Wednesday, June 1, 2011

Contributions cheaper

Who had put it - that earn more. According to the Central Bank of Russia, the average size of the maximum return on deposits among individuals in the ten biggest banks in the country to date amounted to 8,5%. Moreover, this figure last month was 8.73% per annum. According to the experts of the Central Bank, deposit rates since early 2010 has dropped by 34%. Various experts predict a further two options. The first involves stabilizing the yield of 7-8% per annum. The pessimistic forecast is to reduce the profitability of investments up to 4-5%. If we take into account not ten, but all the major banks in the country, is investing a certain amount of money you can earn an average of 7.07% for ruble deposits, 3.48% on the dollar and 2.24% for placing the euro. Currently, yields on ruble deposits in the largest credit institution of the country - "Savings" accounts for 6% per annum. Decline in yields on deposits due to trend in the reduction of the cost of credit products and a relatively low rate of refinancing of the Central Bank set at 7.75% per annum.

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