Gazprombank increased rates on deposits in yuan to 3% per annum – Kommersant

Gazprombank increased rates on deposits in yuan to 3% per annum - Kommersant

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Gazprombank announced an increase in the rate on deposits in Chinese yuan. The maximum yield will now be 3% per annum when placing a deposit with interest capitalization for a period of 367 days, reported press service of the credit institution.

A deposit can be opened either in a mobile application or online banking, or in a Gazprombank office. At the same time, the minimum amount when opening a deposit online is 5 thousand yuan, in the office – 10 thousand yuan.

The maximum interest rate – 3% – is provided when opening a deposit with capitalization for a period of 367 days. A rate of 2.51% is charged when opening a deposit for a period of 181 days, 2.3% – for 91 days.

Read more about why banks are abandoning deposits in dollars and euros and switching to deposits in yuan in the Kommersant article. “A quarter of banks lost their currencies”.

Milena Kostereva

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