Among the more than 30 popular banks today, the 12-month deposit interest rate at Saigon Bank (SCB) is only 3.7%/year, applied to individual customers depositing directly at the counter and online.
Applying an interest rate higher than 0.7% is Asia Commercial Joint Stock Bank (ACB). Currently, this bank is announcing a 12-month deposit interest rate for individual customers depositing directly at the counter at 4.4%.
Among state-owned commercial banks, Vietcombank is listing the lowest 12-month savings interest rate at 4.6% for individual customers depositing at the counter.
Techcombank is the next bank to apply a counter deposit interest rate of less than 5% for individual customers. Currently, Vietnam Technological and Commercial Joint Stock Bank (Techcombank) is listing the interest rate for savings deposits at 4.65%.
simultaneously listing the 12-month savings interest rate at the counter at 4.7%, which are the remaining banks in the state-owned commercial banking system, including: VietinBank, BIDV, Agribank.
Next, PVcomBank listed 12-month interest rates at 4.8% when customers transacted at the counter. Meanwhile, with a minimum deposit of VND 2,000 billion, PVcomBank's interest rate is anchored at the highest in the market, up to 9% for a 12-month term.
MBBank is currently listing a 12-month term interest rate 0.5% higher when customers directly transact at the counter (4.85%) with an amount of less than 1 billion VND. Exceeding the prescribed threshold of 1 billion VND, the 12-month term interest rate will be 4.9%.
Finally, there is the Export-Import Commercial Joint Stock Bank of Vietnam (Eximbank) with an interest rate of 4.9% for a 12-month term when customers need to deposit savings at the counter.
