The Bank of Russia has released the results of its May 2025 monitoring of maximum interest rates on deposits in Russian rubles. The data focuses on the top 10 credit institutions attracting the largest amount of household deposits.
During the first ten days of May, the maximum interest rate stood at 19.60%, while for the second ten days, it slightly decreased to 19.52%. Detailed information about changes in these monitoring results is available on the Bank of Russia’s website.
The methodology for measuring maximum interest rates includes several exclusions: deposits with special conditions for specific client categories or purposes, compound interest rates, and those requiring certain conditions like regular bank card turnover are not considered. Combined deposit products with additional conditions are also excluded from this scope.
The average maximum interest rate is calculated as an arithmetic mean across these top credit institutions. The institutions involved in this monitoring 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. This monitoring was conducted by the Department of Banking Regulation and Analytics using information from these banks’ websites.
For reference, average maximum interest rates based on deposit maturity were also provided: up to 90 days at 18.21%, from 91 to 180 days at 18.99%, from 181 days to one year at 19.07%, and over one year at 17.56%.
A mandatory reference to the Press Service is required if this material is used.
