3.8%/year.
Interest rate for 6-11 months increased by 0.2 percentage points, at 4.8%/year.
Interest rate for 15-18 months is 5.3%/year.
24-month interest rate increased by 0.2 percentage points, reaching 5.4%/year.
Thus, since the beginning of November, 5 banks have adjusted interest rates up, including VIB, MB, Agribank, Techcombank and ABBank.
Details of deposit interest rates at banks, updated on November 8, 2024
