Bank Raises Savings Interest Rates: Up to 9.65% Annually

An Binh Commercial Joint Stock Bank (ABBank) has significantly adjusted its deposit interest rates, with increases applied to most term deposit periods. The new rate schedule officially takes effect from January 7, 2026, reflecting increases ranging from 0.4% to 1.2% per annum across terms from 1 to 60 months.

According to the newly announced over-the-counter deposit interest rate schedule, the 1-2 month term with interest paid at maturity is listed at 3.8% per annum, increasing by 0.8% and 0.6% per annum, respectively, compared to previous rates. Terms from 3 to 5 months have also been adjusted upward by 0.3% per annum, reaching 4% per annum.

Notably, over-the-counter deposit rates for terms from 6 to 60 months are uniformly listed at 6.3% per annum by ABBank. With this rate, ABBank currently offers the highest deposit interest rate for terms ranging from 6 to 11 months.

Specifically, the over-the-counter rates for 6-month and 24-month terms increased by 1.1% per annum; terms from 7 to 11 months and 13 to 18 months increased by 1% per annum; while longer terms from 36 to 60 months increased by 0.3% per annum. ABBank currently applies a 6.3% per annum interest rate for these terms.

In addition to the standard rate schedule, ABBank offers an interest rate of up to 9.65% per annum for 13-month term deposits under specific conditions.

This rate serves as the reference rate for adjusting lending rates in contracts with agreements based on “ABBank’s 13-month VND term deposit rate with interest paid at maturity plus a margin.” Additionally, this 13-month rate applies to deposits of 1.5 trillion VND or more, subject to approval by the CEO of ABBank.

Not only have over-the-counter rates been adjusted, but ABBank has also significantly increased online deposit interest rates for individual customers with interest paid at maturity. According to the updated rate schedule from January 8, online rates for 1-2 month terms have been raised to 4% per annum, following increases of 0.9% and 0.7% per annum, respectively.

Terms from 3 to 5 months have been adjusted upward by 0.4% per annum, reaching 4.2% per annum. This marks the first time since January 2024, after more than two years, that deposit rates for terms under 6 months at ABBank have surpassed the 4% per annum threshold.

For the remaining terms, online savings rates from 6 to 60 months are uniformly listed at 6.5% per annum by ABBank – the highest among its current deposit products. Among these, the 6-month and 24-month terms saw the most significant increases, up to 1.2% per annum; terms from 7 to 11 months and 13 to 18 months increased by 1.1% per annum; the 12-month term increased by 0.9% per annum; and longer terms from 36 to 60 months increased by an additional 0.4% per annum.

Previously, in mid-December 2025, ABBank had also adjusted online deposit rates for terms from 36 to 60 months, increasing them by 0.8% per annum.