What are the deposit and lending interest rates at Hai Duong Bank?

Interest rates for short-term loans at Big 4 banks range from 5.5%/year (illustrative photo)

Surveyed at some joint stock commercial banks without State capital in the province, including Hai Duong branches of Sacombank, Bac A, SCB, VPBank, the interest rate of savings deposits with interest paid at maturity (interest received at maturity) for 3 months is around 3.5-3.6%/year, 6-month and 9-month terms are similar at 4.7-4.9%/year, 12-month terms are at 5.2-5.4%/year. The above interest rates increased by 0.2-0.4%/year for all terms compared to the interest rate schedule applied in the previous month.

Bac A Bank alone has the highest interest rate among the surveyed banks. For savings under 1 billion VND, the interest rate for 3-month term is 3.9%/year, 6-month term is 5.15%/year, 9-month term is 5.25%/year, 12-month term is 5.75%/year. The interest rate for savings deposits of 1 billion VND or more is 0.2%/year higher.

For the Big 4 state-owned banks ( Agribank , BIDV, Vietcombank, VietinBank), the interest rate for 3-month term deposits is 2.2-2.3%/year, 6-month and 9-month terms is 2.9-3.2%/year, and 12-month terms is 4.6-4.7%/year.

Regarding lending rates at Big 4 banks, for individuals, regular loans have short-term lending rates of around 6.5-6.8%/year, medium and long-term loans have lending rates of around 9.1-9.3%/year. For businesses, short-term lending rates are from 6%/year, medium and long-term loans are from 9%/year.

In addition, many banks continue to implement preferential interest rate credit packages for both individual and corporate customers. Depending on each customer and specific credit package, short-term loan interest rates can range from 5.5-5.7%/year, medium and long-term from 6.5-7%/year, an increase of 0.5%/year compared to before.

HA KIEN

Source: https://baohaiduong.vn/lai-suat-huy-dong-va-cho-vay-o-ngan-hang-hai-duong-the-nao-389781.html