Translation. Region: Russian Federal
Source: Central Bank of Russia –
An important disclaimer is at the bottom of this article.
Calculation by banks of the maximum yield on attracted deposits for the purpose of submitting information on the maximum yield on attracted deposits to the Bank of Russia as part of the reporting is carried out in accordance with the Procedure for compiling and submitting reports on form 0409119 "Data on the maximum yield on deposits of individuals", established by Appendix 1 to Bank of Russia Instruction dated 10.04.2023 No. 6406-U "On the forms, terms, procedure for compiling and submitting reports of credit institutions (banking groups) to the Central Bank of the Russian Federation, as well as on the list of information on the activities of credit institutions (banking groups)" (taking into account the changes provided for by Bank of Russia Instruction dated 10.07.2024 No. 6800-U "On Amendments to the Bank of Russia Instruction dated April 10, 2023 No. 6406-U".
Based on the specified information, the Bank of Russia calculates the average market value of the maximum yield on deposits of individuals by type of deposit on a monthly basis and publishes it for informational purposes in the subsection “Banking sector” of the section “Statistics”.
The average market value of the maximum yield on deposits of individuals is determined by the Bank of Russia as the average value of the maximum yield on deposits attracted in banks that attracted, over the past calendar month, in total two-thirds of the total volume of corresponding deposits in banks of the Russian Federation.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
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