SHB Counter Deposit Interest Rates for May 2025
For customers depositing at the counter with a step-up savings product and receiving interest at maturity, SHB will offer two interest rates based on the amount deposited: Below VND 2 billion and VND 2 billion or more.
For deposits below VND 2 billion, interest rates range from 0.5% to 5.5% per annum. Specifically, for a tenure of less than one month, the interest rate is 0.5%/year; for 1-2 months, it is 3.3%/year; 3-5 months, 3.6%/year; 6-11 months, 4.6%/year; 12 months, 5.0%/year; 13-18 months, 5.1%/year; 24 months, 5.2%/year; and for 36 months and above, the highest interest rate is 5.5%/year.
SHB Counter Savings Interest Rate Table for May 2025
For deposits below VND 2 billion, interest rates range from 0.5% to 5.6% per annum. Specifically, for a tenure of less than one month, the interest rate is 0.5%/year; for 1-2 months, it is 3.4%/year; 3-5 months, 3.7%/year; 6-11 months, 4.7%/year; 12 months, 5.1%/year; 13-18 months, 5.2%/year; 24 months, 5.3%/year; and for 36 months and above, the highest interest rate is 5.6%/year.
In addition to receiving interest at maturity, customers can choose from various other interest payment options: Advance interest payment; Monthly interest payment; Quarterly interest payment; Semi-annual interest payment; Annual interest payment.
SHB Online Deposit Interest Rates for May 2025
For online deposits, SHB offers interest rates ranging from 3.5% to 5.8% per annum.
Specifically, for a tenure of 1-2 months, the interest rate is 3.5%/year; 3-4 months, 3.8%/year; 5 months, 3.9%/year; 6-8 months, 4.9%/year; 9-11 months, 5.0%/year; 12 months, 5.3%/year; 13-24 months, 5.5%/year; and for 36 months and above, the highest interest rate is 5.8%/year.
SHB Online Savings Interest Rate Table for May 2025
The Great Capital “Hideaway”: Unveiling the Mystery
The personal banking sector has witnessed a significant shift, with individual customer deposits now surpassing those of economic organizations.
Why Do People Still Choose to Deposit Money in Banks Even Though Other Investment Channels Are Active?
In just the first two months of the year, over 301 trillion VND in savings deposits from residents flowed into the banking system, despite rising gold prices and a booming stock market.
Is There an End in Sight to the Declining Interest Rates?
According to analysts, deposit interest rates have continued their downward trend, albeit at a slower pace. It is predicted that input interest rates will gradually increase towards the end of the year, with expectations of positive economic growth and credit growth reaching or even surpassing the set target of 16%.
Will Deposit Rates Rise Again?
The slight upward trend in deposit interest rates since the beginning of May 2025 is not merely a temporary fluctuation, but a reflection of the intricate interplay between systemic liquidity, credit growth targets, policy expectations, and global macroeconomic shifts.
“A Bank’s Strategic Move: Slashing Short-Term Deposit Rates, Boosting Long-Term Returns.”
Eximbank joins the trend of adjusting savings interest rates, with a decrease for short-term deposits and an increase for select long-term ones.
