Latest developments in lending interest rates at banks

Compared to July, many banks continued to reduce average lending interest rates in August 2025.

Among them, the average lending interest rate at PGBank decreased the most, down 0.3%/year compared to July. The difference between lending interest rate and average deposit interest rate is 2.63%/year.

The average lending interest rate at TPBank decreased by 0.22%/year with the difference between the lending interest rate and the average deposit interest rate being 1.21%/year.

VIB reduced average lending interest rate by 0.21%/year in August, interest rate difference is 2.31%/year.

In addition, some other banks also decreased such as Sacombank (0.18%/year), BaoViet Bank (0.13%/year), Saigonbank (0.1%/year), BVBank (0.09%/year) andOCB (0.05%/year)...

The three “big guys” in the Big 4 group also reduced their average lending interest rates compared to July, including: BIDV, the average lending interest rate in August was 5.48%/year, a slight decrease of 0.01%/year compared to the previous month. The average interest rate difference between lending and mobilization was 2.51%/year; the interest rate difference after deducting costs related to mobilization and capital use was 1.34%/year.

VietinBank, the average lending interest rate in August of this bank decreased slightly by 0.05%/year to 5.17%/year. The average interest rate difference is 1.86%/year.

Agribank, the average lending interest rate in August was 6.4%/year, down 0.1%/year compared to July. The difference between the average lending interest rate and the mobilization interest rate was 2.62%/year; the difference in interest rate after deducting costs related to mobilization and capital use was 0.94%/year.

Agribank also announced details of lending interest rates such as: short-term lending interest rate for priority sectors under the direction of the Government and the State Bank (SBV) is 4%/year. The normal short-term lending interest rate is at least 4.8%/year, the normal medium and long-term lending interest rate is at least 5.5%/year.

Vietcombank is one of the banks that recorded an increase in average lending interest rates in August, increasing by 0.34%/year to 5.6%/year. The difference between average lending interest rates and average savings interest rates is 2.7%/year. The difference in interest rates after deducting costs related to capital mobilization and use is 1.1%/year.

In addition, LPBank also increased interest rates by 1.13% per year - leading the average increase in August, with the average interest rate difference between lending and mobilization being 2.62% per year.

GPBank increased the average lending interest rate by 0.53%/year. Vikki Bank is also among the banks that increased the average lending interest rate by 0.37%/year, followed by KienLong Bank with an increase of 0.23%/year, Techcombank with an increase of 0.16%/year...

Average lending interest rates at banks such as Eximbank, ABBank, and SCB remained unchanged compared to last month.

However, the average lending rate, as well as the average savings rate, is not the interest rate applied to each deposit or loan.

According to information from the State Bank of Vietnam, the average lending interest rate in August 2025 of domestic commercial banks for new and old loans with outstanding debt is at 6.5-8.8%/year.

The average short-term lending interest rate in VND for priority sectors is about 3.9%/year, lower than the maximum short-term lending interest rate prescribed by the State Bank of Vietnam (4%/year).

The average VND deposit interest rate of domestic commercial banks is 0.2%/year for demand deposits and deposits with terms of less than 1 month; 3.3-4.1%/year for deposits with terms from 1 month to less than 6 months; 4.6-5.5%/year for deposits with terms from 6 months to 12 months; 4.9-6.1%/year for deposits with terms from over 12 months to 24 months and 6.8-7.3%/year for terms over 24 months.

AVERAGE LOAN INTEREST RATE IN AUGUST 2025 AT BANKS (%/YEAR)
BANK	INTEREST RATE	CHANGE FROM JULY	INTEREST RATE DIFFERENCE BETWEEN LOAN AND DEPOSITS
VIETINBANK	5.17	-0.05	1.86
SCB	5.4	0	3.25
ABBANK	5.45	0	1.61
BIDV	5.48	-0.01	2.51
VIETCOMBANK	5.6	0.34	2.70
AGRIBANK	6.4	-0.1	2.62
ACB	6.53	0.11	2.31
VIB	6.68	-0.21	2.31
TECHCOMBANK	6.97	0.16	2.82
TPBANK	7.03	-0.22	1.21
EXIMBANK	7.03	0	1.82
MB	7.04	0.09	3.12
SACOMBANK	7.07	-0.18	2.48
PGBANK	7.22	-0.3	2.63
SEABANK	7.22	0.15	1.93
BAOVIETBANK	7.38	-0.13	4.21
MBV	7.52	0.07	2.52
GPBANK	7.53	0.53	2.14
LPBANK	7.69	1.13	2.62
OCB	7.81	-0.05	3.67
VIKKI BANK	8.33	0.37	3.21
PVCOMBANK	8.39	0.1	2.45
KIENLONGBANK	8.4	0.23	2.69
BVBANK	8.48	-0.09	3.82
VIET A BANK	8.55	0.03	3.10
BAC A BANK	8.66	0.05	3.31
SAIGONBANK	8.8	-0.1	3.8