Banks decrease interest rates for Belarusian rouble deposits

Interest rates for Belarusian rouble deposits have also changed in some other banks.

 
The maximum interest rate used to be 70% in “Belrosbank” yesterday (the deposit “Present”). It was changed to 67% on January 9.

"Our interest rates are tied to the official discount rate. If it decreases, the interest rates will also decrease”, - explained MTB-Bank to Euroradio.

Belarusian rouble interest rates are still high in MTB-Bank but they have a also started decreasing. The deposit “Guarantor-top” is still the most profitable (69%). This is the only deposit whose high interest rate is stable, notes the bank.

MTB-bank: "There is another deposit, “Guarantor-plus” (3 months), and the interest rate is 56% it was 64% a few weeks ago”.

 Let us remind you that the National Bank is planning to reduce the official discount rate to 20% by the end of the year. A report about the profit Belarusians can make on Belarusian rouble deposits will be available on the website of Euroradio soon.