Interest rates fluctuate sharply after the race to raise interest rates

Highest interest rate for 1-3 month term

According to Lao Dong, as of May 25, at a 1-month term, the highest deposit interest rate currently belongs to MSB and Bac A Bank with an interest rate of 3.7%/year.

NCB recently jumped to second place in this term with an interest rate of 3.6%/year.

Following that are CBB, OceanBank, Eximbank, OCB currently keeping interest rates at 3.5%/year.

For a 3-month term, the highest interest rate is 3.9%/year currently listed by Bac A Bank, NCB.

The next highest interest rate is 3.8%/year, appearing at three banks: Nam A Bank, Oceanbank, Eximbank.

Following is the interest rate of 3.7%/year belonging to MSB and OCB.

Highest interest rate for 6-9 month term

For the 6-month term, NCB recently increased interest rates and jumped to the top with an interest rate of 5.25%/year.

Followed by CBBank with interest rate of 5.15%/year.

Bac A Bank currently pays 5.1% interest per year for this term.

For a 9-month term, the highest interest rate is 5.45%/year at NCB, followed by 5.2%/year, currently listed by Bac A Bank and GPBank.

CBBank currently lists an interest rate of 5.1%/year for this term.

Highest interest rate for 12-18-36 month terms

For the 12-month term, GPBank jumped to the top after increasing interest rates, listing an interest rate of 5.75%/year for this term.

Following is Bac A Bank, currently paying interest of 5.7%/year. Next are ABBank, NCB with interest of 5.6%/year; Oceanbank, MSB, Nam A Bank with interest of 5.4%/year.

At the 18-month term, there are currently 3 banks leading with an interest rate of 6.1%/year: NCB, HDBank and OceanBank. Following are BaovietBank with an interest rate of 5.9%/year and GPBank with an interest rate of 5.85%/year.

For the 36-month term, the two leading banks are also the only two banks listing interest rates above 6.0%/year for this term. OceanBank currently lists an interest rate of 6.1%/year for the 36-month term, OCB lists an interest rate of 6.0%/year.

Details of deposit interest rates at banks, updated on June 25, 2024