The maximum interest rate on ruble deposits in ten banks attracting the largest volume of deposits from individuals decreased to 21.47% per annum in the third decade of January 2025 from 21.52% in the ...
Depositing money in high-yielding bank accounts is back as Russians’ favorite store of wealth to protect their life savings ...
Deposit interest rates are monitored by the regulator in Sberbank, VTB, Gazprombank, Alfa-Bank, Promsvyazbank, T-Bank, the Russian Agricultural Bank, the Credit Bank of Moscow, Post Bank and Sovcomban ...
Promsvyazbank and the Russian Agricultural Bank lowered interest rates for yuan-denominated ... Furthermore, Sovcombank also lowered rates for ruble deposits by 0.5-2 pp across all segments ...
The high interest rates attracted a flood of bank deposits. Recently ... a decline in the value of the ruble, and a severe manpower shortage. A Swedish economist wrote on Tuesday that as the ...
The high interest rates attracted a flood of bank deposits. Recently ... a decline in the value of the ruble, and a severe manpower shortage.
Russia's Central Bank has dismissed rumors that it would act to freeze the deposits of citizens lured by sky-high interest rates.
The high interest rates attracted a flood of bank deposits. Recently, rumors emerged that retail ... Russia's economy faces issues such as high inflation, a decline in the value of the ruble, and a ...
EUR/JPY remains steady after gaining ground in the previous session, trading around 156.60 during the Asian hours on Tuesday.