Russians are more interested in credits than in deposits. Nina Kozlova’s comment to Gazeta.ru
27 January 2018
There will be no more high deposit rates the banks offered to their clients before the New Year holidays. Generous offers came to an end, and troubled banks that were sanctioned by the CBR are no longer in need of cheap financing. As a result, in 2018 deposit rates may decline to 5.5-6%. Still, most Russians have nothing to deposit, they have more interest in credits.
