Agribank, the Vietnam Bank for Agriculture and Rural Development, currently offers a maximum interest rate of 6.0% per annum on personal savings deposits, according to the bank’s latest published interest rate schedule. For individual depositors placing a principal of 50 million VND into a savings account, this top-tier annual rate results in a gross interest … Read more
Techcombank is offering interest rates of up to 6.9% per annum on its Phát Lộc Online deposit product, according to the bank’s latest digital savings schedule. The product allows customers to open accounts exclusively through the Techcombank mobile application, providing higher yields than traditional over-the-counter deposits for specific term lengths. The Phát Lộc Online product … Read more
Global deposit rates are experiencing a notable shift, with some institutions now offering returns exceeding 8% for six-month terms. This trend, particularly evident in South Korea, is driven by competitive pressures among banks and the introduction of incentive programs, primarily focused on online deposit channels. The increasing rates are offering savers a more attractive return … Read more