ABBank applies interest rate 18.2% per year

From June 20, An Binh Commercial Joint Stock Bank (ABBank) officially applied deposit rate of 17.8% per year as for one-month term deposit receiving the interest rate at the end of terms, three months at 18%, and from six to 12 months 18.2% per year.

In addition, ABBank also officially applied new interest rate benchmark as for US dollar deposits whereby one-month term will get the interest rate of 7.3% per annum, six months 7.5%, 12 months 7.7% and 13 months 8% per annum.

ABBank also applied the progressive interest rates as for both dong and US dollar deposits, except demand deposits. Particularly, the interest rates as for deposits worth from 100-500 million dong will be added by 0.2% per year, from 500 million-one billion dong by 0.3%, one-five billion dong by 0.4% and from five billion dong and higher by 0.5%