The Central Bank of Russia published the March 2025 results of its monitoring of maximum interest rates on household deposits in RUB across the 10 credit institutions attracting the largest volume of retail deposits, with the average maximum rate for the first 10 days of March at 20.74%. For reference, average maximum rates by maturity were 19.22% for up to 90 days, 19.85% for 91–180 days, 20.18% for 181 days to one year, and 18.20% for over one year. The indicator is calculated as the arithmetic mean of each bank’s highest deposit rate available to any client without restrictions, and excludes special-category deposits, compound-interest products, rates contingent on meeting conditions (such as card turnover or minimum balances), combined products linked to investment or insurance purchases, and deposits with varying rates across sub-periods. The monitored banks are Sberbank, VTB Bank, Gazprombank, Alfa-Bank, Rosselkhozbank, Post Bank, Credit Bank of Moscow, TBank, Promsvyazbank and Sovcombank, based on information from their websites; the published value is indicative.
Central Bank of Russia 2025-03-13
Central Bank of Russia publishes monitoring showing 20.74% average maximum RUB deposit rate at top 10 banks in early March
The Central Bank of Russia reported the average maximum interest rate on household deposits in RUB for the first 10 days of March 2025 was 20.74% across the top 10 credit institutions by retail deposits. Rates varied by maturity, with 19.22% for up to 90 days, 19.85% for 91–180 days, 20.18% for 181 days to one year, and 18.20% for over one year. The calculation excludes special-category deposits and products with conditions or variable rates.