Bank interest rates on December 12: BIDV joins the race to raise interest rates.

The deposit interest rate market on December 12, 2025, witnessed several notable fluctuations as the Vietnam Investment and Development Bank ( BIDV ), one of the four largest banks in the system, officially adjusted its deposit interest rates upwards. Along with BIDV, VPBank, VIB, Vikki Bank, and VCBNeo also updated their interest rate schedules, bringing the total number of banks that have increased interest rates since the beginning of December to 17.

Bank interest rates are changing as many banks adjust their rates.

BIDV significantly increases interest rates after more than a year.

This is BIDV's first adjustment to deposit interest rates since July 2024. According to the newly published interest rate schedule, terms of 1-5 months increased by 0.6%/year, and terms of 6-11 months increased by 0.7%/year. Longer terms from 13-36 months were adjusted up by 0.1%/year, while the 12-month term remained unchanged.

BIDV's new online savings interest rate schedule is listed as follows:

Term 1-2 months: 2.6%/year
Term 3-5 months: 2.9%/year
Term of 6-11 months: 4.0%/year
12-month term: 4.7%/year
Term of 13-18 months: 4.8%/year
Term of 24-36 months: 5.0%/year

Prior to BIDV, another bank in the Big4 group, VietinBank, also increased interest rates at the end of November. However, the group of four state-owned banks still maintains the lowest deposit interest rates in the market.

The private banking sector continues to compete.

In contrast to the Big4 banks, private commercial banks have made significant adjustments over the past three months. VPBank changed its interest rate schedule twice in just one week, raising interest rates for 1-5 month terms to 4.75%/year. Interest rates for 6-36 month terms at VPBank remained at 6.0%/year.

VIB also aggressively increased interest rates by 0.65%/year for the 2-month term, reaching a ceiling of 4.75%/year. Notably, the interest rate for the 12-month term at VIB surged by 1%/year, reaching 6.5%/year, which is also the highest rate at this bank.

The group of banks that are required to transfer ownership leads the market.

Vikki Bank and VCBNeo, two banks subject to mandatory transfer, continue to lead the interest rate race. Vikki Bank increased its 6-month deposit interest rate by 0.4%/year, to 6.5%/year, the highest rate in the market for this term. Interest rates for 12- and 13-month terms were also raised to 6.6% and 6.7%/year respectively. In addition, Vikki Bank increased its special interest rate to 8.4%/year for deposits of 999 billion VND or more.

Meanwhile, VCBNeo has listed deposit interest rates for terms of 1-5 months at the ceiling of 4.75%/year. The highest interest rate at this bank is 6.2%/year for terms from 12-60 months.

Online deposit interest rate table for reference as of December 12, 2025 (%/year)

BANK	1 MONTH	3 MONTHS	6 MONTHS	9 MONTHS	12 MONTHS	18 MONTHS
AGRIBANK	2.4	3	3.7	3.7	4.8	4.8
MB	2.6	2.9	4	4	4.7	4.8
VIETINBANK	2.4	2.8	3.9	3.9	4.7	4.7
VIETCOMBANK	1.6	1.9	2.9	2.9	4.6	4.6
ABBANK	3.1	3.8	5.3	5.4	5,6	5.4
ACB	3.6	4	4.7	4.8	5.4
BAC A BANK	4.55	4.55	6.5	6.5	6.55	6,7
BAOVIETBANK	4.5	4.65	5.65	5.5	5.8	5.9
BVBANK	4.4	4.7	5.5	5.7	5.8	5.95
EXIMBANK	4.3	4.5	4.9	4.9	5.2	5.7
GPBank	3.9	4	5.55	5.65	5.85	5.85
HDBANK	4.2	4.3	5.5	5.3	5.8	6.1
KIENLONGBANK	3.9	3.9	5.4	5.1	5.7	5.45
LPBANK	3.9	4.2	5,6	5,6	5.65	5.65
MB	4.5	4.65	5.3	5.3	5.35	5.5
MBV	4.6	4.75	5.7	5.7	6	6
MSB	3.9	3.9	5	5	5,6	5,6
NAM A BANK	4.6	4.75	5.7	5,6	5.7	5.9
NCB	4.5	4.7	6.2	6.25	6.3	6.3
OCB	4.5	4.7	5.8	5.8	5.9	6.1
PGBANK	4.75	4.75	6.5	6.5	6.6	6,7
PVCOMBANK	3.8	4.1	5	5.2	5,6	6.3
SACOMBANK	4.6	4.75	5.3	5.5	5.8	6
SAIGONBANK	3.8	4	5	5.1	5.8	6
SCB	1.6	1.9	2.9	2.9	3.7	3.9
SEABANK	2.95	3.45	3.95	4.15	4.7	5.45
SHB	4.2	4.65	5.85	5.85	5.95	5.95
TECHCOMBANK	4.35	4.65	5.85	5.85	5.95	5.95
TPBANK	3.9	4.2	5.1	5.3	5.5	5.7
VCBNEO	4.75	4.75	6.2	5.45	6.2	6.2
VIB	4	4.75	5.3	5.3	6.5	5.5
VIET A BANK	3.7	4	5.1	5.3	5,6	5.8
VIETBANK	4.1	4.4	5.4	5.4	5.8	5.9
VIKKI BANK	4.7	4.7	6.5	6.5	6.6	6,7
VPBANK	4.75	4.75	6	6	6	6