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19 banks "joined together" to increase interest rates, where is the most "profitable" place to deposit money?

Báo Quốc TếBáo Quốc Tế15/06/2024


Since the beginning of June, a total of 19 commercial banks have increased interest rates. On June 14 alone, 3 banks increased interest rates.
Lãi suất ngân hàng nào cao nhất tháng 4/2023? (Nguồn: Gutina)
The highest bank interest rate for a 12-month deposit term is 5.75%/year (GPBank). (Source: Gutina)

The three latest banks to increase deposit interest rates include VPBank, increasing interest rates for deposits from 1-36 months by 0.2-0.3% per year; Eximbank, increasing interest rates for deposits from 1-3 months by 0.2% per year; BaoViet Bank, increasing interest rates for deposits from 1-36 months by 0.2-0.4% per year.

Of the 19 banks that have increased deposit interest rates since the beginning of June, 5 banks have increased interest rates twice, including MB, VIB, BaoVietBank, Eximbank and GPBank.

According to statistics, there are two banks applying Interest rates above 5%/year for 6-month deposits are NCB (5.05%/year) and CBBank (5.15%/year).

For 9-month term deposit interest rates, interest rates from 5%/year are listed at BaoViet Bank, Bac A Bank, and Kien Long Bank (5%/year), CBBank and Nam A Bank (5.1%/year), GPBank (5.2%/year), NCB (5.25%),

At the 12-month deposit term, interest rates from 5%/year appear more and more when there are up to 22 banks paying interest rates at these levels.

In which, the highest bank interest rate for 12-month deposit term is 5.75%/year (GPBank).

Next is the interest rate of 5.6%/year currently applied at ABBank, BVBank and NCB. BaoViet Bank and HDBank are behind with an interest rate of 5.5%/year.

MSB, Nam A Bank and OceanBank apply interest rate of 5.4%/year for 12-month term deposits.

CBBank pays an interest rate of 5.3% for this term, while the interest rate of 5.2%/year is being applied at KienLong Bank, VietA Bank, VietBank, VPBank.

LPBank is the only bank paying 5.1% interest per year for 12-month term deposits. A series of banks paying 5% interest per year for this term include: Eximbank, MB, PGBank, Saigonbank, SHB and TPBank.

There are 26 banks listing interest rates from 5%/year for 18-month term deposits. Of which, the highest deposit interest rate for this term is up to 6.1%/year, applied at NCB and HDBank.

The group of banks paying high interest rates for 18-month terms also includes OceanBank (5.9%/year), GPBank (5.85%/year) and BVBank, BaoViet Bank, VietBank (5.8%/year).

6.1%/year is also the highest interest rate for 24- and 36-month deposits. NCB is listing an interest rate of 6.1% for both terms; HDBank applies it for the 24-month term and OceanBank applies it for the 36-month term.

OceanBank is also among the top banks in terms of 24-month term interest rates (6%/year), while the 6%/year interest rate is also applied to 36-month term deposits at OCB.

Some banks in the leading group in terms of 24-36 month deposit interest rates (5.8-5.9%/year) include: BaoViet Bank, GPBank, BVBank, VietBank, OCB...

With a series of banks adjusting interest rates, since the beginning of June, 19 commercial banks have increased their deposit interest rates, including: VietinBank, TPBank, VIB, GPBank, BaoViet Bank, LPBank, Nam A Bank, OceanBank, ABBank, Bac A Bank, MSB, MB, Eximbank, OCB, BVBank, NCB, VietBank, VietA Bank, VPBank.

Of which, GPBank, VIB, MB, BaoViet Bank and Eximbank have increased deposit interest rates twice since the beginning of June.

On the contrary, Eximbank increased deposit interest rates twice for terms of 1-12 months and 1-3 months, but reduced them by 0.1% per year for terms of 15-36 months.

TPBank increased interest rates at the beginning of the month but also adjusted them down to bring the interest rates back to the old level.



Source: https://baoquocte.vn/19-ngan-hang-ru-nhau-tang-lai-suat-gui-tien-o-dau-hoi-nhat-275078.html

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