The Central Bank of Russia published the May 2025 results of its monitoring of the maximum interest rates on Russian ruble deposits at the 10 credit institutions attracting the largest volume of household deposits, showing a gradual decline across the month. The average maximum rate was 19.60% in the first 10 days of May, 19.52% in the second 10 days and 19.39% in the third 10 days. The monitored group comprises Sberbank, VTB Bank, Gazprombank, Alfa-Bank, Rosselkhozbank, Post Bank, Credit Bank of Moscow, TBank, Promsvyazbank and Sovcombank, using information from their websites; the published values are indicative. The maximum rate is measured using deposit products available to any client without limitations or preliminary conditions, excluding special-category deposits, compound interest, rates contingent on conditions (such as card turnover or minimum balances), combined products with additional requirements (including investment or insurance-linked conditions) and deposits with maturities split into periods with varying rates. For reference, the Central Bank of Russia also reported average maximum rates by maturity: up to 90 days (18.07%), 91–180 days (18.81%), 181 days to one year (18.66%) and over one year (17.50%).
Central Bank of Russia 2025-06-05
Central Bank of Russia reports May 2025 maximum ruble deposit rates at top 10 banks eased to 19.39%
The Central Bank of Russia reported a gradual decline in maximum interest rates on Russian ruble deposits at the 10 largest credit institutions in May 2025, with rates decreasing from 19.60% to 19.39% over the month. The rates exclude special-category deposits and are based on products available without conditions. Average maximum rates by maturity were also provided, ranging from 18.07% for up to 90 days to 17.50% for over one year.