Large Russian banks at the end of October announced an increase in interest rates on deposits. In particular, RGS-Bank plans to raise the rate on one of the deposits to 8.18%, while Rosselkhozbank and TKB announced an increase in the rate to 8% per annum on two deposits at once, Kommersant reports.
In addition, Novikombank increased rates by 0.75 p.p. Now the most advantageous deposit offer is 7.75% per annum. SKB-Bank (7.7%), Rosbank (7.5%), FC Otkritie (7.2%) and Raiffeisenbank (6.85%) also decided to raise rates.
According to the results of the second decade of October, the average maximum rate of the top 10 Russian banks on deposits of individuals exceeded 6.5% per annum, and the indicator will continue to grow, follows from the data of the Central Bank.
The publication notes that some banks have not changed the conditions for the previous savings accounts, they offer high profitability only on new deposits.
For example, Sberbank offers a rate of 6.5% per annum when placing from 100 thousand rubles. for a period of 2 years and the absence of open deposits with Sberbank in the previous three months. VTB customers can place “new funds” on deposits opened before September 1 in the bank, the rate in this case will be up to 8.5% per annum.
In parallel with the growth of interest rates on deposits, banks’ mortgage rates are also changing. Banks began to revise the terms of mortgage programs after the Central Bank raised the key rate to 7.5%. Serving loans has become more expensive in Rosselkhozbank and Metallinvestbank, MTS Bank, Sovcombank, Transcapitalbank (TKB) and Ak Bars intend to raise rates from November, Alfa-Bank also plans to take a similar step in the near future, RBC found out.
.