VIBBank hikes saving rates

Thursday, May 22, 2008
Vietnam International Commercial Joint Stock Bank (VIBBank) announced that from May 20, it officially increased the interest rates of both dong and US dollar.

Accordingly, VIBBank's 12-month term saving rates will be 15% a year in dong and 6.5% pa in US dollar, nine months 14.5% and 6.8% pa, six months at 14.5% and 7.0% pa, three months at 14.5% and 6.8% pa and one-month at 13.5% and 6.5% pa respectively.

Recently, the bank launched the programme of "close customer care" to all individual customers whereby as for each saving worth one million dong within one-month, saver will receive 50 bonus points. The bonus points will be added together and converted to valuable presents.