The average rate on deposits in the top 10 banks remained at 13.06%

The average maximum rate on deposits in the top 10 banks in the first decade of October has not changed and amounted to 13.06% per annum, according to the Bank of Russia.

The indicator for the third decade in a row is above 13% per annum, previously it was at this level in 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 0.3 percentage points.

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 first decade of October, the yield on deposits for a period of more than one year increased by 0.06 p.p. For periods from three months to one year, the increase in profitability was 0.03 p.p., for short periods up to three months - remained unchanged.

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

for a period of up to three months - 12.55% per annum (unchanged to the third decade of september); from three to six months - 12.87% per annum (+0.03 p.p.); from six months to one year - 12.73% per annum (+0.03 p.p.); over one year - 11.75% per annum (+0.06 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. On October 13, depending on the date, it is:

for three months - 13.46% (no changes for the week); for six months - 13.30% (no changes); for one year - 12.62% (no changes).

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 October 13, 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. for the week); for three months - 13.03% (+0.05 p.p.); for six months - 12.81% (-0.01 p.p.); for the year - 11.77% (unchanged).

Rates are indicated without taking into account premiums from financial platforms.

According to VTB estimates, for 9 months of 2026 the volume of retail liabilities in Russian banks increased by 2% (+11.6 trillion) and exceeded х67.4 trillion. About 94% of the market growth was provided by savings accounts, the press service of the credit institution reported.

The volume of savings accounts, according to VTB estimates, for January-September increased by 17% (+51.5 trillion) and approached the mark of ке10.8 trillion. For comparison, a year earlier they showed an increase of 13%.

“The reduction of the key rate this year, albeit at a small pace, affects the savings market. If last year its growth for nine months was 7%, this year - only 2%. However, there is still demand for both classic deposits and savings accounts, which are growing significantly more this year. They give flexibility in managing funds and profitability comparable to promotional deliveries on deposits, commented Roman Shaekhov, deputy head of VTB retail business.

VTB also noted the growing interest in long deposit terms – by the end of September, the share of bank clients placing savings for a year or more exceeded 10%.