30 November 2012, Friday, 17:00

Banks continue to raise deposit interest rates

author: Alfiya Sharafutdinova

The Russian banks continue to raise deposit rates of individuals. At the end of November their maximum size reached 9,56 per annum. Calculating the given size, the Bank of Russia takes into account the rates in ten banks of the country involving the greatest volume of means from the population. We will mark that in the beginning of November the maximum interest rate was 9,45 percent.

According to the Association of Credit Organisations of Bashkortostan Republic, many experts connect the present growth of rates with the seasonal factor too: competition for money of investors during the Pre-New Year's period is the typical phenomenon. Besides the eve of holidays is a good occasion for various marketing actions.