Bank deposits set a new record of nearly 16 quadrillion VND

(Dan Tri) - Deposits of people and economic organizations into the banking system continue to set records. Total deposits of these two groups remain at nearly 16 million billion VND.

According to the latest data released by the State Bank, residents' deposits at credit institutions by the end of June reached VND7,694 trillion, an increase of 8.91% compared to the end of 2024. In June alone, residents' deposits increased by VND91,498 billion. In the previous May, deposits of this group also increased by VND65,427 billion.

Deposits of economic organizations reached more than VND 8,104 trillion, up 5.7% compared to the end of 2024 and increased by more than VND 362,825 billion in June alone. In the previous May, corporate deposits also increased by VND 116,370 billion.

Thus, in June, individuals and economic organizations "poured" more than 450,000 billion VND into the banking system. In the previous May, the banking system also had more than 181,000 billion VND. This figure in April was 172,000 billion VND and in March was 262,000 billion VND.

Total money of individuals and economic organizations in the banking system after half a year reached 15.8 million billion VND, setting a new record.

Bank deposits are still increasing, despite the fact that commercial banks massively reduced interest rates in June. After a period when many banks raised their deposit interest rates above 6%/year, by June this interest rate had almost disappeared.

An employee checks money at a bank branch (Photo: Tien Tuan).

Currently, according to Dan Tri reporter, the common 12-month term interest rate on the market is 4.5-5.5%/year. The group of state-owned banks listed the 12-month term interest rate at 4.6-4.8%/year.

With a term of 6 months, the average interest rate is only 3-5%/year. Of which, the group of state-owned banks and a few other banks pay interest around 3%/year, most units in the market pay from 4%/year or more, the highest rate is 5%/year.

According to the results of the survey on business trends in the third quarter of credit institutions and foreign bank branches conducted by the State Bank, the units assessed that the capital mobilization and lending interest rates continued to decrease slightly in the second quarter, especially lending interest rates. The units said that the downward interest rate trend is expected to continue in the third quarter and the end of the year.

Source: https://dantri.com.vn/kinh-doanh/tien-gui-vao-ngan-hang-lap-ky-luc-moi-gan-16-trieu-ty-dong-20250922001654897.htm