Deposit rates continue to decline

In August, the maximum rate on ruble deposits in the ten largest banks dropped below 9%. In total, during the crisis under the influence "of the Bank of Russia deposit rates fell by more than 10 para n Kommersant. This suggests that banks are gradually moving to pre-crisis level. Thus, according to CB, if a year ago makismalnaya interest rate was 14.85%, now - 8.78% per annum. What is the reason the gradual reduction of interest rates on deposits? Firstly, according to the source, this is the merit of the Bank of Russia, who has repeatedly insisted on the reduction of bank interest rates. The fact that the crisis they have been overestimated, since Banks try to form liabilities in the absence of access to other, cheaper resources. In such circumstances, the Central Bank warned banks about the threat of bankruptcy. However, the latter are reluctant to follow the recommendations of the regulator, inventing different ways to keep rates at attractive levels, however, lower rates, in particular, has been achieved, and by lowering the refinancing rate, which was reduced to 7.75%. True, analysts do not exclude that in the future as the economy recovers, interest rates can jump again, but such projections should be justified only to the first half of 2011.