Surprised by unpredictable fluctuations

Interest rate fluctuations 16.8: Surprise with unpredictable fluctuations. Photo design: Huyen Mai.

Interest rates fall for second day in a row

According to Lao Dong, on August 16, Orient Commercial Joint Stock Bank ( OCB ) issued a new interest rate schedule, recording a decrease in long-term terms. Previously, OCB was one of the banks listing an interest rate of 6.0%/year - the leading interest rate in the market up to now.

OCB's online savings interest rates are currently listed as follows:

1-month term interest rate is 3.7%/year.

3-month term interest rate is 3.9%/year.

6-month term interest rate is 4.9%/year.

9-month term interest rate at 5.0%/year.

12-month term interest rate is 5.2%/year.

18-month term interest rate at 5.4%/year.

36-month term interest rate decreased by 0.2 percentage points, down to 5.8%/year.

Latest savings interest rate table at OCB. Screenshot

Currently, there are 7 remaining banks on the market listing interest rates above 6.0%/year including: ABBank, HDBank, NCB, OceanBank, SHB , BaoVietBank, BVBank.

Since the beginning of August, 4 banks have reduced interest rates, mostly for terms greater than 12 months, including: ABBank, SeABank, Bac A Bank and OCB.

(See more high interest rates HERE)

Details of deposit interest rates at banks, updated on August 16, 2024

Source: https://laodong.vn/kinh-doanh/bien-dong-lai-suat-168-bat-ngo-voi-bien-dong-kho-luong-1380682.ldo