In July 2025, the Bank of Russia published its monitoring results for the maximum interest rates on deposits in Russian rubles at the country’s top ten credit institutions by household deposit volume. According to the data, during the first ten days of July, the average maximum interest rate reached 17.91%. In the second ten days of July, this figure decreased to 17.22%.
The monitoring methodology excludes certain types of deposits and conditions. Only rates available to all clients without special limitations or preliminary requirements are included. Deposits tailored for specific client categories such as pensioners or children, compound interest products, and those requiring conditions like minimum card turnover are not part of this analysis. Combined deposit products that require purchasing additional financial instruments or services are also excluded.
The average maximum interest rate is calculated as an arithmetic mean among these top ten banks: Sberbank (www.sberbank.ru), VTB Bank (PJSC) (www.vtb.ru), Bank GPB (JSC) (www.gazprombank.ru), AO ALFA-BANK (alfabank.ru), JSC Rosselkhozbank (www.rshb.ru), JSC DOM.RF (domrfbank.ru), CREDIT BANK OF MOSCOW (mkb.ru), TBank (www.tbank.ru), Promsvyazbank PJSC (psbank.ru), and PJSC Sovcombank (sovcombank.ru). The Department of Banking Regulation and Analytics at the Bank of Russia conducted this monitoring using information from these institutions’ official websites.
For reference, average maximum interest rates by deposit maturity were reported as follows: up to 90 days — 16.61%; from 91 to 180 days — 16.94%; from 181 days to one year — 16.25%; and for over one year — 14.69%.
Data on changes in monitoring results can be found on the Bank of Russia website.