Increase in interest rates under newly concluded time bank deposit agreements for individuals in Russian rubles
03.04.2019
Starting 02.04.2019, the increase in interest rates will apply to certain time bank deposits in Russian rubles. In particular, starting from the specified date for the newly concluded time bank deposit agreements the interest rate will be:
- irrevocable bank deposit “Standard” – from 5,0 to 8,0 % p.a. depending on the term of deposit;
- “@gro irrevocable” – from 3,9 to 7,5 % p.a. depending on the term of deposit;
In addition, from that date, the size of the interest rate of time revocable bank deposits in Russian rubles changes for newly concluded agreements:
- revocable “Line of Growth 3.0. Up to 1 year”, revocable “Line of Growth 3.0. Over 1 year”, revocable “@gro” – up to 4,3% p.a. depending on the term of deposit;
More detailed information of bank deposits terms you can find here
