Vietnam Public Commercial Joint Stock Bank (PVComBank) has just become the next bank to increase deposit interest rates.
According to the latest online deposit interest rate table, PVComBank increased the interest rate on deposits for terms from 1-5 months by 0.3 percentage points to 3.15%/year.
The bank’s online deposit interest rate for a term of 18-36 months was also increased by 0.2 percentage points, currently listed at 5.3%/year.
PVComBank maintains the deposit interest rate for the remaining terms, 6-11 month terms have an interest rate of 4.3%/year and 12 month terms have an interest rate of 4.3%/year. interest rate 4.8%/year.
Online deposit interest rates at PVComBank are 0.3 percentage points higher than over-the-counter deposit interest rates.
PVComBank still maintains the “special interest rate” at 9.5%/year, the second highest level in the market, only after the interest rate of 9.65%/year at ABBank, applicable to deposit accounts from 2,000 VND. billion VND or more, term 12-13 months. While depositing at regular counters, the interest rate at these terms is only 4.5 – 4.7%/year.
Also today, Ban Viet Commercial Joint Stock Bank (BVBank) adjusted to increase deposit interest rates for terms of 3 months, 6 months and 12 months.
BVBank’s online deposit interest rate table today shows that the 3-month deposit interest rate has increased by 0.05 percentage points, to 3.1%/year. The 6-month deposit interest rate also increased by 0.05 percentage points, to 4.1%/year.
The 12-month term deposit interest rate was also adjusted to a similar level to 4.7%/year.
Online deposit interest rates for the remaining terms remain unchanged. 1-2 month terms are 2.85-2.95%/year respectively, 4-5 month terms are 3.15-3.25%/year respectively.
Bank interest rate 7-month term is listed by BVBank at 4.15%/year, 8-month term is 4.25%/year and 9-month term is 4.35%/year.
An interest rate of 4.45% is being listed for a 10-month deposit term, while the 11-month deposit interest rate is 4.55%/year.
There are currently 3 deposit terms listed by BVBank at interest rates of over 5%/year – the highest deposit interest rate at this bank. The 15-month term has an interest rate of 5.05%/year, the 18-month term has an interest rate of 5.25%/year and the 24-month term has the highest interest rate of 5.35%/year.
In the opposite direction, deposit interest rates at VietinBank turned down this morning, after suddenly increasing 0.2 percentage points in deposit interest rates for terms of 1-5 months and 24-36 months on April 16. .
A 0.1 percentage point reduction in interest rates is applied by VietinBank for deposit terms from 1 to 11 months.
Accordingly, the interest rate for 1-2 month terms is 1.8%/year, 3-5 month terms is 2.1%/year and 6-11 month terms is down to 3.1%/year.
VietinBank keeps the deposit interest rates unchanged for terms: 12-18 month term 4.7%/year, 24-36 month term 5%/year.
After adjustment, the deposit interest rate at VietinBank is on par with BIDV, and slightly higher than Vietcombank and Agribank for terms of 1-11 months.
Besides VietinBank, PVComBank and BVBank, deposit interest rates at the remaining banks remained unchanged.
| HIGHEST DEPOSITS INTEREST RATE SCHEDULE ON APRIL 24 (%/YEAR) | ||||||
| BANK | 1 MONTH | 3 MONTHS | 6 MONTHS | 9 MONTHS | 12 MONTHS | 18 MONTHS |
| OCB | 3 | 3.2 | 4,6 | 4.7 | 4.9 | 5.4 |
| HDBANK | 2.95 | 2.95 | 4,6 | 4.4 | 5 | 5.9 |
| VIETBANK | 3 | 3,4 | 4.5 | 4.7 | 5.2 | 5.8 |
| NCB | 3.2 | 3.5 | 4.45 | 4.65 | 5 | 5.5 |
| KIENLONGBANK | 3 | 3 | 4.4 | 4.8 | 5 | 5.5 |
| BAC A BANK | 2.95 | 3.15 | 4.35 | 4.45 | 4.85 | 5.25 |
| NAM A BANK | 2.7 | 3,4 | 4,3 | 4.7 | 5.1 | 5.5 |
| BAOVIETBANK | 3 | 3.25 | 4,3 | 4.4 | 4.7 | 5.5 |
| VIET A BANK | 2.9 | 3.2 | 4,3 | 4,3 | 4.8 | 5.1 |
| PVCOMBANK | 3.15 | 3.15 | 4,3 | 4,3 | 4.8 | 5.3 |
| ABBANK | 2.9 | 3 | 4,3 | 4.1 | 4.1 | 4.1 |
| SHB | 2.8 | 3 | 4.2 | 4.4 | 4.9 | 5.2 |
| VPBANK | 2.7 | 3 | 4.2 | 4.2 | 4.8 | 4.8 |
| GPBANK | 2.5 | 3.02 | 4.15 | 4.4 | 4.85 | 4.95 |
| EXIMBANK | 3 | 3.3 | 4.1 | 4.1 | 4.9 | 5.1 |
| MSB | 3.5 | 3.5 | 4.1 | 4.1 | 4.5 | 4.5 |
| BVBANK | 2.85 | 3.1 | 4.1 | 4.35 | 4.7 | 5.25 |
| LPBANK | 2.6 | 2.7 | 4 | 4.1 | 5 | 5,6 |
| VIB | 2.5 | 2.7 | 4 | 4 | 4.8 | |
| DONG A BANK | 2.8 | 3 | 4 | 4.2 | 4.5 | 4.7 |
| CBBANK | 3.1 | 3.3 | 4 | 3.95 | 4.15 | 4.4 |
| OCEANBANK | 2.9 | 3.2 | 4 | 4.1 | 5.4 | 5.9 |
| SAIGONBANK | 2,3 | 2.5 | 3.8 | 4.1 | 5 | 5,6 |
| PGBANK | 2.6 | 3 | 3.8 | 3.8 | 4,3 | 4.8 |
| TPBANK | 2.5 | 2.8 | 3.8 | 4.7 | 5 | |
| SACOMBANK | 2,3 | 2.7 | 3.7 | 3.8 | 4.7 | 4.9 |
| MB | 2,2 | 2.6 | 3.6 | 3.7 | 4,6 | 4.7 |
| TECHCOMBANK | 2.25 | 2.55 | 3.55 | 3.55 | 4.45 | 4.45 |
| ACB | 2,3 | 2.7 | 3.5 | 3.8 | 4.5 | |
| SEABANK | 2.7 | 2.9 | 3.2 | 3,4 | 3.75 | 4,6 |
| VIETINBANK | 1.8 | 2,1 | 3.1 | 3.1 | 4.7 | 4.7 |
| BIDV | 1.8 | 2,1 | 3.1 | 3.1 | 4.7 | 4.7 |
| AGRIBANK | 1.6 | 1.9 | 3 | 3 | 4.7 | 4.7 |
| VIETCOMBANK | 1.6 | 1.9 | 2.9 | 2.9 | 4,6 | 4,6 |
| SCB | 1.6 | 1.9 | 2.9 | 2.9 | 3.7 | 3.9 |
Since the beginning of April until now, a series of banks have increased deposit interest rates including: HDBank, MSB, Eximbank, NCB, VPBank, KienLong Bank, VietinBank, Bac A Bank, GPBank, OceanBank, BVBank, PVComBank.
In particular, VPBank is the first bank to increase interest rates for the second time in a month. Previously, VPBank, Eximbank, SHB, Saigonbank increased interest rates from the end of March 2024.
NCB Bank and Eximbank adjusted interest rates to increase for some terms in parallel with downward adjustments for the remaining terms.
The list of banks reducing deposit interest rates since the beginning of the month includes: Vietcombank, PGBank, SCB, Techcombank, ABBank, Dong A Bank, Viet A Bank, Eximbank, Nam A Bank, NCB, VIB, VietinBank. In particular, SCB twice adjusted to reduce deposit interest rates.
