Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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Large banks reduce deposit rates

Large banks reduce deposit rates
Photo: pixabay.com

After the Central Bank again lowered its key rate, the largest Russian banks began to lower deposit rates. In half of them, the maximum yield fell to 5,5%, in a quarter to 5%.

As they say "Vedomosti", we are talking about ruble retail deposits. In recent weeks, more than half of the banks in the top 30 in terms of the size of the population's deposit portfolio have lowered rates.

Only two large financial institutions are willing to pay investors 6% per annum under certain terms and conditions. True, one of them announced a rate reduction after February 25.