TPBank increases interest rates on savings deposits

TPBank is one of the latest commercial banks to adjust deposit interest rates upwards across various maturities.

TPBank (Tien Phong Bank) has also just increased savings deposit interest rates by approximately 0.2 percentage points for 1-month, 6-month, and 9-month terms; and by 0.1 percentage point for 3-month terms.

After the adjustment, online savings deposit interest rates at TPBank are 4.1%/year for 3-month terms and 5.1%/year for 6-month terms.

The highest interest rate at this bank is also 5.9%/year for long-term deposits of 24-36 months.

According to a reporter from Nguoi Lao Dong Newspaper, TPBank is one of the latest banks to adjust deposit interest rates upwards.

Since the beginning of November, many banks have joined the trend of increasing interest rates, including Nam A Bank, VPBank, Kienlongbank, LPBank, etc. Some banks explain that the increase in deposit interest rates is aimed at attracting deposits and retaining customers.

This widespread increase in interest rates shows that the capital mobilization race has become vibrant again in the fourth quarter of 2025, especially among joint-stock commercial banks, in order to anticipate the high demand for capital at the end of the year and narrow the gap between deposit and loan growth.

Vietcombank Securities (VCBS) forecasts that deposit interest rates may increase slightly again at some joint-stock banks at the end of the year to meet capital needs and control systemic risk.

However, lending interest rates will still be maintained at a low level in line with the orientation to support economic growth.