Banks are raising deposit rates again. One of the reasons is fear of sanctions
Rates on ruble deposits in Russian retail banks resumed growth after a short fall, writes Vedomosti . Over the past two weeks, rates have been raised by 6 of the 10 largest banks, and the average market maximum deposit rate has risen to 7.544%. More. The rates were raised by Gazprombank (by an average of 0.1–0.5 percentage points, the maximum rate rose to 7.5% per annum excluding capitalization), FC Otkritie (up to 7.64%), Promsvyazbank (up to 7.