The Central Bank of Russia published its January 2026 monitoring results for the maximum interest rates on Russian ruble household deposits offered by the 10 credit institutions attracting the largest volume of retail deposits. The average maximum rate eased across the month, from 15.10% in the first 10 days of January to 14.88% in the second 10 days and 14.57% in the third 10 days. For reference, the average maximum rates by maturity were 13.90% for deposits up to 90 days, 14.30% for 91–180 days, 13.81% for 181 days to one year, and 12.01% for over one year. The measure covers maximum rates available to any client without conditions and excludes, among other items, special-category deposits, compound rates, conditional rates linked to ancillary requirements, combined deposit products, and deposits with step-up or segmented rate periods; the monitoring is based on information from the banks’ websites and the published values are indicative.
Central Bank of Russia 2026-02-09
Central Bank of Russia monitoring shows top 10 banks’ maximum ruble deposit rates falling from 15.10% to 14.57% in January 2026
The Central Bank of Russia reported a decline in the average maximum interest rates on Russian ruble household deposits from 15.10% to 14.57% throughout January 2026, based on data from the top 10 credit institutions by retail deposits. Rates varied by maturity, with the highest at 14.30% for 91–180 days and the lowest at 12.01% for over one year, excluding special-category and conditional rates.