The Central Bank of Russia released its June 2025 monitoring results for maximum interest rates on Russian ruble deposits at the 10 credit institutions with the largest volumes of household deposits. The average maximum rate declined over the month, from 18.87% in the first 10 days of June to 18.40% in the second 10 days and 18.32% in the third 10 days. The measure reflects the arithmetic mean of each bank’s maximum rate on deposits available to any client without limitations or preliminary conditions, excluding deposits for special client categories or purposes, compound interest products, rates contingent on meeting conditions (such as card turnover or minimum balances), combined deposit products with additional conditions (including investment or insurance-linked requirements), and deposits with step-up or otherwise varying rates across sub-periods. The monitored institutions are Sberbank, VTB Bank, Gazprombank, Alfa-Bank, Rosselkhozbank, DOM.RF, Credit Bank of Moscow, TBank, Promsvyazbank and Sovcombank; the figures are based on information from the banks’ websites and are described as indicative. For reference, average maximum rates by maturity were 17.34% (up to 90 days), 17.85% (91–180 days), 17.41% (181 days to one year) and 15.76% (over one year).
Central Bank of Russia 2025-07-03
Central Bank of Russia publishes June 2025 monitoring showing top 10 banks’ maximum ruble deposit rates falling to 18.32%
The Central Bank of Russia reported a decline in average maximum interest rates on Russian ruble deposits at the 10 largest credit institutions, from 18.87% in early June 2025 to 18.32% by month's end. The rates, calculated as an arithmetic mean, exclude special client categories and products with additional conditions. Average maximum rates by maturity were 17.34% for up to 90 days, 17.85% for 91–180 days, 17.41% for 181 days to one year, and 15.76% for over one year.