# Vietnam banks H1 2026: Growth, debt risks, and capital moves

> Live situation record from CLSTR: https://clstr.news/situations/vietnam-bank-deposit-rate-hikes
> Updated: 2026-09-13T15:53:54.000Z. Sources: 36. Developments: 39.

Vietnam’s banking sector maintained strong momentum through H1-2026, characterized by record deposits and significant asset expansion. Total deposits reached 17.44 quadrillion VND by June, driven by a 7.1% rise in residential deposits. VPBank led the sector in asset growth, adding approximately 242,000 billion VND to reach 1,502 million billion VND, outpacing state-owned giants BIDV and Agribank. Profitability remained robust, with OCB reporting a 30% profit increase and ABBank posting 3,016 billion VND in pre-tax profits. By Q2 2026, net profit for 27 banks reached 88 trillion VND, an 18% increase from the previous quarter. Liquidity pressures eased in September 2026 as capital mobilization outpaced credit growth. As of August 22, VND mobilization increased by 8.77% since the start of the year, exceeding the 8.38% growth in credit outstanding. Interbank interest rates showed signs of cooling, with overnight rates at 1.5% per annum as of September 10. Despite this, deposit interest rates remain high due to strong demand for capital and a significant gap between credit and deposits. Savings rates continue to show wide variations. For 12-month terms, ACB and Sacombank offer high yields of 7.8% and 7.5% respectively, while the Big4 group maintains rates around 6.8%. For 6-month terms, ACB leads at 7.6%, while BVBank offers approximately 8.6% for first-time online depositors. Some institutions, including NCB and Sacombank, are also offering promotional real estate rewards for high-value depositors. By mid-September 2026, banks have increasingly promoted certificates of deposit (CDs) as high-yield alternatives to traditional savings. VPBank has listed CDs with rates reaching up to 9% per annum, while Vietcombank offers a 6-month CD at 7.5%, notably higher than its 6.6% online savings rate. However, these products may carry stricter liquidity conditions and different early withdrawal rules.

## Claims

- The industry-wide overdue debt ratio rose to 3.8% in H1 2026 from 3.3% at the end of 2025. (corroborated by 2 sources)
- The Net Interest Margin (NIM) for 27 banks rose to 3.15% in Q2 2026. (single source)
- Profit after tax attributable to shareholders (PATMI) for 27 banks reached 88,000 billion VND in Q2 2026. (single source)
- Total economic credit outstanding reached approximately 20.15 quadrillion VND as of July 29, 2026. (single source)
- The system-wide Loan-to-Deposit Ratio (LDR) remained around 115%. (single source)
- Twelve commercial banks registered for a credit program totaling approximately 408,000 billion VND to support SMEs and economic growth. (single source)
- Agribank registered 70,000 billion VND for the credit support program. (single source)
- BIDV registered 50,000 billion VND for the credit support program. (single source)
- Agribank offers 2.10% interest for 1-month terms and 4.70% for 12-month terms. (single source)
- BIDV offers 1.60% interest for 1-month terms and 4.70% for 12-month terms. (single source)
- Bac A Bank offers 5.90% interest for 18, 24, and 36-month terms. (single source)
- Vietbank changed its overdue debt collection order effective August 17, 2026. (single source)

## Timeline

### 2026-09-13: Vietnam banking sector offers credit insurance and savings management advice

Financial guidance for Vietnamese savers emphasizes strategic deposit laddering, choosing appropriate interest payment terms, and utilizing credit insurance to mitigate rural livelihood risks.

8 sources. https://clstr.news/cluster/vietnamese-banks-offer-varying-interest-rates-for-savings-and-cds

### 2026-09-11: Quảng Ninh police prosecute man for illegal bank account trading

Authorities in Quảng Ninh prosecuted a man for illegally trading 27 bank accounts and bypassing biometrics, while Vietnamese banks face high interest rates and ongoing debt recovery efforts.

6 sources. https://clstr.news/cluster/vietnam-banking-liquidity-eases-as-capital-mobilization-outpaces-credit-growth

### 2026-09-10: Vietnamese banks show varying savings interest rates

Savings interest rates in Vietnam show significant variation across 35 banks, with ACB and Sacombank offering high rates while the Big4 group maintains steady mid-range levels.

2 sources. https://clstr.news/cluster/vietnamese-banks-show-varied-savings-interest-rates

### 2026-09-07: Vietnam financial sector updates: Treasury digitization and banking interest rates

Vietnam's State Treasury is digitizing public investment payments while commercial banks offer diverse savings rates, ranging from 6.8% at state banks to 9.2% through specific digital bank promotions.

7 sources. https://clstr.news/cluster/vietnamese-banks-offer-varying-savings-interest-rates

### 2026-09-03: Vietnam banking sector: Interest rate variations and new debt collection rules

Vietnamese banks report varying deposit rates, with some offering up to 5.90%. New regulations also mandate principal-first debt collection for overdue loans.

3 sources. https://clstr.news/cluster/vietnam-banking-sector-interest-rate-variations-and-new-debt-collection-rules

### 2026-08-29: Vietnam depositors terminate savings accounts early for higher rates

Vietnamese depositors are increasingly terminating savings accounts early to switch to higher negotiated interest rates, which can reach 8-9% per annum, significantly higher than standard listed rates.

3 sources. https://clstr.news/cluster/vietnam-depositors-terminate-savings-accounts-early-for-higher-rates

### 2026-08-24: Vietnam banking sector faces rising overdue debt and liquidity pressures

Vietnam's banking sector faces rising overdue debt (3.8%) and liquidity pressures, even as Q2 2026 profits rise and banks commit 408,000 billion VND to support SMEs and economic growth.

10 sources. https://clstr.news/cluster/vietnamese-banking-sector-sees-record-service-profits-in-q2-2026

### 2026-08-18: Vietnam financial sector: High executive pay and bank capital shifts

Vietnamese financial reports show high executive pay at securities firms like HSC, while NCB aims to double its capital and OCB reports a 30% profit increase for the first half of 2026.

5 sources. https://clstr.news/cluster/vietbank-and-ncb-report-significant-financial-shifts-and-capital-expansion

### 2026-08-13: Vietnam banking sector undergoes regulatory and liquidity shifts

Vietnam's banking sector sees record consumer deposits exceeding 11 quadrillion VND amid new SBV regulations on fraud prevention, small-value loan thresholds, and capital adequacy requirements.

7 sources. https://clstr.news/cluster/vietnam-bank-deposits-reach-record-1744-quadrillion-vnd

### 2026-08-08: Vietnamese bank savings interest rates remain stable

Vietnamese bank savings rates remain stable, with ACB offering the market high of 7.8% for 12-month terms, while the Big4 group maintains a consistent 6.8% rate.

3 sources. https://clstr.news/cluster/vietnamese-bank-savings-interest-rates-remain-stable

### 2026-08-05: VPBank leads Vietnamese banks with record asset growth

VPBank added 242,000 billion VND to assets in H1 2026, a 19.2% rise that outstrips BIDV and Agribank combined, while NCB posted the fastest growth rate at 21.6%.

2 sources. https://clstr.news/cluster/vpbank-leads-vietnamese-banks-with-record-asset-growth

### 2026-08-05: Vietcombank raises average loan interest rate to 7.5% in June 2026

Vietcombank’s average loan rate hit 7.5% in June 2026, up from 7.2% in May, marking the fifth month of increases and widening the loan‑deposit spread to 3.6%.

4 sources. https://clstr.news/cluster/vietcombank-raises-average-loan-interest-rate-to-75-in-june-2026

### 2026-08-04: Vietnam banks keep deposit rates steady, ACB tops at 7.8% for 12‑month

A survey of 34 Vietnamese banks on Aug 4 shows deposit rates remain stable; ACB leads with 7.8% for 12‑month deposits, LPBank follows at 7.3%, while state‑owned banks keep rates around 6.8%.

3 sources. https://clstr.news/cluster/vietnam-banks-keep-deposit-rates-steady-acb-tops-at-78-for-12month

### 2026-08-03: Vietnam bank shares surge on earnings and new LDR rule

Vietnamese bank shares jumped on Aug 3, with MBBank up 6.7% and most banks gaining after Q2 earnings and a new LDR rule, while July had seen a broad decline in bank market cap.

3 sources. https://clstr.news/cluster/vietnam-bank-shares-surge-on-earnings-and-new-ldr-rule

### 2026-08-03: Vietnam's Military Bank MB offers 7% top deposit rate for 24‑60 month term

Vietnam's Military Bank MB posted a 7% annual rate for 24‑60 month online deposits, with lower rates for shorter terms. Experts advise matching deposit length to cash‑flow needs and using multiple terms forFlex

3 sources. https://clstr.news/cluster/vietnams-military-bank-mb-offers-7-top-deposit-rate-for-2460-month-term

### 2026-07-31: Vietnam banks hold deposit rates steady as July‑August survey shows

Vietnam’s deposit rates stayed stable in early August, with ACB leading at 7.8% for 12‑month terms and state banks holding at 6.8%, keeping the market spread unchanged.

5 sources. https://clstr.news/cluster/vietnam-banks-hold-deposit-rates-steady-as-julyaugust-survey-shows

### 2026-07-30: BVBank Leads Massive Profit Surge Among Vietnamese Banks in H1 2026

Vietnamese banks saw a profit surge in H1 2026, led by BVBank’s 486% rise, while employee wages rose at LPBank and Techcombank but fell at VPBank.

5 sources. https://clstr.news/cluster/bvbank-leads-massive-profit-surge-among-vietnamese-banks-in-h1-2026

### 2026-07-24: Vietnam banks post mixed H1 profits as deposits rise above 9%

Vietnam's major banks show divergent H1 2026 profits, with some posting sharp losses while others surge, as competition pushes deposit rates past 9% annually.

4 sources. https://clstr.news/cluster/vietnam-banks-post-mixed-h1-profits-as-deposits-rise-above-9

### 2026-07-21: Vietnam's PVcomBank approves 12,000 billion dong capital increase

PVcomBank approved a 12 trillion‑dong capital boost while Vietnam’s banks posted JPY to VND rates around 156‑168 VND per yen on 21 July 2026.

2 sources. https://clstr.news/cluster/vietnams-pvcombank-approves-12000-billion-dong-capital-increase

### 2026-07-21: ABBank boosts capital to near 16.1 trillion dong after share issuance

ABBank issued ~209.6 million shares, increasing its charter capital to roughly 16.1 trillion dong to bolster capital ratios, credit growth, and digital initiatives.

4 sources. https://clstr.news/cluster/abbank-boosts-capital-to-near-161-trillion-dong-after-share-issuance

### 2026-07-18: Vietnam banks post profit surge as digital transactions climb

Vietnamese banks saw strong H1 2026 profit growth, led by VPBank’s 68% profit jump and HDBank’s digital transactions up 35% in volume and 106% in value, signaling rapid cashless banking adoption.

3 sources. https://clstr.news/cluster/vietnamese-banks-see-digital-transaction-surge-and-profit-spikes

### 2026-07-16: Vietnam banks keep online deposit rates stable in July

July surveys show Vietnamese banks' online deposit rates stayed steady, with ACB topping at 7.3 % for 12‑month deposits and the state‑owned Big 4 at 6.8 %.

2 sources. https://clstr.news/cluster/vietnam-banks-keep-online-deposit-rates-stable-in-july

### 2026-07-14: Vietnam banks hold deposit rates steady as market stabilises

Vietnamese banks kept deposit rates stable in mid‑July, with ACB offering the peak 7.3% for 12‑month deposits and most rates staying between 6.6%‑6.9%, though some reports cite a possible 9.2% rate for a 13‑‑​

4 sources. https://clstr.news/cluster/vietnam-banks-hold-deposit-rates-steady-as-market-stabilises

### 2026-07-11: Vietnamese banks post profit surge as deposit rates climb and NPLs diverge

Vietnamese banks report strong half‑year profits, divergent NPL trends and a race to raise deposit rates, while digital banking usage surges.

9 sources. https://clstr.news/cluster/vietnam-banks-keep-12month-deposit-rates-clustered-around-687

### 2026-07-11: Vietcombank posts 9.8% asset growth in first half of 2026

Vietcombank’s assets rose 9.8% to VND 2.67 million trillion in H1 2026, credit to key sectors grew 8%, non‑performing loans stayed under 1%, and it launched QR cross‑border payments via Alipay+ in 60+ countries

3 sources. https://clstr.news/cluster/vietcombank-posts-98-asset-growth-in-first-half-of-2026

### 2026-07-09: Agribank launches 15,000 billion dong bond sale and secures 29.7 trillion dong capital boost

Agribank opened a 15 trillion‑dong bond sale and received a 29.7 trillion‑dong capital injection, boosting its charter capital to 81.3 trillion VND and reinforcing agricultural financing in Vietnam.

3 sources. https://clstr.news/cluster/agribank-launches-15000-billion-dong-bond-sale-and-secures-297-trillion-dong-capital-boost

### 2026-07-07: Vietnam banks show steady rates, profit surge and Agribank capital increase

Vietnam banks kept deposit rates steady (ACB up to 7.3%), ABBank posted an 80% profit rise, VietinBank assets hit 3 quadrillion VND, Agribank loan book passed 2 quadrillion VND and received a VND 9.5 trillion资本

4 sources. https://clstr.news/cluster/vietnam-banks-keep-deposit-rates-steady-in-july-2026

### 2026-06-29: Vietnam interbank rates surge to 13% as central bank provides short‑term liquidity

Vietnam’s interbank overnight rate jumped to 13 % on 30 June; the central bank responded with a one‑week USD/VND swap and VND auctions to ease liquidity pressure.

2 sources. https://clstr.news/cluster/vietnam-interbank-rates-surge-to-13-as-central-bank-provides-shortterm-liquidity

### 2026-06-27: Vietnam banks' 12‑month deposit rates hover between 6.8% and 7.3% in late June

Vietnam's banks show stable deposit rates in late June, with ACB at 7.3% for 12‑month terms and state‑owned banks holding 6.8%, while rates range down to 3.7%.

2 sources. https://clstr.news/cluster/vietnam-banks-12month-deposit-rates-hover-between-68-and-73-in-late-june

### 2026-06-25: Saigonbank Tops Vietnam Deposit Rates with 7.2% for 12‑Month Term

Saigonbank leads Vietnam’s 12‑month deposit rates at 7.2 %, while the Big 4 hold 6.8 % and other banks range down to 3.7 %.

2 sources. https://clstr.news/cluster/saigonbank-tops-vietnam-deposit-rates-with-72-for-12month-term

### 2026-06-23: Vietnam banks keep short‑term deposit rates at 4.75% as ceiling

Vietnam’s top banks hold 3‑month deposit rates at the 4.75% ceiling, while Saigonbank offers the highest 12‑month rate at 7.2%.

2 sources. https://clstr.news/cluster/vietnam-banks-hold-shortterm-deposit-rates-at-475-and-12month-rates-near-7

### 2026-06-20: Vietnam banks' June deposit rates: ACB tops at 7.3% annual

June 2024 Vietnamese deposit rates show ACB leading at 7.3% annual; state‑owned banks hold 6.8%, while rates range from 3.7% to 7.3% across institutions.

3 sources. https://clstr.news/cluster/vietnam-banks-june-deposit-rates-acb-tops-at-73-annual

### 2026-06-18: Vietnam banks' deposit rates diverge, ACB leads with 7.3% annual yield

Vietnam's June surveys show deposit rates split, with ACB at 7.3% the highest and state banks at 6.8%; the gap between top and bottom rates is about 3.6 points.

2 sources. https://clstr.news/cluster/vietnam-banks-deposit-rates-diverge-acb-leads-with-73-annual-yield

### 2026-06-17: Bank Deposit Rate Pressures Spur Competition and Margin Squeeze

Rising deposit rates and emerging stablecoin competition are squeezing bank margins, prompting higher‑rate offers and AI‑driven deposit strategies, with Vietnam banks seeing NIMs fall in Q1 2026.

2 sources. https://clstr.news/cluster/bank-deposit-rate-pressures-spur-competition-and-margin-squeeze

### 2026-06-14: Vietnam Household Bank Deposits Reach Record 10.56 trillion VND

Vietnam’s household bank deposits hit a record 10.56 trillion VND in March 2026, up 2.19% YoY, as banks raise savings rates to 7‑9% amid abundant idle cash.

3 sources. https://clstr.news/cluster/vietnam-household-bank-deposits-reach-record-1056-trillion-vnd

### 2026-06-13: Vietnam banks offer up to 7% annual savings rates, widening gap across institutions

Vietnam banks' 12‑month savings rates range from 3.7 % to 7 %, a 3.3‑point spread that can add tens of millions of VND in interest on a 1 billion VND deposit.

4 sources. https://clstr.news/cluster/vietnam-banks-offer-up-to-7-annual-savings-rates-widening-gap-across-institutions

### 2026-06-07: Vietnam banks keep savings rates near 7% as fraud warnings rise

Vietnam’s major banks hold term‑deposit rates around 7% annually, with state banks at 6.8% for 12‑month terms. Promoted yields may reach 7.5‑8%, but authorities warn of scams offering 8‑9%+ returns.

3 sources. https://clstr.news/cluster/vietnams-major-banks-keep-687-savings-rates-as-depositscam-warnings-rise

### 2026-06-04: Vietnam's banks face deposit rate disputes and scam warnings

Agribank announced deposit rates up to 6% and a prize draw, warning of high‑yield scams. A court upheld a Vietnamese bank’s automatic renewal of savings accounts, denying an elderly man’s claim for original‑era

3 sources. https://clstr.news/cluster/agribank-lifts-savings-rates-to-6-and-launches-45-billiondong-prize-contest

### 2026-06-02: Vietnamese banks lift savings deposit rates in June 2026

Agribank's June 2026 rates top out at 6 % for 24‑month deposits, while Cake by VPBank offers up to 8.9 % for new savers and 8.7 % for existing customers with bonuses on longer terms.

2 sources. https://clstr.news/cluster/vietnamese-banks-lift-savings-deposit-rates-in-june-2026

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Cite as: Vietnam banks H1 2026: Growth, debt risks, and capital moves. CLSTR, https://clstr.news/situations/vietnam-bank-deposit-rate-hikes