MB Bank’s Savings Interest Rates for Individual Customers
A survey conducted in early August revealed that Military Commercial Joint Stock Bank (MB) offers competitive interest rates on savings accounts for individual customers, ranging from 0.5% to 5.8% per annum.
Specifically, for short-term deposits with tenors of 1, 2, and 3 weeks, a uniform interest rate of 0.5% per annum is applicable, regardless of the deposit amount.
For longer-term deposits, MB differentiates interest rates based on two tiers of deposit amounts: below VND 1 billion and VND 1 billion or above.
For deposits below VND 1 billion, the interest rates are as follows: 1-month tenor earns 3.2% per annum; 2-month tenor, 3.3%; 3-5 months, 3.6%; 6-11 months, 4.2%; 12 months, 4.85%; 13-18 months, 4.65%; and the highest rate of 5.7% per annum for tenors of 24-36 months.
For deposits of VND 1 billion and above, the interest rates are slightly higher: 1-month tenor earns 3.3% per annum; 2-month tenor, 3.4%; 3-5 months, 3.7%; 6-11 months, 4.3%; 12 months and above, 4.9%; 13-18 months, 4.8%; and the highest rate of 5.7% per annum for tenors of 24-36 months, on par with the rate for smaller deposits.
MB’s Savings Interest Rate Table for Individual Customers – August 2025
Additionally, individual customers who deposit at branches in the Central and Southern regions will enjoy slightly higher interest rates compared to other regions, with a difference of approximately 0.1% per annum (excluding tenors shorter than 1 month). The interest rate range for these regions is 0.5% to 5.8% per annum for end-of-term interest payment options. The highest rate of 5.8% per annum is offered for deposits with a tenor of 24 to 60 months.
MB Bank’s Savings Interest Rates for Business Customers
During August, business customers at MB can expect interest rates on term deposits to range from 0.5% to 5.5% per annum for end-of-term interest payment options.
For short-term deposits with tenors of 1, 2, and 3 weeks, the interest rate is set at 0.5% per annum.
The interest rates for longer tenors are as follows: 1-month tenor earns 3.0% per annum; 2-month tenor, 3.1%; 3-5 months, 3.4%; 6-11 months, 4.0%; 12-13 months, 4.6%; 18 months, 4.7%; and 24 months, 5.4%.
The highest interest rate of 5.5% per annum is offered for long-term deposits with tenors ranging from 36 to 60 months.
MB’s Savings Interest Rate Table for Business Customers – August 2025
MB also offers a separate interest rate framework for business customers in the Central and Southern regions (excluding Ho Chi Minh City), with rates 0.1% per annum higher than standard rates for tenors of 6 months and above. The highest interest rate of 5.6% per annum is applicable for business customers depositing for 36 to 60 months.
The Consensus Among Banks: Maintaining Stable Interest Rates for Sustainable Growth
As of early 2025, banks have been actively implementing directives from the government and the State Bank to maintain stable interest rates. These efforts have been instrumental in promoting credit growth and providing much-needed support to businesses and individuals alike.
What Fueled the Banking Stock Boom that Took VN-Index to New Heights?
As of August 5th, bank stocks surged for the second consecutive session, propelling the index to a record high of 1570 points. However, a closer look at the statistics reveals that the group’s profits are lagging compared to the broader market.
Gold Prices Maintain Uptrend Amid Fed Rate Cut Expectations
The price of gold surged on Friday after a disappointing jobs report from the U.S. Labor Department. The report, which fell short of expectations, revealed a sluggish jobs market with a mere 132,000 non-farm jobs added in July. This prompted a rush to safe-haven assets, with gold leading the charge.
Will Interest and Exchange Rates Cool Off by Year-End?
The Fed’s decision to maintain the USD interest rate at 4.5% could result in the USD/VND exchange rate remaining elevated around 26,400/26,500 in Q3, with a slight decrease towards the year-end. This may also curb commercial banks’ ability to significantly lower deposit and lending rates.
“What Monetary Policy Tools Do Central Banks Typically Employ When Inflation Runs High?”
In today’s volatile global economic landscape, topics such as inflation, interest rates, and safe investment strategies are at the forefront of everyone’s minds.
