Banks in no hurry to lower interest on deposits

In the banking sector in Russia is now the situation is incomprehensible (Video). Although interest rates are falling, but here the rates on deposits is obviously overestimated: the banks have resorted to speculation. Central Bank is trying to restore order in Gaza and asked not to increase, and in some cases and reduce the rates on ruble deposits. Central Bank of Russia began tracking the deposit rates of commercial banks in July. Then, when once again lowered the refinancing rate to 11%. In early August, a key monetary instrument was again reduced. For another quarter-point. As a consequence, decreased over the last month and the average deposit rates. By 2 tenths of a percent. In this case, the maximum rate is now the leader in the market of ruble deposits of Sberbank - 13.25%. Other participants of the list of securities offered to pay more for storage savings. So at VTB-24 - a maximum of 14.55%, Bank of Moscow - 15%. Rosbank, Uralsib, PSB and RAB to establish limits on deposit rates from 14.5 to 15.25 percent. The highest interest in the ten largest banks, as the minimum rate and at a maximum offering of Alfa-Bank. Plug of 13 and a quarter to 18 one hundredth as much as 71%, respectively. In this case, the central bank remains strongly recommends that promised not to raise interest rates. "Until quite recently, and still rate of 19% or 18% were in small or large regional banks experiencing liquidity constraints that had to raise money. And it was a rarity when a large federal bank showed these rates. We are not afraid . We just felt that we are willing to share in this case, part of the income to our shareholders, "- explains the rise in interest rates on deposits Ilya Zebari, head of block" mortgage loans "," Alfa Bank. Financiers are not happy with the intentions of the Central Bank to limit rates. The letter, which a few days ago had been received by many banks in a hurry is called "total control". It is recommended to reduce the maximum interest rate to 16.84%. The Central Bank was guided by the following formula: average rate of ten largest banks plus 2%! However, not all rushed to voluntarily comply with requests. Illustration - a random sample of smaller banks that continue to actively attract funds from private investors. Higher than the recommended 17% - not everything, but in general rates on ruble deposits of more than a dozen leaders. "And the Bank of Russia, and we really pay attention to some redundancy in interest rates, which offer individual market participants. We do not propose to limit the en masse interest rates, in any case. This is an occasion to reflect. Not anymore, - said Andrey Melnikov, Deputy General Director of the Agency for Deposit Insurance. - In each case, when we see a noticeable difference in interest rates from one bank against another is subject to clarification. For a close examination of the Bank of Russia financial situation of the bank. There has been a what? " Establishing a voluntary ceiling on deposit rates, the central bank had two objectives. First: safety of public money. Promising higher interest-based, some banks have sought thus to increase liquidity in times of crisis. That is why the spring and early summer was full of ads offering money on deposit and 20 and 22% per annum. It is true that fly in the ointment for clients were often additional terms in the contract. According to him the bank had the right at any time to change the interest on the deposit. The second objective of the regulator, to push, finally, the banks to reduce lending rates (Video). Unavailability of loans - is now the biggest problem for the real economy.