VnExpress News The News Gateway of Vietnam
Banks have hiked deposit interest rates by up to 1.9 percentage points to nearly pre-Covid levels.
More than 30 lenders raised them last month, 20 of them across the board.
The average increase was 0.35 points for three-month deposits and 0.9 points for six months or more.
Only four have not tinkered with the rates: Techcombank, ABBank, Oceanbank, and CBBank.
For six- and 12-month deposits banks are now paying 7-7.9%. For three months many pay 5%.
Some like SeABank and VietCapital Bank have sold certificates of deposit with interest rates of around 8.5%, but they are less liquid than a normal savings account.
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