Banks 'race' retention deposit

Package "Saving USD a day term" Bank's chong set Joint Stock recently launched is the one way to "question" Depositors. Stay true to the law, the bank applies chong set  the highest interest rate is only 14% a year, but with paragraphs 50 million and under five billion posts a day, guests will enjoy the interest rate from 8 to 12% a year.

Commercial Bank West Tuesday 12 / 9 chong set  also began to make savings program "Flexible Deposit Date". Term for this type of savings is 1-6 days, the interest rate applied is 14% a year. According to the counselor, the type of savings is consistent with almost all subjects, from more to less capital funds. But the added advantage of this method is the amount "more than laying out" because the form of interest on account of interest added to principal.


For example, with 100 million in deposits camera quan sat  and send forward a day to day Monday, customers camera quan sat will be charged interest based on the initial amount of 100 million, plus interest accrued the previous day. Just less than a day camera quan sat after the announcement of 14%, the West Bank fell from 13.9 days of term 1. The formula for calculating interest is: 0.139 x deposit amount: 365.

The first day, the interest for tong dai dien thoai 100 million will be about 38,000 dong. However, the next day, the amount of interest will be higher by the interest rate will be calculated on the old original plus the newly emerging interest. Thanks to the interest added to principal and interest, including interest calculated monthly by date of deposit with 14% a year is also very attractive compared to the creep rates that banks apply ago. tong dai dien thoai Besides, this kind of time is flexible, can draw at any time and still enjoy high interest rates.

In fact, the trend growth rate for the short term is not new to emerge, but many banks have been "noticed" a few months ago. But these days, many new banks after continuous application of the State Bank "beheaded" mobilize some units over the ceiling.
According to experts, in the tong dai dien thoai context of the specified interest rate on a current relationship, attachment factors is true customer service, quality and the bank's stand for our customers. Do not speak up, but leader tong dai dien thoai of a joint-stock commercial bank in Hanoi to share, to retain customers, both loans and customer deposits, all thanks to the strategy of "do not give customers a difficult time."

He said not now apply this new unit interest rate 17-19%. Before the suggestion of the Governor, the bank also has a lot of people borrow money at interest rates equal to or lower than this, so many customers to remember. He said confidently, though not a bank located in the "top" the application of high interest rate ceiling, but not when the source of liquidity problems.
According to Mr. Phung Duy Khuong, tong dai dien thoai Director of Personal Banking of Maritime Bank, for the banks is not too hard on liquidity, the deposit rate ceiling squeeze almost the opportunities for the application this position. Therefore, improving the quality of service is definitely top issues of concern banks today.

Mr. Phan Dao Vu, camera General Director of Vietnam Bank Bao said that the unit does not exceed the ceiling was raised, bringing about a level of interest rates would force banks to find ways to attract customers. However, the ful camera l unit of liquidity will not find ways to attract deposits from customers.

Earlier, State Bank, recently issued a circular camera officially launched the button to remove the unit really hard on liquidity can access cheap funds from the interbank market. In addition, prior to the meeting Monday 7 / 9, the central bank also hinted 15,000 billion support package and the excess reserve requirement camera of about 37,000 billion to "rescue" the banks have capital constraints .