The average maximum rate on deposits in the largest banks in Russia increased to 13.01 percent
Quick Look
- In the second ten days of September, the average maximum rate on deposits in the ten largest banks in Russia increased to 13.01 percent.
- Research also shows the age preferences of Russians when opening deposits.
AI-generated summary
Why It Matters
The regulator monitors the dynamics of rates in the ten largest banks in the country to assess the state of the financial market.
In the second ten days of September, the average maximum rate on deposits in the ten largest banks in Russia increased to 13.01 percent. This is reported on the regulator's website.
In the first decade it was about 12.95 percent. As for the third ten days of August, then this figure was 12.895 percent.
Research shows that zoomers in Russia open deposits less often than millennials and Xers. The main share of registered deposits falls on generations 31-45 and 46-60 years old - 38 percent for each group.
Economists believe that a bank deposit in Russia remains a clear option for a conservative investor. In addition, a decrease in the key rate does not mean that the yield of all instruments will fall along with it.
Open Questions
- How will rates change in subsequent periods?
- What factors influence the low activity of zoomers in opening deposits?
