What are the deposit and lending interest rates at Hai Duong Bank?

Interest rates for short-term loans at Big 4 banks from 5.5%/year (illustrative photo)

Surveyed at some joint stock commercial banks without State capital in the province, including Hai Duong branches of Sacombank , Bac A, SCB, VPBank, the interest rate of savings deposits with interest paid at maturity (interest received at maturity) for 3-month terms is around 3.5-3.6%/year, 6-month and 9-month terms are similar at 4.7-4.9%/year, 12-month terms are at 5.2-5.4%/year. The above interest rates increased by 0.2-0.4%/year for all terms compared to the interest rate schedule applied last month.

Bac A Bank alone has the highest interest rate among the surveyed banks. For savings under VND1 billion, the interest rate for 3-month term is 3.9%/year, for 6-month term is 5.15%/year, for 9-month term is 5.25%/year, for 12-month term is 5.75%/year. The interest rate for savings deposits from VND1 billion or more is 0.2%/year higher.

For the Big 4 state-owned banks ( Agribank , BIDV, Vietcombank, VietinBank), the interest rate for 3-month term deposits is 2.2-2.3%/year, 6-month and 9-month terms is 2.9-3.2%/year, and 12-month terms is 4.6-4.7%/year.

Regarding lending interest rates at Big 4 banks, for individuals, regular loans have short-term lending interest rates around 6.5-6.8%/year, medium and long-term loans have lending interest rates around 9.1-9.3%/year. For businesses, short-term lending interest rates are from 6%/year, medium and long-term loans are from 9%/year.

In addition, many banks continue to implement preferential interest rate credit packages for both individual and corporate customers. Depending on each customer and specific credit package, short-term loan interest rates can range from 5.5-5.7%/year, medium and long-term from 6.5-7%/year, an increase of 0.5%/year compared to before.

HA KIEN

Source: https://baohaiduong.vn/lai-suat-huy-dong-va-cho-vay-o-ngan-hang-hai-duong-the-nao-389781.html