Banks in Hai Duong maintain stable deposit interest rates

Basically, banks in Hai Duong maintain stable deposit interest rates, creating conditions to maintain low lending interest rates.

On February 25, among the Big 4 (including Agribank , VietinBank, Vietcombank, BIDV) in the province, only Agribank adjusted the interest rate up by 0.1%/year for deposits with terms from 3 to 9 months, and down by 0.1% for terms from 12 months and above. Currently, Agribank's mobilization interest rate is at 2.4 - 3.7%/year for terms under 12 months, 4.7%/year for terms from 12 to 18 months, and 4.8%/year for terms of 24 months.

VietinBank and BIDV both have interest rates of 2-3.3%/year for terms under 12 months, and 4.7%/year for terms of 12-18 months. VietinBank lists interest rates of 4.9%/year for terms of 24 months, while BIDV's interest rate for this term is 5%/year.

Vietcombank has maintained its listed deposit interest rates from mid-2024 to present, at 1.6 - 2.9%/year for terms under 12 months, 4.6%/year for terms from 12-18 months, and 4.7%/year for terms of 24 months.

In the group of banks without state capital such as Bac A, Sacombank, Techcombank, PGBank, the mobilization interest rate is around 2.8 - 5%/year for terms under 12 months, 4.9 - 5.5%/year for terms from 12 - 18 months, 5%/year for terms of 24 months.

With savings of less than VND 1 billion, Bac A is currently the bank with the highest interest rate among the reviewed banks. Accordingly, the interest rate for terms under 12 months is 3.6 - 5.15%/year, 5.6%/year for terms of 12 months, 6%/year for terms from 18 - 36 months. This interest rate has been adjusted down by 0.1 - 0.15 percentage points/year compared to the beginning of 2025.

Previously, on February 24, the Prime Minister sent an official dispatch to the Governor of the State Bank requesting him to preside over and coordinate with relevant agencies to inspect and examine commercial banks that have recently adjusted their deposit interest rates upward.

The head of the Government also requested strict handling of violations and failure to comply with the Government's instructions. In particular, the Governor needs to consider and decide on the use of management tools on credit growth limits and license revocation according to regulations.

Maintaining low interest rates is a condition to support economic growth, ensuring the country's GDP growth target in 2025 reaches 8% or more according to the Central Committee's conclusions and the Resolutions of the National Assembly and the Government.

Since the beginning of 2025, many banks have adjusted their deposit interest rates upward, such as Eximbank (Export-Import Commercial Joint Stock Bank), BVBank (Viet Capital Commercial Joint Stock Bank), BAOVIET Bank (Bao Viet Commercial Joint Stock Bank), PVcomBank (Dai Chung Commercial Joint Stock Bank)... These are banks that do not have branches in Hai Duong province.

HA KIEN

Source: https://baohaiduong.vn/ngan-hang-o-hai-duong-duy-tri-binh-on-lai-suat-huy-dong-406047.html