Which bank has the highest interest rate?

Specifically, the highest interest rate for a 1-2 month term is 4.6%/year, applied by Vietnam Export Import Commercial Joint Stock Bank (Eximbank) for online deposits on weekends.

For working days of the week, the highest 1-2 month term bank interest rate is 4.35%/year of Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCBNeo).

The highest interest rate for 3-5 month term deposits is 4.7%/year, applied by VCBNeo, Vietnam Modern Bank Limited (MBV) and Eximbank. The rate of 4.7%/year is currently applied at MBV (4-5 month term, online deposit) and VCBNeo (5 month term).

Currently, there are 6 banks listed from 4%/year for all terms of 1-5 months, including: VCBNeo, Eximbank, Vikki Digital Bank (Vikki Bank), MBV, Vietnam Thuong Tin Commercial Joint Stock Bank (VietBank) and National Commercial Joint Stock Bank (NCB). In which, VCBNeo leads with interest rates of 1 month and 2 months both at 4.35%/year; 3-4 months is 4.55%/year; 5 months is 4.7%/year. In addition, Bao Viet Commercial Joint Stock Bank (BVBank) and Orient Commercial Joint Stock Bank (OCB ) also apply from 4%/year for terms of 2 months or more.

The banks in the “Big 4” group have the lowest deposit interest rates in the market, of which, the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has a deposit interest rate of less than 2%/year for a term of 1-5 months; the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) have a deposit interest rate of less than 3%/year, and the Bank for Agriculture and Rural Development of Vietnam ( Agribank ) has the highest rate of 3%/year (online deposit for a term of 3-5 months).

The highest savings interest rate is listed at 5.65%/year, applied at Global Petroleum Commercial Joint Stock Bank (GPBank) and Vikki Bank for 9 and 12 month terms. In which, GPBank offers bank interest rates for 9 and 12 month terms of 5.75%/year and 5.95%/year respectively; Vikki Bank: 9 month term 5.65%/year and 12 month term 5.95%/year.

The highest interest rate on the market is 9.65%/year at An Binh Commercial Joint Stock Bank (ABBank) for customers depositing from VND1,500 billion, term of 13 months. Vietnam Public Commercial Joint Stock Bank (PVcomBank) maintains 9%/year for term of 12-13 months, on condition that customers have deposit balance from VND2,000 billion. Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) applies 8.1%/year for term of 13 months and 7.7%/year for 12 months for customers depositing from VND500 billion.

Vikki Bank added 1.8%/year for deposits from VND999 billion, bringing the term interest rate from 13 months to 7.5%/year. Some other banks also apply an interest rate of 6%/year for customers depositing large amounts of money, with conditions on the term and form of interest payment.

The highest 15- and 18-month terms are listed by HDBank, at 6% and 6.1%/year respectively; Vikki Bank offers 6%/year interest rate for 24-36-month term deposits...

Source: https://hanoimoi.vn/ngan-hang-nao-huy-dong-lai-suat-cao-nhat-712105.html