The Central Bank of Russia reported that the monitored maximum interest rate on ruble deposits at the 10 credit institutions with the largest household deposit volumes increased from 12.95% in the first 10 days of September to 13.01% in the second 10 days and 13.06% in the final 10 days.
Central Bank of Russia reports top 10 banks’ maximum ruble deposit rate rising to 13.06% in late September
The maximum ruble deposit rate monitored across Russia’s 10 largest household deposit takers rose from 12.95% in early September to 13.06% in the final 10 days of the month.