Financier Lazar Badalov warned that bank deposits containing investment products may be unprofitable in terms of profitability. In an interview with the agency “Hit the primer” He noted that banks promote such products by promising customers above-market rates.
The expert emphasized that it is important to understand that there is no guarantee of income from investments and the investment part is not insured in the deposit insurance system.
Badalov emphasizes that the Central Bank of Russia (CBRF) requires banks and other organizations to clearly disclose all the details of such products to customers. They must inform customers verbally and in writing that the purchased product is not a normal bank deposit.
Although it has become more difficult to inadvertently purchase such deposits today, the risks cannot be completely eliminated, the financier says.
Earlier, Alexey Rodin noted that if you do not withdraw your money on time and do not leave it on deposit, the bank will most likely automatically extend the contract with unfavorable conditions.
Badalov explains that the key interest rate of the Central Bank of the Russian Federation, on which bank interest rates and other conditions depend, may change over time. For example, the bank may stop offering such deposits and the money may be transferred to a checking account or a non-returning bank account.
Also economist Alexander Razuvaev saidThe increase in the number of financial pyramids in Russia is associated with the desire of residents to get rich quickly.
Previously Mishustin in the name Avoid excessive optimism.