The maximum interest rate on VTB savings accounts is 14.7% per year, starting November 1.
This rate is available to new customers and those who have not had balances in their savings accounts or ruble deposits exceeding 1,000 rubles in the last 180 days.
Savings accounts are becoming the main driver of the savings market. According to VTB estimates, they account for more than 90% of the increase in the Russians' bank balances in the last nine months, and at the end of the year the amount of money in them will exceed 11 trillion rubles.