SeABank increases deposit interest rate ceiling to 9.99%/year

icon calendar21/11/2009

From November 11th 2009, South-east Asia Bank (SeABank) adjusts its schedule of interest rates applicable to VND, USD and EUR. The highest rate applicable to VND, USD and Euro deposits is 9.99% per year, 3.70% oer year and 2.00% per year, respectively.

For VND term deposits, interest rates for short-term deposits are up with the highest increase of 0.6% per year. Concretely, for week-term deposits: 01 week (7.80% per year), 02 weeks (8.10% per year), 03 weeks (8.40% per year). Rates for other tenors: 01 month (9.60% per year), 02 months (9.75% per year), 03 months (9.90% per year), 06 months (9.75% per year), 07 and 09 months (9.54% per year), 12 13 months (9.60% per year), 15, 18 and 24 months (9.75% per year).

The interest rates for VND band deposits are adjusted with the highest increase of 0.6% per year, peaking at 9.99% per year. Deposits with tenor of 15, 18 and 24 months have the same interest rates of 9.78 – 9.84% per year. Rates for 12 and 13-month tenor are from 9.63 – 9.69% per year, 07 and 09 months:  9.57 – 9.63% per year, 06 months: 9.78 – 9.84% per year, 03 months: 9.93 – 9.99% per year, 02 months: 9.78 – 9.84% per year, 01 month: 9.63 – 9.69% per year.

For USD deposits, interest rates are adjusted with the highest increase of 0.1% per year against the former rate schedule. Namely: 24 months (3.70% per year), 18 months (3.60% per year), 12 and 13 months (3.50% per year), 09 and 06 months (3.40% per year), 03 months (3.20% per year), 02 months (2.90% per year), 01 months (2.60% per year). Rate for 01, 02 and 03 week deposits is 1.00%/năm.

Interest rates for EUR deposits are also adjusted with the highest rate of 2.00% per year for 12, 18 and 24-month tenors, 09-month tenor (1.85% per year), 06 months (1.80% per year), 03 months (1.75% per year), 02 months (1.40% per year), 01 months (1.25% per year). The rate of 1.00% per year is applicable to 01, 02, and 03-week tenors.

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