Techcombank adjusted interest rates for the third time this month
As noted by Lao Dong, on March 23.3, Vietnam Technological and Commercial Joint Stock Bank (Techcombank) listed new interest rates, reducing 0,1-0,2 percentage points for short terms. This new interest rate is applicable from March 25.3.
The over-the-counter deposit interest rate schedule, with deposits less than 1 billion VND, is listed by Techcombank as follows:
The 1-month over-the-counter deposit interest rate decreased by 0,1% to 2,15%/year.
The 3-month over-the-counter deposit interest rate is 2,45%/year
The 6-month over-the-counter deposit interest rate is 3,45%/year.
The 9-month over-the-counter deposit interest rate is 3,5%/year.
Over-the-counter deposit interest rates for terms greater than 12 months are 4,45%/year.
The online deposit interest rate schedule, with deposits less than 1 billion VND, is listed by Techcombank as follows:
The 1-month online deposit interest rate decreased by 0,2% to 2,25%/year.
The 3-month online deposit interest rate is 2,55%/year
The 6-month online deposit interest rate is 3,65%/year.
The 9-month online deposit interest rate is 3,7%/year.
Online deposit interest rates for terms greater than 12 months are 4,55%/year.
The trend of reducing interest rates continues
From the beginning of March 3.2024 until now, the market has recorded 23 banks adjusting deposit interest rates, including: BVBank, PGBank, ACB, BaoVietBank, VPBank, GPBank, PVcombank and Dong A Bank, MB, Techcombank, NCB, KienlongBank, SCB , Saigonbank, BIDV, TPBank, OceanBank, CBBank, Eximbank, ABBank, Sacombank, SeABank.
The general trend at banks is still to lower interest rates, mostly for the main terms of 6, 9, 12 months...
Notably, BaoVietBank, BVBank, PGBank and ACB have decreased 2 times since the beginning of the month, Techcombank decreased 3 times.
However, there are still banks that "went against the tide" when deciding to increase interest rates, including Eximbank and Saigonbank with significant increases.
