Low-income Russians will be able to open social bank deposits 18:19

Russian President Vladimir Putin has signed a law that will allow low-income Russians to open social bank accounts, as well as social bank deposits of up to 50,000 rubles. The relevant document was published on: Web site official publication of legal regulations.

We are talking about citizens who receive social support. The contract with the bank will be concluded electronically through the State Services portal. The law will allow Russians to open social bank deposits in rubles for one year and will also provide the opportunity to extend these deposits for the same period if they continue to receive this support.

Citizens will not be able to contribute more than 50 thousand rubles to a social contribution or account. For a social contribution, the bank will set a maximum interest rate on deposits of individuals for up to one year. Interest payments will be made monthly. For the amount of up to 50 thousand rubles in a social bank account, interest will be accrued at the rate of at least half of the interest rate of the Central Bank of Russia on the date of accrual, and above this amount – at the rate specified in the agreement on such an account.

Before that, financier Lazar Badalov warnedHe said that bank deposits containing investment products may be unprofitable in terms of profitability.

Previous analysts done Portrait of a Russian investor.

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Source: Gazeta

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