Russian banks have begun to raise interest rates on deposits

01.11.2024 16:42

It has become known about the measures that Russian banks have begun to resort to.

Against the backdrop of the increase in the key rate, interest rates on bank deposits also began to rise.

RIA Novosti reports this based on reports received from financial organizations.

For example, on popular Sberbank deposits you can now receive up to 21% annual income, subject to a number of conditions.

Even more favorable conditions are offered to premium clients, who can deposit money at 22%.

Sberbank
Photo: © TUT NEWS

VTB and Absolut Bank offer the same interest rate to their clients.

It is noted that interest rates at PSB have increased by 2 points overall and now amount to 21.6%.

Sovcombank offers the highest interest rates: here you can count on 25% per annum if certain conditions are met. Rates on basic deposits here have also increased to 22%.

If you invest money in MTS Bank for 181 days, you can expect to earn 22.3% per annum, and premium clients can expect a higher interest rate of 22.5%.

Irina Tint Author: Irina Tint Editor of Internet resources