Bank interest rates March 26, 2025: More than 20 banks adjust interest rates
Bank interest rates March 26: One month after the February 25 conference between the State Bank and commercial banks, 20 domestic commercial banks have adjusted their deposit interest rates downward.
Up to now, 23 domestic commercial banks have adjusted interest rates down, with the reduction ranging from 0.1 to 1% per year.
In March 2025, the mobilization interest rate continued to decrease sharply. In March alone, 18 banks reduced interest rates, including big names such as Viet A Bank, BIDV, Techcombank, VIB, LPBank, Eximbank, SHB or Nam A Bank.
Some banks such as Eximbank, Kienlongbank or PGBank adjust interest rates many times in the same month.
Highest special interest rate 7.5-9.65%
Despite the general decline, the market still has very high interest rates for the super-rich customer group.
ABBank is keeping the highest rate of 9.65%/year for deposits of VND 1,500 billion or more for a term of 13 months.
PVcomBank also offers a rate of 9%/year for customers depositing at the counter with a balance of 2,000 billion VND, with a term of 12-13 months.
HDBank applies 8.1% for 13-month term and 7.7% for 12-month term with minimum condition of 500 billion VND.
In addition, some other banks such as Vikki Bank, Bac A Bank or IVB also offer preferential interest rate packages for customers depositing large amounts of money.
For example, Vikki Bank lists 7.5%/year for amounts from VND999 billion or more;
Bac A Bank maintains a rate of 6%/year for a term of 18-36 months with deposits over 1 billion VND;
IVB offers 6.15%/year for a 36-month term with a minimum condition of VND 1,500 billion.
LPBank also offers many flexible packages, with the highest interest rate reaching 6.5%/year when customers receive interest at the end of the term with deposits from 300 billion VND.
Banks with interest rates exceeding 6%
Not only large customers enjoy good interest rates, some banks still apply interest rates of 6% or more to individual customers with flexible conditions.
BVBank is paying 6%/year for 18-month term and 6.05%/year for 24-month term.
Cake by VPBank offers 6%/year for 12–18 month terms and increases to 6.3% for 24–36 month terms.
VietABank, Vikki Bank and BAOVIET Bank are also maintaining interest rates from 6% to 6.1% per year for terms from 15 to 36 months.
This development shows that the market is clearly differentiated: on the one hand, interest rates are decreasing in line with the trend of supporting the economy, on the other hand, there are still incentive packages to attract large cash flows in the context of increasingly fierce competition for capital mobilization.