A survey by Dan Tri reporter shows that the wave of savings interest rate reduction has not stopped in March. The trend of interest rate reduction is the main trend after the break Lunar New Year and takes place on a large scale.< /p>
Since the beginning of March, more than 10 banks announced to reduce deposit interest rates, including PGBank BVBank BAOVIET Bank GP Bank ACB Agribank VPBank PVCombank DongA Bank MB Techcombank… Some banks even reduced interest rates twice Interest rates from the beginning of March include BaoViet Bank GP Bank BVBank.
MB has just announced a new interest rate schedule from March 12 with a reduction of 0 1-0 2 percentage points for deposit terms from 1 -36 months.
Accordingly, the interest rate for a 1-month term is currently 2 2%/year 11 months 3 8%/year. Online deposit terms from 12 to 15 months have an interest rate of 4 6 %/year for 18 months is 4 7%/year while the deposit interest rate for long terms from 24 to 60 months is at 5 7%/year.
BVBank also continues to lower interest rates. Previously, on March 4, this bank also adjusted interest rates once.
According to the new interest rate schedule for terms from 1 to 10 months, it decreased by 0 1-0 3 percentage points. Specifically, the 1-month term decreased at most by 03 percentage points to 3%/year. Online deposit interest rate for 6 months is 4 2%/year 7 months 4 3%/year 8 months 4 4%/year 9 months 4 5%/year and 10 months is 4 6%/year.</p >
*Table of deposit interest rates of banks (unit: %/year)
| Bank | 1 month | 3 months | 6 months | 12 months |
| ABBank | 3 3 | 3 3 | 5 3 | 4 8 |
| NCB | 3 4 | 3 6 | 4 65 | 5 1 |
| VietBank | 3 1 | 3 5 | 4 6 | 5 3 |
| HDBank | 2 95 | 2 95</td > | 4 6 | 4 8 |
| OCB | 3 | 3 2 | 4 6 | 4 9 |
| Nam A Bank | 2 9 | 3 4 | 4 5</td > | 5 3 |
| CBBank | 3 6 | 3 8 | 4 5 | 4 65 |
| OceanBank | 3 1 | 3 3 | 4 4 | 5 1 |
| 2 6 | 3 | 4 2 | 4 8 | |
| PGBank | 2 9 | 3 3 | 4 1 | 4 7 |
| VIB | 2 7 | 3 | 4 1 | 4 9 |
| LPBank | 2 6< /td> | 2 7 | 4 | 5</ td> |
Most banks are listing interest rates of 5-5 7%/year for deposits under 1 billion VND for a 12-month term. In addition, interest rates on long-term deposits, depending on each unit, are currently down from 0 1 to 1 3 percentage points compared to the end of last year.
According to assessments from reports of securities companies From now until the end of this year, the bank still has little room to reduce deposit interest rates when the level is lower than during the Covid-19 epidemic period.
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