Techcombank increases interest rates

According to Lao Dong on August 13, Vietnam Technological and Commercial Joint Stock Bank (Techcombank) issued a new interest rate schedule, increasing by 0.2 percentage points for terms of 1-3 months.

Techcombank's online deposit interest rates are currently listed as follows:

Interest rates for 1-3 month terms increased by 0.2 percentage points, to 3.05-3.25%/year.

Interest rate for 3-5 month term is 3.25-3.45%/year.

Interest rate for 6-11 month term is at 4.25-4.35%/year.

Interest rates for terms greater than 12 months are at 4.95-5.05%/year.

Techcombank's counter savings interest rate table also recorded similar changes, currently listed as follows:

Interest rate for 1-3 month term is 2.95-3.15%/year.

Interest rate for 3-5 month term is 3.15-3.35%/year.

Interest rate for 6-11 month term is 4.15-4.25%/year.

Interest rates for terms greater than 12 months are at 4.85-4.95%/year.

As of August 13, the market recorded 12 banks increasing savings interest rates including: Eximbank, ACB, Agribank, Sacombank, Saigonbank, VietBank, TPBank, CBBank, VIB, Dong A Bank, VPBank, Techcombank.

On the contrary, the August savings interest rate market also recorded two banks reducing savings interest rates, namely SeABank. ABBank listed a reduction of 0.1-0.3 percentage points for most terms; SeABank also listed a reduction of 0.25 percentage points for all terms.

(See more high interest rates HERE)

Details of deposit interest rates at banks, updated on August 13, 2024