Tuesday, December 6 2016

VietNamNews

Banks offering post-Tet holiday promotions to attract depositors

Update: February, 18/2016 - 09:25
Depositors of Eximbank also get a high rate between 5.4 per cent and 6.9 per cent for their savings during this occasion. — Photo kinhdoanhnet
HA NOI  (VNS) — Local commercial banks are offering diversified promotion programmes to attract depositors at first working days after Tet (Lunar New Year).

Deputy Director of Sacombank Nguyen Minh Tam said that commercial banks often give lucky draw or lucky money programmes to attract depositors at the occasion.

Tam said that his bank's deposits at the first working days after Tet increased significantly.

ACB also estimated that transactions at the bank during the days also rose 1.5 times against normal days.

Besides having to go to banks to make transactions after a long holiday, many customers also come to banks to deposit money to get the banks' ‘li xi' or lucky money.

Though there were no official statistics on deposits on the first working days after Tet, the number of savings transactions at the banks have reportedly increased sharply at the occasion.

On the first working days after Tet, tellers at Vietcombank had to work very hard as customers flock to the bank to get ‘li xi'.

Vietcombank offered the li xi programme of VND50,000 (US$2.3) for all deposits and transfer transactions at the bank on the first two working days of February 15 and February 16.

A representative of Vietcombank said that total budget for the li xi programme was roughly VND3.5 billion ($160,000).

VietinBank, BIDV, TPBank and Sacombank also offered lucky draw programmes to gift lucky money worth VND20,000, VND50,000 and VND100,000 to depositors.

Though not too crowded as at Vietcombank, the number of customers coming to other banks has also been higher than the other days.

Besides giving lucky money, many other banks also diversify its promotion programme to attract depositors at this occasion.

OceanBank is offering one tenth of a gold tael for nine month deposits of VND1 billion ($45,600). Besides, depositors of VND10 million ($456) with terms of at least one month also have chance to get presents.

Depositors of Eximbank also get a high rate between 5.4 per cent and 6.9 per cent for their savings during this occasion.

Customers depositing at least VND50 million ($2,280) at Sacombank also get an interest rate bonus of 0.2 per cent.

NamA Bank said that it is also implementing a Tet programme with more than 68,000 awards ranged from VND20,000 to VND100 million ($4,560) to attract depositors. — VNS

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