The Central Bank of Russia published the May 2025 results of its monitoring of maximum interest rates on Russian ruble household deposits at the ten credit institutions attracting the largest volume of retail deposits, showing an average maximum rate of 19.60% for the first 10 days of May. For reference, the average maximum rates by maturity were 18.42% for deposits up to 90 days, 19.04% for 91 to 180 days, 19.17% for 181 days to one year, and 17.66% for over one year. The metric is calculated as the arithmetic mean of each bank’s maximum rate on deposits available to any client without limitations or preliminary conditions, and excludes special-category deposits, compound interest, conditional and combined products, and deposits with stepped rates. The monitoring draws on information from the banks’ websites and covers Sberbank, VTB Bank, Gazprombank, Alfa-Bank, Rosselkhozbank, Post Bank, Credit Bank of Moscow, TBank, Promsvyazbank, and Sovcombank.
Central Bank of Russia 2025-05-14
Central Bank of Russia publishes monitoring showing 19.60% average maximum ruble deposit rate at top 10 banks
The Central Bank of Russia reported an average maximum interest rate of 19.60% on Russian ruble household deposits for the first 10 days of May 2025, based on data from the ten largest retail deposit institutions. Rates varied by maturity, with 18.42% for deposits up to 90 days and 17.66% for those over one year. The calculation excludes special-category deposits and is derived from publicly available bank data.