The Central Bank of Russia published its May 2025 monitoring results for maximum interest rates on Russian rouble deposits offered by the 10 credit institutions with the largest volumes of household deposits. The average maximum rate was 19.60% for the first 10 days of May and 19.52% for the second 10 days of May. The indicator is calculated as the arithmetic mean of each bank’s maximum publicly available deposit rate, excluding special-category deposits (such as for pensioners or children), compound interest, rates conditional on meeting requirements (such as card turnover or minimum balances), combined deposit products with additional conditions (including linked investment or insurance purchases), and deposits with maturities split into periods with different rates. For reference, the reported average maximum rates by maturity were 18.21% (up to 90 days), 18.99% (91 to 180 days), 19.07% (181 days to one year), and 17.56% (over one year), based on information from the monitored banks’ websites and described as indicative.
Central Bank of Russia 2025-05-26
Central Bank of Russia reports top 10 banks’ average maximum rouble deposit rates at 19.60% and 19.52% in early May
The Central Bank of Russia released its May 2025 monitoring results for maximum interest rates on Russian rouble deposits from the 10 largest credit institutions by household deposits. The average maximum rate was 19.60% for the first 10 days and 19.52% for the second 10 days of May. Rates by maturity were 18.21% for up to 90 days, 18.99% for 91 to 180 days, 19.07% for 181 days to one year, and 17.56% for over one year.