VIB: 5.5% interest rate for online term deposits

Jul 1st at 13:19
01-07-2016 13:19:18+07:00

VIB: 5.5% interest rate for online term deposits

Vietnam International Bank (VIB) will provide an annual interest rate of 5.5 per cent to enterprises opening online term deposits from July 1 to July 30.

The high interest rate will be applied for deposits in dong with terms from one to five months, VIB said in its latest press release.

"Digital banking is a trend seen in the global banking system. In Viet Nam, digital and e-banking have been developing significantly with many new products and services being introduced to customers," said Vuong Thi Huyen, VIB's head of Wholesale Banking.

"With the vision of becoming the most innovative and customer-centric bank in Viet Nam, VIB continues to invest in digital (banking), making ongoing efforts to introduce new and innovative products and services to our customers," she said.

VIB's online term deposit accounts will allow corporate customers to use its services without having to visit an office or branch of the bank.

Customers will only need to access "MyVIB," VIB's popular and user-friendly mobile and Internet banking applications, or they can simply visit VIB's brand new Internet Banking website to register and use the service.

The MyVIB mobile banking app was honoured with "Viet Nam's Outstanding Innovative Banking Product/Service Award" in 2015 from the International Data Group, in recognition of VIB's innovative approach through the introduction of the mobile banking app, new website and new VIB Apple Watch app.

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