Which term offers the highest interest rate?

According to the survey, no bank has yet reduced deposit interest rates.

Currently, all banks are lowering deposit interest rates to below 6% per year for deposits with terms of 6-12 months.

Seven banks maintained deposit interest rates of 6% per year for a 15-month term.

Fourteen banks still maintain interest rates of 6% for 18-month term deposits. Fifteen banks maintain this interest rate for terms of 24-36 months.

Specifically, HDBank offers interest rates of up to 6.5% per year for deposits with a term of 18 months.

A few banks are applying a rate of 6.4%, including HDBank (15-month term), LPBank (24-36 month term), and OCB (36-month term).

Since the beginning of November, 26 banks have reduced deposit interest rates, including Sacombank, NCB, VIB, BaoVietBank, Nam A Bank, VPBank, VietBank,SHB , Techcombank, Bac A Bank, KienLongBank, ACB, Dong A Bank, PG Bank, PVCombank, VietA Bank, SCB, Eximbank, OceanBank, BVBank, OCB, TPBank, CBBank, HDBank, SeABank, and GPBank.

Among them, VietBank, Dong A Bank, VIB, NCB, and Techcombank are the banks that have reduced interest rates twice this November.

Conversely, VIB, OCB, and BIDV are the banks that have increased deposit interest rates since the beginning of the month. OCB increased interest rates for terms from 18-36 months. Meanwhile, BIDV increased interest rates for terms from 6-36 months, and VIB increased interest rates for deposits with terms from 2-5 months.

The State Bank of Vietnam (SBV) suspended the issuance of new treasury bills throughout the past week, and 55.9 trillion VND of previously issued treasury bills have matured. The amount of outstanding treasury bills has decreased from its peak of 255.699 trillion VND in October to 98.750 trillion VND.

According to BVSC, with the exchange rate pressure on the VND no longer significant, the State Bank of Vietnam will continue to allow treasury bills to mature in the near future without issuing more to neutralize the pressure.

TABLE OF HIGHEST DEPOSIT INTEREST RATES ON NOVEMBER 22 (%/year)
BANK	1 MONTH	3 MONTHS	6 MONTHS	9 MONTHS	12 MONTHS	18 MONTHS
HDBANK	3.85	3.85	5.7	5.5	5.9	6.5
PVCOMBANK	3.65	3.65	5,6	5,6	5.7	6
OCEANBANK	4.3	4.5	5.5	5,6	5.8	5.8
BAOVIETBANK	4.4	4.75	5.5	5,6	5.9	6.2
VIETBANK	3.8	4	5.4	5.5	5.8	6.2
KIENLONGBANK	4.55	4.75	5.4	5,6	5.7	6.2
VIET A BANK	4.4	4.4	5.4	5.4	5.7	6.1
BAC A BANK	4.35	4.35	5.4	5.5	5,6	5.95
NCB	4.25	4.25	5.35	5.45	5.7	6
GPBank	4.05	4.05	5.25	5.35	5.45	5.55
BVBANK	4	4.15	5.25	5.4	5.5	5.55
OCB	3.8	4.1	5.2	5.3	5.5	6.2
SHB	3.5	3.8	5.2	5.4	5,6	6.1
SAIGONBANK	3.4	3.6	5.2	5.4	5,6	5,6
LPBANK	3.8	4	5.1	5.2	5,6	6
CBBANK	4.2	4.3	5.1	5.2	5.4	5.5
MB	3.5	3.8	5.1	5.2	5.4	6.1
VIB	3.8	4	5.1	5.2		5,6
MSB	3.8	3.8	5	5.4	5.5	6.2
EXIMBANK	3.6	3.9	5	5.3	5,6	5.7
SACOMBANK	3.6	3.8	5	5.3	5,6	5.75
VPBANK	3.7	3.8	5	5	5.3	5.1
SCB	3.75	3.95	4.95	5.05	5.45	5.45
PG BANK	3.4	3.6	4.9	5.3	5.4	6.2
NAMA BANK	3.6	4.2	4.9	5.2	5.7	6.1
DONG A BANK	3.9	3.9	4.9	5.1	5.4	5,6
ABBANK	3.7	4	4.9	4.9	4.7	4.4
TPBANK	3.6	3.8	4.8		5.35	5.7
TECHCOMBANK	3.55	3.75	4.75	4.8	5.15	5.15
AGRIBANK	3.4	3.85	4.7	4.7	5.5	5.5
MB	3.2	3.5	4.6	4.6	5.5	5.5
VIETINBANK	3.4	3.75	4.6	4.6	5.3	5.3
SEABANK	3.8	4	4.6	4.75	5.1	5.1
ACB	3.3	3.5	4.6	4.65	4.7
VIETCOMBANK	2.6	2.9	3.9	3.9	5	5

Source: https://vietnamnet.vn/lai-suat-ngan-hang-ngay-22-11-2023-ky-han-nao-lai-cao-nhat-2217666.html