Big banks pay high volume of deposit interest in 2016VietNamNet Bridge - More than VND100 trillion was paid by the eight biggest commercial banks to depositors in 2016. As such, the average interest rate depositors could enjoy was 4 percent per annum.At present, the most expensive car in the world is valued at $3.9 million, or VND85 billion. This means that the huge amount of money banks paid for deposit interest in 2016 was high enough to buy 1,130 cars of this kind. This means that deposits at BIDV were 1.2 times higher than at Vietcombank.Meanwhile, BIDV had to pay VND32.248 trillion to depositors, while Vietcombank paid VND17.949 trillion. The interest rates offered by BIDV are higher than Vietcombank for all terms of deposits.

Source: VietNamNet News February 13, 2017 01:18 UTC