1. Deposit interest rates:
- VND interest rates: The average VND deposit interest rate of domestic commercial banks is 0.1-0.2%/year for demand deposits and deposits with terms of less than 1 month;
3.2-4.0%/year for deposits with terms from 1 month to less than 6 months;
4.5-5.5%/year for deposits with terms from 6 months to 12 months;
4.8-6.0%/year for deposits with terms from over 12 months to 24 months;
6.9-7.1%/year for deposits with terms over 24 months.
- USD interest rate: The USD deposit interest rate of credit institutions is 0%/year for deposits of individuals and organizations.
2. Lending interest rate:
- VND interest rate:
The average lending interest rate of domestic commercial banks for new and old loans with outstanding debt is 6.6-8.9%/year.
The average short-term lending interest rate in VND for priority sectors is about 3.9%/year, lower than the maximum short-term lending interest rate as prescribed by the State Bank of Vietnam (4%/year).
- USD interest rate: The average USD lending interest rate of domestic commercial banks for new and old loans with outstanding debt is 4.1-5.0%/year.
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