Term Deposits

VnnNews – A curious phenomenon can be seen at commercial banks – the 9.99 percent interest rate for all kinds of deposits. With several hundred million dong in his pocket, Phuc wants to make a deposit. He has checked information on interest rates offered by different banks and noticed all offer 9.99 percent - the ‘three nines’...

Tags: Commercial Banks, Interest Rate, Interest Rates, Month Term, Month Term Deposits, Per Annum, Percent Per, Percent Per Annum, Short Term, Term Deposits

VnnNews – It’s generally understood that SBV wants to keep loan interest rates low. However, banks still keep raising deposit interest rates.  ‘Elder banks’ jump onto the bandwagon The Bank for Investment and Development of Vietnam (BIDV) and Agribank,   which typically do not join the ‘interest...

Tags: Interest Rate, Interest Rates, Term Deposits