Among those banks, only a handful witnessed a decline in deposits, including Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank), Tien Phong Bank (TPBank), An Binh Commercial Bank (ABBank), Petrolimex Group Bank (PGBank) and Saigon Commercial Bank (SaigonBank).

However, the decline is insignificant with less than VND1 trillion (US$43.14 million) each. 

Notably, deposits at the three major state-run banks, namely Bank for Investment and Development of Vietnam (BIDV), Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietcombank) and Joint Stock Commercial Bank for Foreign Trade of Vietnam (VietinBank), amounted to VND2,550 trillion (US$110.04 billion), accounting for 46% of total deposits at 28 banks.

Of the total, BIDV holds the largest deposit with over VND953 trillion (US$41.12 billion), followed by VietinBank and Vietcombank, reaching VND825 trillion (US$35.60 billion) and VND773 trillion (US$33.35 billion), respectively. 

SaigonBank, the largest privately-run bank in terms of deposits, is reported to hold VND372 trillion (US$16.05 billion), equivalent to 39% of BIDV’s. 

All three leading banks also witnessed a high growth rate of deposits in the first nine months of 2018, with BIDV seeing an increase of 10.9%, VietinBank 9.7%, and Vietcombank 9.2%, translating in an interest payment of VND83.5 trillion (US$3.6 billion) in total. 

Upon breaking down, BIDV paid over VND34.6 trillion (US$1.49 billion) in interest, Vietinbank VND30.3 trillion (US$1.3 billion) and Vietcombank VND18.5 trillion (US$798.13 million). 

In the third quarter of 2018, the State Treasury had deposits of nearly VND48.7 trillion (US$2.1 billion) in these three state-owned banks, accumulating a total of VND218.56 trillion (US$9.43 billion) .