The most attractive interest rate currently is ABBank when the bank applies an interest rate of up to 9.65%/year for a term of 13 months. However, to enjoy this interest rate, customers must open new or renew savings deposits of VND 1,500 billion or more.
Next is PVcomBank with an interest rate of 9%/year applied for a term of 12-13 months when customers deposit money at the counter, the condition is that customers must maintain a minimum balance of 2,000 billion VND.
HDBank also applies an interest rate of 8.1%/year for a 13-month term and 7.7%/year for a 12-month term, provided that customers maintain a minimum balance of VND500 billion.
For regular deposits, interest rates of most banks are around 3 - 6%/year.
Specifically, for a 12-month term, VIKKI Bank and GPBank have the highest interest rate of 5.95%/year. Next are VietBank and MBV at 5.8%/year, VietABank, SaigonBank, NCB, MSB, HDBank, BVBank and ABBank all have interest rates of 5.6%/year...
For a 9-month term, GPBank currently has the best interest rate of 5.7%/year, followed by VIKKI Bank (5.65%/year), MBV (5.6%/year), NCB (5.45%/year),...
For a 6-month term, VIKKI Bank and GPBank currently have interest rates of 5.65%/year, followed by MBV (5.5%/year), VietBank (5.4%/year), NCB (5.35%/year)...
For a 3-month term, VIKKI Bank and BAOVIETBANK have the highest interest rate of 4.35%/year, and for a 1-month term, VIKKI Bank currently has the highest interest rate of 4.15%/year.
State-owned commercial banks (big 4) including Agribank , BIDV, Vietcombank, VietinBank maintain the lowest interest rate in the system and have not fluctuated much in recent times. These units currently list the highest interest rate at 4.8%/year, while the lowest interest rate is only 1.6%/year.
Specifically, the interest rate table at Vietcombank remains unchanged for all terms, with the interest rate for 6- and 9-month terms listed at 2.9%/year; the 12-month term listed at 4.6%/year; the 24-month term or more listed at 4.7%/year. The 4.7%/year interest rate is also the highest interest rate currently applied by Vietcombank for terms of 12 months or more.
At BIDV, the interest rate level also remained stable compared to the previous month, with the interest rate for 6- and 9-month savings deposits continuing to be listed at 3.0%/year; the 12-month term remained at 4.7%/year and the 24-month term was still listed at 4.8%/year.
At VietinBank, savings interest rates for 6 and 9 month terms continue to be listed at 3.0%/year; 12 month term is 4.7%/year; 24 month term is 4.8%/year.
In the latest assessment of interest rate trends, VCBS Research experts said that by the end of the year, 12-month deposit interest rates of private commercial banks will have room to decrease slightly by 2 basis points to 4.7% by the end of 2025.
ABS Research also believes that, in the context of the State Bank continuing to maintain a stable monetary policy, encouraging commercial banks to reduce deposit interest rates to support businesses and people to access capital and credit throughout the system to increase sharply, deposit interest rates are forecast to remain stable or decrease slightly in the second half of 2025.
