Bank interest rates today April 22, 2025: Strange developments...

Saigon Thuong Tin Commercial Joint Stock Bank ( Sacombank ) and Saigon Commercial Joint Stock Bank (SCB) are the two banks that have maintained the same deposit interest rate schedule for the longest time on the market today.

As of today, April 22, 2025, it has been nearly 9 months since the last time Sacombank adjusted its deposit interest rate schedule (August 1, 2024).

Meanwhile, SCB most recently changed its deposit interest rate schedule on April 12, 2024, meaning there has been no adjustment to deposit interest rates for more than a year.

Since then, except for Sacombank and SCB, most other commercial banks have adjusted deposit interest rates at least once, especially in the period from the end of February 2025 to present.

In addition to Sacombank and SCB, some other banks such as PVComBank and SHB are also in the group with the longest period of maintaining stable interest rates on the market.

Both PVCombank and SHB listed new interest rates on August 21, 2024. However, SHB changed its deposit interest rate table on March 5, while PVCombank also changed its interest rate table from March 17, 2025. Both banks have reduced deposit interest rates following the general trend of the whole industry.

Regarding SCB's bank interest rates, although the interest rates have not changed for more than a year, this bank is still the unit that pays the lowest interest rates in the market during that time.

Notably, there is no difference in interest rates between online and counter deposit interest rates of SCB.

According to the interest rate table for individual customers of SCB, the interest rate for 1-2 month term is only 1.6%/year, 3-5 month term is 1.9%/year, 6-11 month term is listed at 2.9%/year, and 12 month term at SCB is 3.7%/year.

The highest interest rate listed by SCB for deposits with terms from 13-36 months is only 3.9%/year.

With the above online savings interest rate table, SCB is listing the interest rate for terms from 1-11 months equal to the interest rate for the same term announced by Vietcombank . Both banks are listing the lowest deposit interest rate on the market.

At Sacombank, although the bank's interest rate schedule has not changed for 9 months, over the past year, the bank's deposit interest rate has always been at an average level compared to the general level.

The last time Sacombank maintained a deposit interest rate above 6%/year was on February 20, 2024, when it listed the 36-month online deposit interest rate at 6.2%/year.

Currently, the online interest rate for receiving interest at the end of the term at Sacombank is maintained from August 1, 2024 as follows:

Interest rate for 1-month term is 3.3%/year, 2-month term is 3.5%/year, 3-5-month term is 3.6%/year, 6-11-month term is 4.9%/year, 12-13-month term is 5.4%/year, 15-month term is 5.5%/year, 18-month term is 5.6%/year and 24-36-month term is 5.7%/year.

Meanwhile, the highest interest rate at Sacombank applied to customers depositing savings at the counter is only 5.2%/year, term of 36 months. The interest rate at the counter for 24-month term is 5%/year. The remaining terms are all listed at interest rates below 5%/year.

Since February 25, 28 domestic commercial banks have reduced their deposit interest rates by 0.1-1.05% per year. In April alone, several more banks reduced their deposit interest rates, including VPBank, MB, Eximbank, Nam A Bank, OCB and GPBank.

In addition to reducing deposit interest rates, GPBank and Eximbank also increased deposit interest rates for some terms. OCB alone increased online deposit interest rates for all terms, except for the 4-month term.

INTEREST RATE TABLE FOR ONLINE DEPOSITS OF BANKS ON APRIL 22, 2025 (%/YEAR)
BANK	1 MONTH	3 MONTHS	6 MONTHS	9 MONTHS	12 MONTHS	18 MONTHS
AGRIBANK	2.4	3	3.7	3.7	4.7	4.7
BIDV	2	2.3	3.3	3.3	4.7	4.7
VIETINBANK	2	2.3	3.3	3.3	4.7	4.7
VIETCOMBANK	1.6	1.9	2.9	2.9	4.6	4.6
ABBANK	3.2	3.9	5.4	5.5	5.7	5.5
ACB	3.1	3.5	4.2	4.3	4.9
BAC A BANK	3.5	3.8	4.95	5.05	5.4	5.8
BAOVIETBANK	3.5	4.35	5.45	5.5	5.8	5.9
BVBANK	3.95	4.15	5.15	5.3	5.6	5.9
EXIMBANK	4	4.1	5.1	5.2	5.3	5.7
GPBANK	3.75	3.85	5.65	5.75	5.95	5.95
HDBANK	3.85	3.95	5.3	4.7	5.6	6.1
KIENLONGBANK	3.7	3.7	5.1	5.2	5.5	5.45
LPBANK	3.6	3.9	5.1	5.1	5.4	5.6
MB	3.7	4	4.6	4.6	5	5
MBV	4.1	4.4	5.5	5.6	5.8	5.9
MSB	3.9	3.9	5	5	5.6	5.6
NAM A BANK	3.8	4	4.9	5.2	5.5	5.6
NCB	4	4.2	5.35	5.45	5.6	5.6
OCB	3.9	4.1	5	5	5.1	5.2
PGBANK	3.4	3.8	5	4.9	5.4	5.8
PVCOMBANK	3.3	3.6	4.5	4.7	5.1	5.8
SACOMBANK	3.3	3.6	4.9	4.9	5.4	5.6
SAIGONBANK	3.3	3.6	4.8	4.9	5.6	5.8
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
TECHCOMBANK	3.25	3.55	4.55	4.55	4.75	4.75
TPBANK	3.5	3.8	4.8	4.9	5.2	5.5
VCBNEO	4.15	4.35	5.7	5.65	5.85	5.85
VIB	3.7	3.8	4.7	4.7	4.9	5.2
VIET A BANK	3.7	4	5.2	5.4	5.7	5.9
VIETBANK	4.1	4.4	5.4	5.4	5.8	5.9
VIKKI BANK	4.15	4.35	5.65	5.95	6	6
VPBANK	3.7	3.9	4.8	4.8	5.3	5.3