Business · Markets · 10 hrs ago
Top Russian ruble deposit rates held at 13.06% in early October
The average maximum rate on ruble deposits was 13.06% in the first 10 days of October 2025.
The figure was unchanged from late September, after standing at 13.01% in mid-September.
The Central Bank of Russia tracks rates at 10 banks with the largest amounts of private deposits.
It says it will watch for cases where a bank’s deposit rate is more than two percentage points above the average at those banks.
The oversight is meant to limit banks’ risks from paying above-market rates to attract customer deposits.
The central bank says this also supports financial stability, and it will continue monitoring such rates.
The average maximum rate on ruble deposits at Russia’s 10 largest banks by private deposits was 13.06% per year in the first 10 days of October 2025.
The Central Bank of Russia said the rate was unchanged from late September.
It was 13.01% in the middle of September.
The regulator monitors rates at 10 named banks and said it would watch for rates more than 2 percentage points above their average.
The Central Bank said its approach aims to reduce banks’ interest risk and support their financial stability.
- Who
- The Central Bank of Russia reported the rate. The measure covers 10 Russian banks with the largest amounts of private deposits.
- What
- The average maximum rate on ruble deposits was 13.06% per year.
- When
- The first 10 days of October 2025.
- Where
- Russia.
- Why
- The Central Bank said its monitoring aims to reduce banks’ interest risk from attracting retail deposits above market rates and to support financial stability.
This story does not have two clearly opposing sides.
The average maximum rate was 13.01%.
The average maximum rate was 13.06%.
The average maximum rate remained at 13.06%.
- Average maximum rate
- 13.06% per year
- Measurement period
- First 10 days of October 2025
- Banks monitored
- 10
- September rate
- 13.01% in the middle of September
- Threshold for monitoring
- More than 2 percentage points above the average rate of the 10 monitored banks
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What people are saying
The decision taken by the Central Bank is aimed at reducing the interest risk for banks arising when attracting retail deposits at rates above the market ones and contributes to financial stability of credit institutions