The Bank of Russia has released the results for May 2025 regarding the monitoring of maximum interest rates on deposits in Russian rubles at the top ten credit institutions. The findings reveal that for the first ten days of May, the average maximum interest rate stood at 19.60%.
The data concerning changes in these monitoring results can be accessed on the Bank of Russia’s website. Additionally, information on average maximum interest rates by deposit maturity is provided as a reference.
The method for measuring maximum interest rates involves considering only those available to any client without limitations or preliminary conditions. Excluded from this calculation are deposits intended for special client categories such as pensioners and children, compound interest rates, and those effective only under certain conditions like regular bank card turnover. Combined deposit products with additional conditions are also not considered.
The arithmetic mean of the maximum interest rates from these top ten institutions determines the average rate. These institutions include Sberbank, VTB Bank (PJSC), Bank GPB (JSC), AO ALFA-BANK, JSC Rosselkhozbank, JSC Post Bank, CREDIT BANK OF MOSCOW, TBank, Promsvyazbank PJSC, and PJSC Sovcombank.
For deposits up to 90 days, the average maximum interest rate was recorded at 18.42%. For periods ranging from 91 to 180 days, it was 19.04%, while deposits from 181 days to one year saw a rate of 19.17%. Deposits exceeding one year had an average rate of 17.66%.
This monitoring was conducted by the Department of Banking Regulation and Analytics using information provided by these banks’ websites. The published values serve as indicative benchmarks.
