Ruble deposit rates are falling due to expectations of the Central Bank's key rate reduction
Large banks are gradually reducing rates on retail ruble deposits - by an average of 0.1–0.3 percentage points, Vedomosti reports . Rates began to fall after the Central Bank allowed a new reduction in its key rate. The next meeting on it will be held on June 14. Read more. Among the top 30 banks in terms of deposit portfolio size, rates were reduced by the Moscow Industrial Bank, Unicredit, FC Otkritie, Renaissance Credit, Absolut Bank and Home Credit.