The average rate on deposits in the top 10 banks exceeded 13% per annum

The average maximum rate on deposits in the top 10 banks in the second decade of September increased by 0.06 percentage points and amounted to 13.01% per annum, according to the Bank of Russia.

The 13% annual indicator exceeded for the first time since the second decade of May 2026. The growth of the average deposit rate has continued since the first decade of July: since then it has increased by 0.25 p.p.

Historically, the highest level of the average maximum deposit rate, 22.28% per annum, was recorded in the second decade of December 2024.

In the second decade of September, the yield on deposits for a period of more than one year increased significantly - by 0.21 p.p. On other terms, the yield increased in the range from 0.03 to 0.15 p.p.

The average maximum interest rates on deposits in the top 10 banks depending on the term in the second decade of September were:

for a period of up to three months - 12.50% per annum (+ 0.05 p.p. to the first decade of september); from three to six months - 12.79% per annum (+ 0.03 p.p.); from six months to one year - 12.68% per annum (+ 0.15 p.p.); over one year - 11.43% per annum (+ 0.21 p.p.).

When calculating the average maximum rate, fixed-term bank deposits available to any client without preconditions are taken into account.

The average rate was determined as the maximum arithmetic average of rates in the top 10 credit institutions - Sberbank, VTB, Gazprombank, Alfa-Bank, Rosselkhozbank, Dom.RF Bank, Moscow Credit Bank, T-Bank, PSB and Sovcombank.

Average deposit rates

RBC Investments calculated the average maximum rate on deposits in the top 10 largest banks. As of September 22, depending on the date, it is:

for three months - 13.49%; for six months - 13.33%; for one year - 12.55%.

When calculating the average maximum rate, deposits in the amount of е100,000 were taken into account without additional conditions, except for new money or new customers. All rates are indicated in an effective amount (for deposits with capitalization, the maximum yield is given when this condition is met), without the possibility of withdrawal and replenishment of the account.

As of September 22, according to the daily FRG100 index, in the 81 largest banks, the average deposit rate for the amount of ам100 thousand, depending on the term, is:

for one month - 12.28% (+0.02 p.p. per week); for three months - 12.97% (+0.01 p.p.); for six months - 12.82% (+0.01 p.p.); for a year - 11.75% (+0.02 p.p.).

Rates are indicated excluding allowances and financial platforms.

VTB: savings accounts became the main tool of savings in August

In August, depositors actively redistributed funds in favor of savings accounts - this tool turned out to be the most popular among all savings products on the market, follows from a study by VTB (RBC Investments has).

Thus, according to VTB forecasts, the total market volume of funds on savings accounts in August increased by 78 billion (+0.7%) and exceeded х10.7 trillion. Since the beginning of the year, the increase was almost ).1.5 trillion (16%).

Approximately 15% of depositors simultaneously keep funds both on deposit and on a savings account, Roman Shaekhov, deputy head of the VTB retail business unit, said. We see that the saving behavior of Russians is becoming more conscious: they are less and less likely to hold free money in a current account without income and increasingly distribute it between a savings account and a deposit depending on the planning horizon. People want to simultaneously fix profitability for a long time, and have access to part of the funds here and now, he added.

According to VTB, the volume of attracted funds in Russian banks by the end of 2026 will reach х71 trillion, and next year may maintain the current growth rate.