The Central Bank of Russia published its June 2025 monitoring results for maximum interest rates on Russian rouble household deposits at the 10 credit institutions attracting the largest volume of retail deposits. The average maximum rate across the group fell from 18.87% in the first 10 days of June to 18.40% in the second 10 days. For reference, the Bank of Russia also reported average maximum rates by maturity: 17.43% for up to 90 days, 17.94% for 91 to 180 days, 17.52% for 181 days to one year, and 16.11% for over one year. The monitoring covers deposits available to any client without limitations or preliminary conditions, and excludes special-category deposits, compound interest rates, rates contingent on meeting conditions (such as card turnover or minimum balances), combined deposit products with additional requirements (including investment or insurance-linked conditions), and deposits with step-wise rates; results are calculated as the arithmetic mean across the top 10 banks (including Sberbank, VTB, Gazprombank, Alfa-Bank, Rosselkhozbank, Bank DOM.RF, Credit Bank of Moscow, TBank, Promsvyazbank and Sovcombank) using information from their websites.
Central Bank of Russia 2025-06-27
Central Bank of Russia reports average maximum rouble deposit rate at top 10 banks eased to 18.40% in mid-June 2025
The Central Bank of Russia's June 2025 monitoring shows a decline in the average maximum interest rate on Russian rouble household deposits from 18.87% to 18.40% among the top 10 credit institutions. Rates by maturity were 17.43% for up to 90 days, 17.94% for 91 to 180 days, 17.52% for 181 days to one year, and 16.11% for over one year. The monitoring excludes special-category deposits and is based on data from major banks including Sberbank and VTB.