Russia’s top 10 banks’ deposit rate rises to 7.18% Nov 1–Nov 10

MOSCOW, Nov 20 (PRIME) -- The average maximum deposit rate of top 10 Russian banks, which attract the bulk of the country’s retail deposits in rubles, rose to 7.18% between November 1 and November 10 from 7.03% in the previous 10 days, the central bank said in a statement on Tuesday.

The banks include Sberbank, Credit Bank of Moscow, VTB Bank, Raiffeisenbank, Gazprombank, B&N Bank, Alfa-Bank, Bank Otkritie Financial Corporation, Promsvyazbank, and Russian Agricultural Bank.

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