Newspaper “News” conducted a research among the 30 largest Russian banks and found out what promotions and offers they are launching on New Year’s Eve.
According to the publication, from December 1, Russians will be able to open deposits of 8-9.5% per annum with a key rate of 7.5%, as well as choose a mortgage loan on special conditions.
According to the material, three banks offered to open deposits with higher yields than the key rate of the Central Bank of the Russian Federation in the pre-holiday period. Otkritie announced that it had started a new deposit at the end of November at an annual rate of 8%, while depositing funds for 13 months. VTB spoke of a three-year deposit with a yield of up to 9.5%. And “Post Bank” informed about the possibility of making deposits in the amount of 10 thousand to one billion rubles at a rate of 8% per year for a year and a half.
According to the publication, the two banks can offer the most profitable loans. That’s why Zenit is launching the opportunity to take a grace period mortgage. A deferral will be provided by the bank for the payment of the principal debt for the first three months and an annual interest rate of 4.99% will be applied. This campaign, which will last until 31 December, will only affect the mortgage programs of the credit institution. Absolut Bank plans to organize housing loan campaigns during the New Year holidays: during this period, customers will be provided with a 0.5 point discount. on the same dates, at the current exchange rate on the date the transaction was concluded.
But experts say citizens need to be careful: Sometimes a low-rate Christmas loan can actually be less profitable than a loan in normal times.
Previously, thanks to the new loan product of SME Bank “Sevenletka for Business”, small and medium-sized enterprises, received the opportunity to obtain an unsecured long-term express loan and the need for personal presence at registration. The loan can be taken for 7 years and the evaluation period of the application does not exceed 72 hours.
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.