Agribank, BIDV, VietinBank, and Vietcombank all simultaneously increased interest rates.

(Dan Tri Newspaper) - Four major banks have simultaneously increased deposit interest rates at their counters across all maturities, bringing the highest interest rate for 12-24 month deposits to 5.2-5.3% per year.

On December 16th, the group of state-owned commercial banks including Agribank , BIDV, VietinBank, and Vietcombank simultaneously adjusted and increased deposit interest rates at the counter across all maturities, from short-term to medium and long-term.

In the short-term deposit group, interest rates were adjusted upwards quite significantly, although the increase varied among banks. Specifically, the 1-month interest rate at Agribank increased by 0.3%, from 2.1%/year to 2.4%/year, continuing to lead the group. Meanwhile, Vietcombank, VietinBank, and BIDV all increased by more than 0.5%, from 1.6%/year to 2.1%/year.

Similar trends were observed for the 3-month term. Agribank adjusted its interest rate from 2.4%/year to 2.7%/year, while Vietcombank , VietinBank, and BIDV all raised it from 1.9%/year to 2.4%/year. The increase for this term was generally between 0.3% and 0.5%.

For medium-term maturities of 6 to 9 months, the adjustments were more significant compared to short-term maturities. For the 6-month term, Agribank's interest rate increased from 3.5%/year to 3.8%/year; Vietcombank raised it from 2.9%/year to 3.5%/year, while VietinBank and BIDV both adjusted from 3%/year to 3.5%/year. For the 9-month term, Agribank applied a rate of 3.8%/year, while the other three banks all offered 3.5%/year.

Bank	1 month	3 months	6 months	12 months	24 months
Agribank	2.4	2.7	3.8	5.2	5.3
MB	2.1	2.4	3.5	5.2	5.3
VietinBank	2.1	2.4	3.5	5.2	5.3
Vietcombank	2.1	2.4	3.5	5.2	5.3

Interest rate table of banks (unit: %/year)

Long-term deposit rates saw the strongest increases, commonly ranging from 0.5% to 0.6%. For 12-month deposits, Agribank raised its interest rate from 4.7%/year to 5.2%/year; Vietcombank, VietinBank, and BIDV also simultaneously adjusted their rates from 4.6-4.7%/year to 5.2%/year, bringing the 12-month deposit interest rates at the counters of state-owned banks to a unified level.

The upward trend continues for the 24-month term. Agribank raised its interest rate from 4.8%/year to 5.3%/year, while Vietcombank, VietinBank, and BIDV all increased their rates from 4.7-4.8%/year to 5.3%/year. This is currently the highest interest rate in the over-the-counter deposit rate schedule of state-owned banks after the adjustment.

Cash transactions at the bank (Photo: Tien Tuan).

Previously, VietinBank and BIDV also adjusted deposit interest rates, with increases ranging from 0.1-0.7% per year across various maturities. However, despite raising interest rates across all maturities, the deposit interest rates of the four state-owned banks remain among the lowest in the system.

Meanwhile, many joint-stock commercial banks continue to maintain higher interest rates, especially for medium and long-term maturities, in order to attract idle funds from the public.

Since the beginning of December, the market has seen 20 banks increase deposit interest rates, including Techcombank, MB, NCB, BVBank, Saigonbank, ACB, Bac A Bank, OCB, KienlongBank, Sacombank, SHB, PGBank, VIB, Vikki Bank, VCBNeo, BIDV, VPBank, PVCombank, Vietcombank, and Agribank. Of these, NCB, VPBank, Techcombank, BIDV, and VietinBank have adjusted their interest rates twice.

Source: https://dantri.com.vn/kinh-doanh/agribank-bidv-vietinbank-vietcombank-dong-loat-tang-lai-suat-20251216145119012.htm