Two more banks of VietABank and DaiABank have made interest rates drop of 0.1% to 0.2% of 1-, 3-, 6-, 9-, and 12-month deposits which stands at 11.00% a year. Besides, weekly interest rates deposits of Vietnam dong was ranging from 9.8% to 10.20% a year. DaiABank maintained interest rates for 18 to 36-month deposits. Previously, in response to call of the government and Vietnam Banks Association to reduce interest rates of deposits to support reduction of loans interest rates for domestic production development, other banks have reduced rates to below 11.2% a year.

 

Reported by Truc Huynh – Translated by Vi Bao