Rare lull in interest rate market

Bank interest rates today September 10, 2025, are deposit interest rates still attractive to depositors when very few banks have changed deposit interest rates in recent times?

Interest rates mobilized in the domestic market continued to remain unchanged in recent days.

Since the beginning of August, only An Binh Bank (ABBank) has officially adjusted its deposit interest rates by announcing a reduction of 0.1%/year for all deposit terms from 1-60 months.

Some banks have made "conservative" adjustments by giving depositors additional interest rates, but only for a limited period and with mandatory conditions.

In August, MB Bank offered an additional 0.3%/year savings interest rate for customers depositing money for a term of 1-6 months; Techcombank added an additional 0.5%/year savings interest rate for customers depositing money for a term of 3, 6, 12 months; Eximbank announced the expansion of its "Combo Casa" savings product with online deposits, with the highest savings interest rate being 6%/year for a term of 18-36 months applicable to Infinite customers.

In September, Vikki Bank announced an additional 0.4%/year interest rate on deposits from September 3 to September 30 for customers over 80 years old, and from September 3 to December 31 for customers in the armed forces.

According to the State Bank's statistics on the currency market in the most recent week, from September 3-5, the State Bank withdrew a net VND30,725 billion on the OMO channel. Specifically, through the term purchase transaction, the State Bank injected more than VND49,429 billion (terms of 7 days, 14 days, 28 days, interest rate of 4%/year), while VND80,154 billion issued previously had matured.

In the past two weeks, the State Bank has resumed net withdrawal activities, but on a rather modest scale. To date, there are still about VND150,000 billion in circulation on the OMO channel. The net withdrawal is mainly through passive maturity, while the State Bank has stopped issuing treasury bills since July.

According to BVSC Securities Company, this shows that the management agency still wants to maintain liquidity in the system, supporting credit growth and the economy . In general, the monetary policy of the State Bank in recent times has been flexible, both supporting exchange rate stability and ensuring liquidity of the banking system.

Meanwhile, overnight, one-week, and two-week interbank interest rates increased again to 4.7% per year, 4.8% per year, and 5.13% per year, respectively. The increase in interest rates has helped to reduce pressure on the exchange rate.

The big move in major economies is that the European Central Bank (ECB) is expected to keep interest rates unchanged at its meeting this Thursday. The hawkish stance at its July meeting, the EU-US trade deal and better-than-expected economic data have all dampened expectations for further policy easing.

Markets now see only a 30% chance of the ECB cutting rates before December, while a Reuters survey found economists also believe the ECB will remain on hold through 2025.

INTEREST RATE TABLE FOR ONLINE DEPOSITS AT BANKS ON SEPTEMBER 10, 2025 (%/YEAR)
BANK	1 MONTH	3 MONTHS	6 MONTHS	9 MONTHS	12 MONTHS	18 MONTHS
AGRIBANK	2.4	3	3.7	3.7	4.8	4.8
BIDV	2	2.3	3.3	3.3	4.7	4.7
VIETINBANK	2	2.3	3.3	3.3	4.7	4.7
VIETCOMBANK	1.6	1.9	2.9	2.9	4.6	4.6
ABBANK	3.1	3.8	5.3	5.4	5.6	5.4
ACB	3.1	3.5	4.2	4.3	4.9
BAC A BANK	3.8	4.1	5.25	5.35	5.5	5.8
BAOVIETBANK	3.5	4.35	5.45	5.5	5.8	5.9
BVBANK	3.95	4.15	5.15	5.3	5.6	5.9
EXIMBANK	4.3	4.5	4.9	4.9	5.2	5.7
GPBANK	3.95	4.05	5.65	5.75	5.95	5.95
HDBANK	3.85	3.95	5.3	5.3	5.6	6.1
KIENLONGBANK	3.7	3.7	5.1	5.2	5.5	5.45
LPBANK	3.6	3.9	5.1	5.1	5.4	5.4
MB	3.5	3.8	4.4	4.4	4.9	4.9
MBV	4.1	4.4	5.5	5.6	5.8	5.9
MSB	3.9	3.9	5	5	5.6	5.6
NAM A BANK	3.8	4	4.9	5.2	5.5	5.6
NCB	4	4.2	5.35	5.45	5.6	5.6
OCB	3.9	4.1	5	5	5.1	5.2
PGBANK	3.4	3.4	5	4.9	5.4	5.8
PVCOMBANK	3.3	3.6	4.5	4.7	5.1	5.8
SACOMBANK	3.6	3.9	4.8	4.8	5.3	5.5
SAIGONBANK	3.3	3.6	4.8	4.9	5.6	5.8
SCB	1.6	1.9	2.9	2.9	3.7	3.9
SEABANK	2.95	3.45	3.45	4.15	4.7	5.45
SHB	3.5	3.8	4.9	5	5.3	5.5
TECHCOMBANK	3.45	4.25	5.15	4.65	5.35	4.85
TPBANK	3.7	4	4.9	5	5.3	5.6
VCBNEO	4.35	4.55	5.6	5.45	5.5	5.55
VIB	3.7	3.8	4.7	4.7	4.9	5.2
VIET A BANK	3.7	4	5.1	5.3	5.6	5.8
VIETBANK	4.1	4.4	5.4	5.4	5.8	5.9
VIKKI BANK	4.15	4.35	5.65	5.65	5.95	6
VPBANK	3.7	3.8	4.7	4.7	5.2	5.2

BANK	1 MONTH	3 MONTHS	6 MONTHS	9 MONTHS	12 MONTHS	18 MONTHS
AGRIBANK	2.4	3	3.7	3.7	4.8	4.8
BIDV	2	2.3	3.3	3.3	4.7	4.7
VIETINBANK	2	2.3	3.3	3.3	4.7	4.7
VIETCOMBANK	1.6	1.9	2.9	2.9	4.6	4.6
ABBANK	3.1	3.8	5.3	5.4	5.6	5.4
ACB	3.1	3.5	4.2	4.3	4.9
BAC A BANK	3.8	4.1	5.25	5.35	5.5	5.8
BAOVIETBANK	3.5	4.35	5.45	5.5	5.8	5.9
BVBANK	3.95	4.15	5.15	5.3	5.6	5.9
EXIMBANK	4.3	4.5	4.9	4.9	5.2	5.7
GPBANK	3.95	4.05	5.65	5.75	5.95	5.95
HDBANK	3.85	3.95	5.3	5.3	5.6	6.1
KIENLONGBANK	3.7	3.7	5.1	5.2	5.5	5.45
LPBANK	3.6	3.9	5.1	5.1	5.4	5.4
MB	3.5	3.8	4.4	4.4	4.9	4.9
MBV	4.1	4.4	5.5	5.6	5.8	5.9
MSB	3.9	3.9	5	5	5.6	5.6
NAM A BANK	3.8	4	4.9	5.2	5.5	5.6
NCB	4	4.2	5.35	5.45	5.6	5.6
OCB	3.9	4.1	5	5	5.1	5.2
PGBANK	3.4	3.4	5	4.9	5.4	5.8
PVCOMBANK	3.3	3.6	4.5	4.7	5.1	5.8
SACOMBANK	3.6	3.9	4.8	4.8	5.3	5.5
SAIGONBANK	3.3	3.6	4.8	4.9	5.6	5.8
SCB	1.6	1.9	2.9	2.9	3.7	3.9
SEABANK	2.95	3.45	3.45	4.15	4.7	5.45
SHB	3.5	3.8	4.9	5	5.3	5.5
TECHCOMBANK	3.45	4.25	5.15	4.65	5.35	4.85
TPBANK	3.7	4	4.9	5	5.3	5.6
VCBNEO	4.35	4.55	5.6	5.45	5.5	5.55
VIB	3.7	3.8	4.7	4.7	4.9	5.2
VIET A BANK	3.7	4	5.1	5.3	5.6	5.8
VIETBANK	4.1	4.4	5.4	5.4	5.8	5.9
VIKKI BANK	4.15	4.35	5.65	5.65	5.95	6
VPBANK	3.7	3.8	4.7	4.7	5.2	5.2

PV (synthesis)

Source: https://baohaiphong.vn/khoang-lang-hiem-co-tren-thi-truong-lai-suat-520397.html