Sberbank increased the maximum rate for ruble deposits to 14% against the background of an increase in the key rate of the Central Bank of the Russian Federation. It is more profitable to open a deposit for six months.. This is stated in a statement from the organization’s press service.
SberPrime+ subscribers will be able to receive an additional percentage point, regardless of the deposit term, the bank added.
At the end of October 2023, the Central Bank’s board of directors decided to immediately increase the key rate by 200 basis points (bp), from 13 to 15% annually. The regulator explained the decision due to greater inflationary pressure, which “is higher than the Central Bank’s expectations.
The Bank of Russia also updated its forecast, according to which by the end of 2023 annual inflation will be in the range
Author:
Karina Pardaeva
Source: RB
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