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Vietnam banking sector: Interest rate variations and new debt collection rules
Vietnamese banks are showing varied deposit interest rates as of September 3, 2026. Major state-owned banks like Agribank and BIDV offer rates around 4.70% for 12-month terms. In contrast, private banks such as Bac A Bank and ABBank are providing higher yields, with Bac A Bank offering 5.90% for long-term deposits of 18 to 36 months.
In regulatory developments, Vietbank has implemented a new order for collecting overdue debts following the effective date of Circular 29/2026/TT-NHNN. Under this new regulation from the State Bank of Vietnam, banks are required to collect principal before interest for overdue loans. Additionally, the threshold for defining small-value loans has been raised from 100 million VND to 400 million VND at credit institutions, and to 200 million VND at people's credit funds, aiming to simplify appraisal procedures for consumer loans.
Entities
Agribank · BIDV · Bac A Bank · State Bank of Vietnam · Vietbank
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Bac A Bank offers 5.90% interest for 18, 24, and 36-month terms. doanhnghiephoinhap.vn
- [○ 1 SOURCE] BIDV offers 1.60% interest for 1-month terms and 4.70% for 12-month terms. doanhnghiephoinhap.vn
- [○ 1 SOURCE] Circular 29/2026/TT-NHNN mandates that banks collect principal before interest for overdue debts. kenh14.vn
- [○ 1 SOURCE] Agribank offers 2.10% interest for 1-month terms and 4.70% for 12-month terms. doanhnghiephoinhap.vn
- [○ 1 SOURCE] Vietbank changed its overdue debt collection order effective August 17, 2026. kenh14.vn
- [○ 1 SOURCE] The threshold for small loans was increased from 100 million VND to 400 million VND at credit institutions. kenh14.vn