Joint Stock Commercial Bank for Oil and Gas (GPBank) issues a new time deposit interest rate table, recording a significant increase in many terms.
Accordingly, GPBank has adjusted to increase time deposit interest rates from terms 6 -36 months with an average increase of 0.2-0.3 percentage points. The remaining terms, this bank keeps the interest rate the same.
Specifically, according to the online time deposit interest rate schedule at GPBank, the time deposit interest rate at terms 1 -3 months remains at 2.5%/year and 3.02%/year, respectively.
The time deposit interest rate at terms 6 months, 9 months increases by 0.2 percentage points, corresponding to the level of 4.35%/year; 4.6%/year.
Meanwhile, the interest rate for the 12-month term increases by 0.3 percentage points, to 5.15%/year. This bank increased by 0.3 percentage points to 5.25%/year at terms 18-36 months.
Previously, at the beginning of May 2024, ACB also adjusted to increase time deposit interest rates in some terms. This bank increased the mobilization interest rate by 0.2 percentage points for terms from 1 to 3 months for all deposit levels.
In April 2024 alone, according to a survey, 15 banks increased time deposit interest rates. Banks that increased interest rates include: BIDV, VietinBank, HDBank, MSB, Eximbank, NCB, VPBank, KienLong Bank, Bac A Bank, GPBank, OceanBank, BVBank, PVcomBank, CBBank, TPBank.