Interest rates on deposits in Russian banks continue to grow

Interest rates on deposits in Russian banks continue to grow

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The average maximum interest rate on ruble deposits in the ten largest banks of the Russian Federation, attracting the largest volume of deposits, increased to 7.3% in the third decade of November, showed monitoring Central Bank. Bank rates have been rising for the sixth consecutive decade.

The rates on long-term deposits (from a year) increased most significantly compared to the second ten days of November.

The calculation of the average maximum rate is based on data from Sberbank, VTB, Gazprombank, Alfa-Bank, Rosselkhozbank, Otkritie Bank, Raiffeisenbank, Tinkoff Bank, Promsvyazbank and Sovcombank.

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