Saigon-Hanoi Bank adjusts deposit rates of both dong and US dollar

Friday, May 23, 2008
From May 21, Saigon Hanoi Commercial Joint Stock Bank (SHB) officially applied the new deposit rates of both dong and US dollar.

In particular, as for dong, the terms of from four months to 13 months get the interest rates of 15% per year, from 24 months to 36 months 13.5% per year and one and two-month terms 14.5%.

The demand interest rates remain unchanged at 5% per year.

As for US dollar, terms of from one-month to three months, the interest rates is 6.5% per year, six months 7.0%, 24 months 7.15% and 36 months 7.2% per year.