MOSCOW, 5 March – RIA Novosti. The rate on bank deposits depends on the key rate of the Bank of Russia. It has been declining for quite a long time and is now at a record low of 4.25 percent. Now the economy is recovering, and the regulator is signaling that the key rate may be raised in the future, Artem Tuzov, executive director of the capital market department of Univer Capital, told the Prime agency. , this is the optimal level to ensure the profitability of deposits and protect citizens' funds from the influence of inflation. According to the Central Bank, this figure in 2021 will be 3.7-4.2 percent, “the financier notes.
Then, Russian banks will increase deposit rates, thereby helping to attract customers and increase the volume of liquidity. It is optimal when rates on deposits provide an opportunity to make a profit, while at the moment they are going into the negative zone, Tuzov says.
According to him, with a key rate above 5.5-6 percent, deposit rates will rise to a similar level.