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A planned new wage framework is expected to take effect from July 1, according to the article.
MSB Bank has announced an increase in deposit rates across all tenors, according to its latest online deposit-rate schedule. The bank raised rates uniformly across the standard deposit bands, with larger adjustments in the mid- to longer-term ranges.
For standard online deposits, MSB Bank set the following rates:
The online deposit-rate chart reflects the bands at 4.75% for 1–5 months, 6.4% for 6–11 months, and 6.8% for 12–36 months.
For counter deposits, MSB Bank adjusted rates in a similar direction but with smaller increases:
MSB Bank also applies higher rates for first-time deposit customers. The schedule lists:
In addition, the bank offers a special rate of up to 9% per year for 12–13 month deposits. The offer is described as higher than usual by 1.5–2.5 percentage points, with eligibility requiring a minimum balance of 500 billion VND.
Source: NSB.
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