The Central Bank of Russia published the latest monitoring results for 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 was 15.59% in the first 10 days of September and 15.56% in the second 10 days of September. The figures are calculated as the arithmetic mean of each bank’s maximum publicly available deposit rate, excluding products with restrictions or preliminary conditions, special-category deposits, compound interest, combined products with additional requirements (such as investment purchases or insurance), and deposits with step-up/step-down rates across periods. For reference, the average maximum rates by maturity were 15.00% (up to 90 days), 14.96% (91–180 days), 14.05% (181 days to one year), and 12.20% (over one year); the monitored banks were Sberbank, VTB Bank, Gazprombank, Alfa-Bank, Rosselkhozbank, DOM.RF, Credit Bank of Moscow, TBank, Promsvyazbank, and Sovcombank.
Central Bank of Russia 2025-09-25
Central Bank of Russia reports September maximum ruble deposit rates at around 15.6% for top 10 banks
The Central Bank of Russia reported the average maximum interest rate on Russian ruble household deposits was 15.59% in early September and 15.56% in mid-September. These rates are based on the arithmetic mean of the maximum publicly available deposit rates from the top 10 credit institutions, excluding certain restricted products. The average maximum rates by maturity ranged from 15.00% for deposits up to 90 days to 12.20% for those over one year.