Deposit market "hot" at the end of the year, savings interest rates exceed 7%/year

(Baohatinh.vn) - The money market is entering a vibrant phase as banks increase deposit interest rates. Accordingly, with an interest rate of over 7%/year, it has quickly "attracted" idle money from Ha Tinh people.

In November 2025 alone, 22 credit institutions adjusted their capital mobilization interest rates upward, mainly belonging to the non-state joint stock commercial bank sector. Moving into December 2025, the situation became even more heated when many "banks" continued to announce adjustments to their deposit interest rate framework in a direction that was beneficial to customers.

Many banks in Ha Tinh have joined the "race" to increase deposit interest rates.

In Ha Tinh, MB Bank is the first bank to adjust when interest rates for deposit terms from 1 to 60 months all increased.

Mr. Le Dai Duong - Deputy Director of MB Bank Ha Tinh Branch informed: "For most people in Ha Tinh, saving money at the bank is still a safe and stable investment channel compared to other channels such as real estate, gold, stocks, bonds, etc. Therefore, the branch's mobilized capital has continuously increased over time. Currently, the highest normal interest rate at MB Bank is 7.1%/year, for large deposits, customers enjoy more attractive policies. In addition, we also add incentives for customers who deposit online to promote the goal of digitalizing services. Increased mobilized capital creates more resources for the bank to promote lending during the peak period at the end of the year."

SHB Ha Tinh Branch is also not out of the "race" to increase deposit interest rates during this period. Ms. Nguyen Thi Thuong - Head of Customer Service Department (SHB Ha Tinh Branch) said: "We have just increased 0.2%/year for all terms, bringing the interest rate for 12-13 month deposits to over 7%/year. In particular, VIP customers who deposit large amounts of money will enjoy more preferential interest rates. Up to now, the total mobilized capital of SHB Ha Tinh has reached more than 3,300 billion VND, an increase of 12% compared to the beginning of the year".

Up to now, the total mobilized capital of SHB Ha Tinh has reached more than 3,300 billion VND.

Not only private joint stock commercial banks, at this time some state-owned commercial banks also started to adjust deposit interest rates.

In November 2025, VietinBank Ha Tinh Branch announced an increase in interest rates for all terms. Currently, the 12-month deposit interest rate at this credit institution is at 4.7% (deposits under 100 million VND), 5.4%/year (deposits over 100 million VND) and up to 5.5%/year for deposits of 500 million VND or more... This is considered a quite competitive interest rate in the group of state-owned banks.

In November 2025, VietinBank Ha Tinh Branch adjusted to increase capital mobilization interest rates.

Agribank Ha Tinh II Branch also offers the highest interest rate of 4.7%/year for terms from 24 to 36 months. In addition, this "bank" offers preferential deals for customers who deposit large amounts of money to attract idle cash flow. As of December 2, 2025, the total mobilized capital of Agribank Ha Tinh II Branch reached 15,678 billion VND, an increase of 12.35% compared to the beginning of the year and exceeding the plan assigned by the Central Government.

According to the State Bank of Region 8, the total mobilized capital of the Ha Tinh banking system is estimated to reach VND 125,995 billion by December 31, 2025, an increase of 16% compared to the beginning of the year. This is a quite impressive increase in the context that in the first months of the year, mobilization interest rates remained low to support economic recovery.

The acceleration of the mobilization interest rate at the end of the year is explained by the high demand for credit, especially in the fields of trade, construction, services and production - business in preparation for the Tet consumption season. To ensure enough input capital, banks are forced to raise interest rates or implement promotional programs, give gifts, and participate in prizes to attract capital flows from the people.

Increased capital mobilization from the population creates more resources for banks to boost lending to serve the economy at the end of the year.

In general, the interest rate race at the end of 2025 shows that the financial market is entering a period of fierce competition to attract capital. In the context of other investment channels still having many fluctuations, savings with interest rates of 7%/year or higher continue to be a safe and attractive choice for many people. According to financial experts, this interest rate increase is local and seasonal in nature, but still shows that the trend of competition for mobilization will be maintained into the first quarter of 2026. However, experts also believe that interest rates are unlikely to increase sharply and last as long as in the period of 2022-2023.

Faced with year-end interest rate fluctuations, experts recommend that people be cautious, allocate their deposits appropriately, and closely monitor market developments to optimize profits and reduce risks. Accordingly, customers should consider not depositing all their money for too long a term; during periods when interest rates are likely to continue to be adjusted, they should divide their deposits into multiple terms to flexibly restructure when interest rates change.

Source: https://baohatinh.vn/thi-truong-tien-gui-nong-cuoi-nam-lai-suat-tiet-kiem-vuot-7nam-post300551.html