On July 21st, Eximbank was leading the market in online deposit interest rates, with the highest listed rate for a 3-month term at 4.7%/year. Other banks offering high 3-month interest rates included VCBNeo at 4.55%/year, MBV and VietBank (4.4%/year); BaoVietBank and Vikki Bank (4.35%/year); NCB (4.2%/year); BVBank (4.15%/year); Bac A Bank and OCB (4.1%/year); GPBank (4.05%/year); Nam A Bank and Viet A Bank (4%/year).
Notably, Vietnam Foreign Trade Digital Technology Bank (VCBNeo) joined the list of banks adjusting interest rates upwards since the beginning of July, following Techcombank , VPBank, and Bac A Bank. Accordingly, online deposits with terms from 1 month to 7 months at VCBNeo increased uniformly by 0.2%/year.
Specifically, online deposit interest rates for 1-month and 2-month terms have increased to 4.35%/year, the 5-month term has been adjusted up to 4.7%/year; and the 6-7 month term has increased to 5.6%/year. Subsequent terms remain unchanged, with the highest rate for online deposits being 5.55%/year for terms from 13 months to 60 months.
As usual, along with preferential interest rates for customers using online savings services, banks are also implementing preferential policies for groups of customers with large balances under specific conditions. For example, PVcomBank applies an interest rate of up to 9%/year for a 12-month term when depositing at the counter with a minimum amount of 2,000 billion VND.
HDBank offers an interest rate of 7.70% per annum for a 12-month term, applicable to customers maintaining a balance of VND 500 billion or more. MSB applies an interest rate of 7% per annum for customers who opened savings accounts from 2018, provided they deposit VND 500 billion or more.
DongA Bank is offering an interest rate of 7.50% per year for terms of 13 months or more, with a minimum deposit of 200 billion VND. Bac A Bank also has a program offering an interest rate of 6.35% per year for a 24-month term, applicable to customers depositing from 1 billion VND.
At state-owned banks such as Agribank, Vietcombank, BIDV, and VietinBank, interest rates range from 1.6% to 4.8% per year for end-of-term interest payments, applicable at the counter for individual customers with terms of 1-36 months.
Notably, Agribank continues to lead in many terms, such as an interest rate of 2.1%/year for 1-2 month terms, while the other three banks offer 1.6%/year.
For terms of 3-5 months, Agribank lists an interest rate of 2.4%/year, significantly higher than the 1.9%/year offered by VietinBank, Vietcombank, and BIDV; for terms of 6 to 11 months, Agribank also leads with 3.5%/year, exceeding the 2.9-3%/year offered by other banks.
For the 12-month term, Agribank, VietinBank, and BIDV apply an interest rate of 4.7%/year, while Vietcombank lists 4.6%/year. For terms of 24 months or more, Vietcombank announces an interest rate of 4.7%/year, while BIDV, VietinBank, and Agribank all maintain a rate of 4.8%/year.
According to the results of the Q3 2025 business trend survey of credit institutions published by the State Bank of Vietnam, the liquidity situation is projected to continue improving in Q3 and throughout 2025 compared to 2024. The expected improvement in 2025 is higher than in the previous survey but still lower than the improvement assessed for 2024.
Source: https://hanoimoi.vn/huy-dong-truc-tuyen-and-large-deposit-units-continue-to-receive-high-interest-rates-709837.html
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