The 12-month deposit interest rate market in July 2025 is clearly differentiated, ranging from record lows to surprisingly high levels. The highest level can be up to 9.65%/year depending on the bank and specific deposit conditions. This shows that banks are trying to attract cash flow in the context of many economic fluctuations.
12-month bank interest rate race: Which bank stands out?
According to market records, some banks are offering quite competitive 12-month term interest rates.
Banks with the highest interest rates
HDBank is one of the leading names with interest rates that can be up to 6%/year for 18-month term, and 5.5% for 12-month term if deposited at the counter. Higher rates are applied for large deposits.
PublicBank and BVBank (Viet Capital Bank) are also bright spots, with attractive interest rates, PublicBank listed 5.5% for a 12-month term and BVBank offering 5.55%.
Some other banks such as Saigonbank also recorded quite high interest rates for 12-month terms, up to 5.6%.
Big 4 and major banks
State-owned commercial banks such as Vietcombank, Agribank, BIDV, and VietinBank continue to maintain stable interest rates, which are often lower than those of smaller banks. For example, Agribank and BIDV both list 4.7% for a 12-month term, while VietinBank and Vietcombank are in a similar range. Although not the highest rates, the stability and reputation of this group of banks still attracts a large number of customers.
Other joint stock commercial banks such as MBBank, ACB, Techcombank, VPBank, Sacombank, SHB, MSB, Eximbank are also making flexible adjustments. For example, Techcombank and Bac A Bank adjusted interest rates in the first week of July. MSB can go up to 5.9% with special incentives, and VIB also has clear incentives for customers who deposit online.
Factors affecting interest rates
Bank interest rates not only depend on each bank's policy but are also affected by many market factors:
Capital needs: Banks need to raise capital to meet lending needs. Banks that are in need of large amounts of capital will tend to offer higher interest rates to attract deposits.
Monetary policy: The State Bank's decisions on operating interest rates and exchange rates will directly affect the general interest rate level of the market.
Bank size and reputation: Large banks with large networks and high reputations often do not need to raise interest rates too high to compete. Conversely, smaller banks can use high interest rates as a tool to attract new customers.
Deposit method: Normally, online deposit interest rates tend to be higher than at the counter, to encourage customers to use digital channels.
Deposit amount: For large deposits, customers can enjoy special preferential interest rates, even much higher than the regular listed rate.
Advice for depositors
In the context of diverse bank interest rates as today, choosing the right place to deposit money is very important:
Determine your goals and term: How long do you want to keep your money? What is the purpose of this money? A 12-month term is a popular choice for those who want a balance between liquidity and return.
Compare interest rates: Don't just look at a few banks, compare deposit rates from many different banks, including both large and small banks. Pay attention to the terms and conditions (eg minimum deposit amount, deposit method).
Look for promotions: Many banks offer promotions and special offers for new customers or large deposits. Don't miss these opportunities to maximize your deposit returns.
Risk assessment: Even though high interest rates are attractive, always prioritize reputable banks licensed by the State Bank.
Expert advice: If you have a large amount of money or need further advice, do not hesitate to contact financial experts for support.
July 2025 brings many opportunities for depositors with fierce competition in 12-month term bank interest rates. To find the optimal place to deposit money, be proactive in researching, comparing and choosing the bank that best suits your needs and financial goals.
Source: https://baodanang.vn/so-sanh-lai-suat-ngan-hang-12-thang-trong-thang-7-2025-ai-thang-trong-cuoc-dua-lai-suat-3265155.html
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