2024-07-23 04:44:00
Ahead of the Bank of Russia meeting, VTB will raise lending rates to 19% per year. In turn, MTS Bank raised interest rates to 18%. This is reported at a bank branch.
“Without waiting for the central bank to decide on key interest rates, VTB has raised interest rates on ruble savings products since July 23: on average 0.5 percentage points (% of deposits) for deposits and 1 percentage point for savings accounts. VTB Deposits The maximum interest rate will exceed 19%,” RBC reported the bank’s information. It’s important to note that the final rate depends on a number of factors, including service package and capitalization conditions.
MTS Bank will also increase deposit interest rates by up to 1.8 percentage points, or a maximum of 18% per year. The bank added that future interest rate decisions will depend on changes in the central bank’s key interest rates and market conditions.
Previously, Tatyana Reshetnikova, deputy head of the mortgage department of the federal company Etazhi, reported that mortgage interest rates increased to 23%, which is a record. At the same time, the average pass rate was 18.9%. However, demand for mortgages remains.
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