Eight banks consecutively raise interest rates.

According to Lao Dong newspaper, since the beginning of September, six banks have increased interest rates, including Techcombank, Dong A Bank, OceanBank, Eximbank, GPBank, VietBank,OCB , and NCB; with the increase mainly affecting short-term maturities.

However, the interest rate market also recorded a downward trend in rates from one bank, ABBank, which had previously led the market with the highest interest rates. The alternating upward and downward trends at various banks have created significant changes in the ranking of the top banks offering the highest interest rates in the market.

Highest interest rates for terms of 1-3 months.

According to Lao Dong newspaper, for a 1-month term, the highest deposit interest rate currently belongs to SeABank with 3.95%/year, followed by HDBank, OCB and Bac A Bank with 3.85%/year.

For a 3-month term, the highest interest rate is 4.3%/year, currently offered by Eximbank. The next highest rate is 4.2%/year, currently offered by OceanBank. Bac A Bank and NCB offer 4.15%/year.

Highest interest rates for terms of 6-9 months.

For the 6-month term, CBBank surged ahead with an interest rate of 5.55%/year. NCB offered 5.35%/year. Following closely behind was Bac A Bank with an interest rate of 5.35%/year.

For a 9-month term, the highest interest rate is 5.65%/year at NCB, followed by 5.5%/year, currently offered by BVBank, Dong A Bank, and CBBank.

Highest interest rate for a 12-month term.

For the 12-month term, Bac A Bank leads with the highest interest rate at 5.9% per year.

Following closely behind are BVBank, Saigonbank, and NCB with interest rates of 5.8%/year, and BaovietBank and Dong A Bank with interest rates of 5.75%/year.

Details of deposit interest rates at various banks, updated September 14, 2024.