VTB announced an increase in rates on long-term deposits
VTB reported that since September 16, it has improved the conditions for ruble deposits for a long time. The increase in profitability will be up to 2.4 p.p. Now the maximum rate in the bank is available for 1.5 years: for retail customers - 13.7% per annum, for the Privilege package - 13.8%, for Private Banking - 13.9%.
VTB reported that since September 16, it has improved the conditions for ruble deposits for a long time. The increase in profitability will be up to 2.4 p.p. Now the maximum rate in the bank is available for 1.5 years: for retail customers - 13.7% per annum, for the Privilege package - 13.8%, for Private Banking - 13.9%.
“Now the optimal strategy is to fix the still high savings rate for the long term and not depend on further fluctuations in the market.” We will additionally support such customers by raising rates, said Roman Shaekhov, deputy head of VTB retail business. According to VTB forecasts, the volume of funds raised in Russian banks by the end of 2026 will reach 71 trillion rubles.
At the meeting on September 11, the Central Bank (CB) kept the key rate at 14% per annum. The regulator estimates annual inflation under the baseline scenario at 6-7%. The Central Bank predicts that the figure will return to 4% in 2027.
Details - in the material "Kommersant" "CB threw anchor".
