Bank interest rates on January 9, 2026: ABBank reaches a peak of 9.65%, the general rate increases sharply.
The deposit market on January 9, 2026 witnessed a fierce interest rate race as ABBank announced a record rate of 9.65% per year, along with an upward trend at many commercial banks.
Bank interest rates on January 9, 2026, saw dynamic developments as deposit interest rates continued to be adjusted upwards across the system. Most notably, a special interest rate of up to 9.65% per year emerged, reflecting the increasing pressure to raise capital amidst the anticipated strong recovery in credit demand.
ABBank surprises with a record interest rate of 9.65%.
The biggest highlight in the market today comes from ABBank, as the bank has simultaneously adjusted interest rates upwards across most maturities. For short-term maturities of 1-2 months, interest rates have been raised to 4.0%/year; for 3-5 month maturities, the rate reaches 4.2%/year. For maturities from 6 to 60 months, rates have all been pushed up to 6.5%/year, with the sharpest increase reaching 1.2%/year.
Notably, ABBank announced a special interest rate of 9.65% per annum for 13-month term deposits. However, to enjoy this rate, customers need to meet a minimum balance requirement of VND 1,500 billion. This is considered a brand-building interest rate and the most attractive for attracting capital in the market today.
The interest rate race for large clients.
Not only ABBank, but many other commercial banks are also joining the race to raise capital with high interest rates for large-scale deposits:
- PVcomBank:An interest rate of 9.0% per annum will be applied to deposits made at the counter for terms of 12–13 months with a minimum balance of VND 2,000 billion.
- Vikki Bank:The listed interest rate is 8.4% per annum for deposits of 999 billion VND or more with a term of 13 months or longer.
- HDBank:They offered an interest rate of 8.1% per annum for a 13-month term and 7.7% per annum for a 12-month term.
- MSB:Maintain an interest rate of 8.0% per annum for 12-month terms on deposits of VND 500 billion or more.
The mass market customer group benefits from the upward trend.
For the typical individual customer segment, interest rates are also being adjusted upwards, creating more attractive options:
| Bank | Term | Interest rate (%/year) | Condition |
|---|---|---|---|
| OCB | 12-36 months | 6.7% - 7.3% | Balances from 500 million VND |
| PGBank | 18-36 months | 7.3% | No large balance required. |
| Cake by VPBank | 6-36 months | 7.1% | Online deposits |
| VIB, PVcomBank | Long term | 6.5% - 6.9% | Individual customers |
Banks such as Viet A Bank, Bac A Bank, and Nam A Bank have also simultaneously raised interest rates for medium and long-term deposits above 6.0% - 6.7% per year. This trend shows that banks are prioritizing stable, long-term capital mobilization to prepare for business plans in the new year.
Advice for depositors
Market developments on January 9, 2026, suggest this is a favorable time for depositors to consider medium and long-term deposits to enjoy higher interest rates. However, financial experts advise customers to carefully consider the terms and conditions of these "special" interest rate packages and to thoroughly assess liquidity to ensure the safety of their personal funds before making any transactions.
