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Latest News - #Roman Zhukov

The experts gave their forecast of interest rates on deposits by year-end

Russian banks this year will continue to reduce interest rates on ruble deposits by the end of the year the average maximum rate will fall to 4% or even lower, expect to be interviewed by RIA Novosti experts and credit institutions.

Average maximum rate on deposits of ten Russian banks attracting the largest volume of deposits of physical persons in rubles, reduced from the beginning of the year. In early January she was 5.93%, and up to the second decade of July fell to a record low of 4.55%. This is largely due to the reduction of the key rate, which is currently at a historic low of 4.5%.