Russian bank kept interest rate increase at 18% annually 10:42

Sber has expanded its offer for “Best Percentage” deposits with increased rates up to 18%, according to the bank’s press service.

Sber clients will receive a higher rate when investing for 6 or 7 months with interest payments at the end of the term.

“In June, the number of customers in all Sber deposit and savings accounts increased by 1 million, and the number of opened deposits increased by 1.6 million,” said Dmitry Volodin, manager of Sber Customer Savings Department.

Sber customers can open a deposit using the app or at the bank’s office.

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Source: Gazeta


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