Which bank offers the highest savings interest rates in Ha Tinh?

The highest interest rate for 18-month term deposits currently offered in Ha Tinh is 5.9% per annum.

The beginning of the year is usually when banks offer attractive policies to attract savings deposits from the public. However, compared to previous years, deposit interest rates at banks are considered unattractive. This has led to a sharp decrease in savings deposits compared to the same period last year.

The top four banks in Ha Tinh province – Agribank , Vietcombank, VietinBank, and BIDV – are currently offering relatively low deposit interest rates compared to the market. Specifically, Agribank Ha Tinh II Branch is listing interest rates of 1.7%/year for a 1-month term, 2%/year for a 3-month term, 3%/year for a 6-month term, and 4.8%/year for a 12-month term. The highest interest rates at this branch are for 24, 25, and 36-month terms, at 4.9%/year.

Customers depositing savings at Agribank Ha Tinh II Branch.

Agribank Ha Tinh II Branch is running a prize-winning savings package called "Welcome to the Year of the Dragon" with 802 prizes (total value nearly 1.2 billion VND), so in the first days of the new year, the number of customers coming to deposit savings at this bank has been quite high.

For Vietcombank Ha Tinh branch, the highest current savings interest rate is 4.7% per year for terms of 12-60 months. In addition, Vietcombank offers interest rates of 1.7% per year for 1-month deposits, 2% per year for 3-month deposits, and 3% per year for 6-month deposits, and so on.

Ms. Nguyen Thi Ngoc Ha, Head of Customer Service Department at Vietcombank Ha Tinh, stated: “The total mobilized capital of the entire branch has reached 13,000 billion VND to date. Currently, the interest rate on deposits is low, so the number of customers depositing savings at the branch has decreased quite significantly compared to the same period in 2023. Nowadays, instead of saving, many people tend to invest in channels such as gold, real estate, and stocks...”

Vietcombank Ha Tinh is currently offering the highest savings deposit interest rate of 4.7% for terms of 12-60 months.

According to our research, commercial joint-stock banks in Ha Tinh province are currently maintaining relatively low deposit interest rates.

At HDBank Ha Tinh, the highest deposit interest rate currently is 5.9%/year for an 18-month term, 5.2%/year for a 13-month term, 5%/year for a 12-month term, and 4.6%/year for a 9-month term...

According to Mr. Nguyen Xuan Lich – Deputy Director of HDBank Ha Tinh: From January 4th to March 4th, 2024, HDBank is implementing the "Opening the New Year with Good Fortune - Prosperous New Year" prize draw savings program. Accordingly, with just 10 million VND and a 1-month term, customers will receive a prize draw code and have the chance to win 1 grand prize of 1 billion VND in cash, 1 first prize of 300 million VND, 3 second prizes (100 million VND each), and 5 third prizes (30 million VND each). Due to low interest rates, although deposit volume at the branch has increased compared to the end of 2023, it has decreased significantly compared to the same period in 2023.

Reportedly, as of December 31, 2023, HDBank Ha Tinh's total mobilized capital reached VND 5,221 billion, and in 2024 the branch aims for a capital mobilization growth of over 10% compared to 2023.

HDBank Ha Tinh offers the highest deposit interest rate of 5.9% per year for a term of 18 months.

At MB Bank Ha Tinh, from January 22, 2024 onwards, the deposit interest rates applied are 5.8%/year for a 24-month term, 5.1%/year for an 18-month term, 4.7%/year for a 12-month term, 3.8%/year for a 6-month term, and 2.8%/year for a 3-month term...

ACB Ha Tinh lists the highest deposit interest rates at 5%/year for deposits of 5 billion VND or more, 4.95%/year for deposits from 1 to 5 billion VND, and 4.9%/year for deposits from 200 million VND to less than 1 billion VND... In addition, ACB is implementing the "An Phuc Loc" savings package specifically for customers aged 50 and above with interest rates of 2.6%/year for 1 month, 2.9%/year for 3 months, 3.9%/year for 6 months, and 4.7%/year for 12 and 18 months.

According to reports, since the beginning of February 2024, 16 banks have reduced deposit interest rates, with some banks cutting rates for the second time since the beginning of the month. Overall, the significant drop in deposit interest rates has significantly reduced the attractiveness of savings deposits in the early days of the new year compared to the same period last year. It has been observed that many customers are now choosing short-term savings deposits to wait and see how the situation develops. Meanwhile, many customers are withdrawing their savings to invest in other channels upon seeing positive signals from the market.

The highest deposit interest rate listed in Ha Tinh is 5.9% per year for a deposit term of 18 months.

Ms. Nguyen Thi Thuy (Tran Phu Ward, Ha Tinh City) said: “Currently, savings interest rates at banks have dropped sharply, so at the beginning of the new year, we only deposited a small amount of money for good luck. My family has decided to monitor the situation and invest in the real estate market when Ha Tinh City and the central areas of some neighboring districts such as Can Loc, Thach Ha... are holding auctions with many land plots in good locations at relatively reasonable prices.”

Truong Phuc

Source: https://baohatinh.vn/kinh-te/lai-suat-gui-tiet-kiem-ngan-hang-nao-cao-nhat-o-ha-tinh/261841.htm