Russian banks are stocking RUB

photo: Gennady Cherkasov


According to the newspaper “Vedomosti”, 1 to 18 of November, the yield of ruble deposits raised half of the credit institutions from the first thirty. However, some banks increased the rates previously existing deposits, whereas other introduced seasonal deposits.

As was expected, before the end of the year, the growth rate of deposits will continue in the Russian banks. The CBR had previously indicated that after the outflow of deposits in August and September to present the possibility of further growth rates.

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