INTEREST RATE

DEPOSIT RATE

Deposits effect date at: 02/11/2020
  CORPORATE INDIVIDUAL
VietNam Dong (VND)
Minimum Amount 5,000,000 5,000,000
Demand Deposit (%/Year) 0.20 0.20
Time Deposit (%/Year)
TENORS INTEREST PAID AT MATURITY INTEREST PAID QUARTERLY INTEREST PAID MONTHLY INTEREST PREPAID INTEREST PAID AT MATURITY INTEREST PAID QUARTERLY INTEREST PAID MONTHLY INTEREST PREPAID
1 Week 0.20       0.20      
2 Week 0.20       0.20      
3 Week 0.20       0.20      
1 Month 2.50       3.00      
2 Month 2.60   2.60   3.10   3.10  
3 Month 3.00   2.99   3.20   3.19  
6 Month 4.40   4.36   4.70   4.65  
9 Month 4.60   4.53   4.80   4.72  
12 Month 5.30   5.18   5.50   5.37  
13 Month 5.40   5.26   5.70   5.54  
18 Month 5.50   5.30   5.80   5.57  
>= 24 Month 5.50   5.23   5.80   5.50  
US Dollar (USD)
Minimum Amount 200.00 200.00
Demand Deposit (%/Year)    
Time Deposit (%/Year)
TENOR INTEREST PAID AT MATURITY INTEREST PAID QUARTERLY INTEREST PAID MONTHLY INTEREST PREPAID INTEREST PAID AT MATURITY INTEREST PAID QUARTERLY INTEREST PAID MONTHLY INTEREST PREPAID
1 Month                
2 Month                
3 Month                
6 Month                
9 Month                
12 Month                
13 Month                
18 Month                
24 Month                

* NOTES:

Minimum amount applicable for time deposits only

Interests are calculated on the basis of 365 days per year

For withdrawal before maturity, the demand deposit interest rate at the time of withdrawal shall be applied, and with the amount more than VND10 billion or USD500,000.00, customers should inform our bank at least one working day in advance.

Interest rates applied for deposits less than VND10 Billion or USD500,000.00. Deposit rates for amount more than VND10 Billion or USD500,000.00 will be subject to negotiation in accordance with SBV's current regulations.

Tenors with no rates (Time Deposits with interest paid at maturity) do not mean such tenors are not available. Please customers who wish to deposit more than VND10 Billion or USD500,000.00 under special term contact us in advance for best offer.

These are maximum IVB deposit rates at each tenor. IVB branches may negotiate/quote with customers to have suitable rates.

 

FLEXIBLE ACCRUAL DEPOSIT RATE

Flexible Accrual Deposits effect date at: 02/11/2020
TENORS US DOLLAR (USD) VIETNAM DONG (VND)
Period of deposit Period of deposit
1M 2M 3M 6M 1M 2M 3M 6M
Minimum Amount         200,000 200,000 200,000 200,000
Non - Term         0.20 0.20 0.20 0.20
6 Month         4.40 4.30 4.20  
9 Month         4.60   4.20  
12 Month         5.10 4.90 4.50 4.40
24 Month         5.30 5.10 4.60 4.50
36 Month         5.40 5.20 4.70 4.60
48 Month         5.50 5.30 4.80 4.70
5 - 15 Year         5.60 5.40 4.90 4.80

INTEREST RATES FOR REGISTERED CERTIFICATE OF DEPOSIT

Effective from: 02/11/2020
Tenor Coupon rate (%)
01 month 2.50
02 months 2.60
03 months 3.00
06 months 4.40
09 months 4.60
12 months 5.30
13 months 5.40
18 months 5.50
24 months 5.50
36 months 5.50

* NOTES:

Coupon rate is fixed rate for annually and are calculated on the basis of 365 days per year.

The customers are permitted to transfer owned Certificates of Deposits to other Individual and Corporate (not included Credit Institutions) under the remaining term. IVB do not pre-purchase the Certificates of Deposits before the maturity.

 

BASED RATE

Effective from: 23/11/2020
1. FOR SHORT TERM LOAN
1.1 Base rates applied to fixed rate short term loans as followed:
Currency VND USD
Interest applied term 1M 3M 6M 12M 1M 3M 6M 12M
Base rate applied (%) 4.59 5.62 5.76 6.50 1.74 2.17 2.21 2.33
Rounding rules for Base rates applied to fixed rate short term loans as followed:
Lending term Base rate term applied
≤ 1 month 1M Base rate
2, 3 months 3M Base rate
4, 5, 6 months 6M Base rate
7,8,9,10,11,12 months 12M Base rate
1.2 Base rates applied to floating rate short term loans which are repriced monthly as followed:
Repricing term Lending Term
VND USD
≤1M >1M - 3M >3M - 6M >6M - 12M ≤1M >1M - 3M >3M - 6M >6M - 12M
01 months (%) 4.59 4.79 4.99 5.19 1.74 2.07 2.11 2.23
2. FOR MEDIUM AND LONG-TERM LOANS
2.1 Base rates applied to floating rate medium-and-long-term loans as followed:
Repricing term Lending Term
VND USD
>1Y - 2Y >2Y - 3Y >3Y - 4Y >4Y - 5Y >5Y >1Y - 2Y >2Y - 3Y >3Y - 4Y >4Y - 5Y >5Y
01 months (%) 5.30 5.40 5.50 5.60 5.85 2.58 2.62 2.75 2.85 2.99
03 months (%) 6.15 6.25 6.35 6.45 6.70 2.78 2.82 2.95 3.05 3.19
2.2. In case of medium-and-long-term loans with initial fixed rate period (06 – 24 months):
- Applied according to loan products and regulations in each period
- After the fixed rate period, these medium-and-long-term loans will be automatically applied Base rates according to Article 2.1

* NOTES:

For loans reviewed monthly: The interest rate review date is the first day of month.

For loans reviewed quarterly: The interest rate review date is the first day of quarter, which are January 1st (01/01), April 1st (01/04), July 1st (01/07), October 1st (01/10).

In case of interest rate review date is on weekends, holidays or non – operating days of the Bank, the interest rate review date will be moved to the next working date.

For other cases, customers can contact the Bank.

 

Tool & Support

We are ready to help you.