The existing sources of income allow Russian banks to pay Russians high interest rates on long-term deposits.
Sources of interest income that allow interest on deposits to be provided are reliable.
Deputy Chairman of the Central Bank of the Russian Federation Philipp Gabunia, as RIA Novosti emphasizes, said: “Russian banks can now pay high interest rates on long-term deposits.”
Sources of income
He explained that today banks have reliable sources of interest income that provide interest on deposits.
Gabunia commented on the opinion that banks are unable to ensure high interest payments for long-term deposits.
Banks are indeed capable of paying high interest rates, otherwise they would not attract these deposits, he stated.
Thus, as Gabunia emphasized, Russian banks have sources of income for paying interest on long-term deposits, financing projects and attracting deposits.
