Bank interest rates today, May 27, 2026: LPBank reduces short-term deposit interest rates.
Interest rates in the market recorded a downward trend across maturities of 1-5 months on May 27, 2026. LPBank was the latest institution to adjust its interest rates downwards, following a series of other major banks in May.
The financial market on May 27, 2026, witnessed a new development as Loc Phat Commercial Joint Stock Bank of Vietnam (LPBank) officially implemented a new deposit interest rate schedule. Notably, the downward trend in interest rates continued to focus on short-term maturities, reflecting the abundant liquidity and strategic adjustments of banks during this period.
LPBank adjusts interest rates downwards for terms of 1-5 months.
According to the latest price list, LPBank has reduced deposit interest rates by 0.1 percentage point for deposit terms from 1 to 5 months. Specifically, the online deposit interest rate with interest paid at the end of the term for 1-2 month terms is now 4.6%/year. For terms from 3-5 months, the interest rate is set at 4.65%/year.
Meanwhile, the bank maintains the same interest rates for longer terms. Online deposits with terms of 6-11 months remain at 6.9%/year, 12-13 months at 7%/year, and 15-18 months at 7.1%/year. The highest interest rate for regular deposits is 7.2%/year, applicable to terms of 24-25 months.
Special deposit and incentive policies
For customers depositing money at the counter, the interest rate is usually lower compared to online channels. The rate for 1-3 month terms at the counter is 4.4%/year, while for 15-18 month terms it reaches 6.5%/year. LPBank also applies a customer classification policy with priority tiers: Diamond, Gold, and Ruby. Diamond tier customers can enjoy preferential interest rates of up to 6.8%/year for 18-25 month terms.
Notably, this bank maintains an interest rate of 7.2% per year specifically for special deposits valued at VND 300 billion or more. LPBank's interest rate reduction comes shortly after similar adjustments at banks such as MB, Saigonbank, ACB, and Sacombank in May.
Online deposit interest rate table of banks on May 27, 2026
Below is a comparison table of listed interest rates at several commercial banks as of May 27, 2026 (unit: %/year):
| Bank | 1 month | 3 Months | 6 Months | 12 Months | 18 Months |
|---|---|---|---|---|---|
| AGRIBANK | 4.75 | 4.75 | 6.6 | 6.8 | 6.8 |
| MB | 4.75 | 4.75 | 5.8 | 5.9 | 5.9 |
| VIETCOMBANK | 4.75 | 4.75 | 6.6 | 6.8 | 6.8 |
| VIETINBANK | 4.75 | 4.75 | 6.6 | 6.8 | 6.8 |
| LPBANK | 4.6 | 4.65 | 6.9 | 7.0 | 7.1 |
| TECHCOMBANK | 4.35 | 4.65 | 6.55 | 6.75 | 5.85 |
| ACB | 4.5 | 4.7 | 4.9 | 5.7 | But |
| MB | 4.5 | 4.7 | 5.8 | 6.35 | 6.35 |
| SCB | 1.6 | 1.9 | 2.9 | 3.7 | 3.9 |
Overall, the group of state-owned banks (Big4) maintained stable interest rates for short-term maturities at 4.75%/year, while the group of joint-stock commercial banks showed significant divergence. The downward trend in short-term rates at LPBank indicates that banks are optimizing their cost of capital amidst a volatile market.
