The Central Bank of Russia published its April 2025 monitoring results for maximum interest rates on Russian rouble deposits at the 10 credit institutions attracting the largest volumes of household deposits, showing an average maximum rate of 20.05% for the first 10 days of April. The rate is calculated as the arithmetic mean of each bank’s maximum deposit rate that is available to any client without limitations and is described as indicative, based on information from banks’ websites. The methodology excludes deposits for special client categories or purposes, compound interest offers, rates contingent on conditions such as card turnover or minimum balances, combined deposit products linked to additional requirements (including investment and insurance purchases), and deposits with maturities split into periods with varying rates. For reference, the average maximum rates by maturity were 18.84% (up to 90 days), 19.49% (91–180 days), 19.37% (181 days to one year) and 17.81% (over one year), with data on changes in monitoring results available on the Central Bank of Russia website.
Central Bank of Russia 2025-04-14
Central Bank of Russia reports 20.05% average maximum rouble deposit rate among top 10 banks in early April
The Central Bank of Russia reported an average maximum interest rate of 20.05% for Russian rouble deposits at the 10 largest credit institutions for the first 10 days of April 2025. The rate is an arithmetic mean of each bank’s maximum deposit rate available to any client without limitations, excluding special conditions and products. Average maximum rates by maturity were 18.84% (up to 90 days), 19.49% (91–180 days), 19.37% (181 days to one year), and 17.81% (over one year).