Dong A Commercial Joint Stock Bank (Dong A Bank) has just become the next bank to increase deposit interest rates for the second time in September, after OceanBank.

According to the interest rate table updated by Dong A Bank on the morning of September 26, bank interest rates for terms from 13 to 36 months increased by 0.1%/year. Notably, interest rates for these terms have been maintained at the second highest level in the market over the past month.

Currently, the 13-month term deposit interest rate at Dong A Bank has officially reached 6%/year. With this new interest rate, Dong A Bank is the only bank to list a 6%/year interest rate for 13-month term deposits, the highest rate currently.

Even the difference between regular deposit interest rates and “special interest rates” has narrowed as this bank is still maintaining a deposit interest rate of 7%/year when customers deposit money for a 13-month term, with a deposit amount of 200 billion VND or more.

Meanwhile, Dong A Bank has increased the interest rate for savings terms after 13 months to 6.1%/year since today (September 26). This interest rate is the second highest in the market for the same term, just after the savings interest rate of 6.15%/year currently applied by NCB for deposit terms from 18-60 months.

The bank interest rates for the remaining terms remain at the old level. The bank interest rate for 1-2 month terms is 3.8%/year, 3-5 month terms is 4%/year, 6-8 month terms is 5.2%/year, 9-11 month terms is 5.5%/year and 12 month terms is 5.8%/year.

Dong A Bank’s interest rates have fluctuated sharply over the past month. Before August 21, the 13-month savings interest rate was only 5.6% per year, while the 18-36 month savings interest rate was only listed at 4.7% per year.

This is also the second consecutive month that this bank has adjusted interest rates twice in the same month. The most recent time, on September 5, Dong A Bank increased the interest rate for 1-2 month deposits by 0.2% per year, increased the interest rate for 3-8 month deposits by 0.3% per year and increased the interest rate for 9-11 month deposits by 0.6%.

In addition to Dong A Bank, the interest rate of 6.1%/year is being applied by HDBank for 18-month term deposits; Saigonbank for 36-month term deposits;SHB for 36-month term deposits and OceanBank for 18-36-month term deposits.

Besides, some banks are also listing deposit interest rates of 6%/year such as: Saigonbank (term 13-24 months); BVBank (18-36 months); BaoViet Bank (15-36 months).

Up to now, 12 banks have increased deposit interest rates since the beginning of September, including: Dong A Bank, OceanBank, VietBank, GPBank, Agribank, Bac A Bank, NCB, OCB, BVBank,ACB , PGBank and Nam A Bank.

Of which, OceanBank and Dong A Bank increased interest rates for the second time this month.

On the contrary, ABBank is the first bank to reduce deposit interest rates this month by 0.1-0.4%/year, for terms of 1-12 months.

HIGHEST DEPOSITS INTEREST RATES AT BANKS ON SEPTEMBER 26, 2024 (%/YEAR)
BANK 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS 18 MONTHS
AGRIBANK 2 2.5 3.3 3.3 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 3.7 5 5.2 5.6 5.7
ACB 3.1 3.5 4.2 4.3 4.9
BAC A BANK 3.65 3.95 5.15 5.25 5.7 5.85
BAOVIETBANK 3.3 4 5.2 5.4 5.8 6
BVBANK 3.8 4 5.2 5.5 5.8 6
CBBANK 3.8 4 5.55 5.5 5.7 5.85
DONG A BANK 3.8 4 5.2 5.5 5.8 6
EXIMBANK 3.8 4.3 5.2 5.5 5.2 5.1
GPBANK 3.2 3.72 5.05 5.4 5.75 5.85
HDBANK 3.85 3.95 5.1 4.7 5.5 6.1
KIENLONGBANK 3.7 3.7 5.2 5.3 5.6 5.7
LPBANK 3.4 3.5 4.7 4.8 5.1 5.6
MB 3.3 3.7 4.4 4.4 5.1 5
MSB 3.7 3.7 4.6 4.6 5.4 5.4
NAM A BANK 3.8 4.1 5 5.2 5.6 5.7
NCB 3.8 4.1 5.45 5.65 5.8 6.15
OCB 3.9 4.1 5.1 5.1 5.2 5.4
OCEANBANK 4.1 4.4 5.4 5.5 5.8 6.1
PGBANK 3.4 3.8 5 5 5.5 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 5.8 6
SCB 1.6 1.9 2.9 2.9 3.7 3.9
SEABANK 2.95 3.45 3.75 3.95 4.5 5.45
SHB 3.5 3.8 5 5.1 5.5 5.8
TECHCOMBANK 3.25 3.45 4.55 4.55 4.95 4.95
TPBANK 3.5 3.8 4.7 5.2 5.4
VIB 3.2 3.6 4.6 4.6 5.1
VIET A BANK 3.4 3.7 4.8 4.8 5.4 5.7
VIETBANK 3.8 4 5.2 5 5.6 5.9
VPBANK 3.6 3.8 5 5 5.5 5.5