To diversify deposit types of personal and corporate customers, on 28/09/2019, SCB issued 469-day term deposit certificates with interest to be received at maturity. Customers earn the surpassing interest rate up to 8.8%.
Accordingly, SCB issued long-term deposit certificates with 05 denominations including VND100 million, VND200 million, VND 500 million, VND 01 billion and VND 02 billion. When in need of fund, owners are able to sell, donate, exchange such certificates at any transaction outlets of SCB. This will enhance the safety and flexibility of the products while customers are still earning competitive interest rates compared to normal deposit certificates with similar terms. Moreover, this type of deposit certificate can be pledged at SCB and other credit institutions.
Ms. Tran Thi Minh Thao – Head of Personal and Finance Service Division said that these deposit certificates at the bank are applying attractive interest rates with flexible transfer policies, helping customers benefit from idle cash.
In 05/2018, SCB issued short-term deposit certificates and they were well-received from 29,000 customers.
At the same time, SCB’s short-term deposit certificates achieved many awards such as: Best Deposit Certificate Vietnam 2018” by Global Banking and Finance Review, “Outstanding Innovative Banking Product/Service 2018” by IDG; “Deposit Product of The Year” by The Asian Banker.