The average rates for bank deposits in the national currency dropped to 19.2% per annum in September. This is reported by the Central Bank.
The most significant decline was observed in the segment of deposits with a term of less than a year, decreasing to 17% (-1.4 percentage points). The yield on long-term deposits only decreased by 0.2% — to 20.5% per annum.
For individual deposits, the average rate remained at 22%. Rates for short-term accounts increased to 21% (+0.2 percentage points), while the yield on deposits with terms longer than a year remained unchanged at 22.3%.
In the corporate sector, rates fell by 1.6 percentage points over the month, reaching 16.2% for the first time since the end of May. The yield on deposits with terms longer than a year decreased to 17.2% (-0.7%), while short-term yields hit a low not seen since summer 2023 — 15.4% (-2.3%).
Deposits in foreign currency showed a slight increase in yield to 4.9% (+0.2%). This was achieved due to rising rates in the short-term segment (up to 3.9%) while the yield on long-term deposits remained stable at 5.3%.
Rates for currency deposits for individuals increased to 4.9% (+0.3%), with a 0.7% increase in the short-term segment — to 3.7%. For legal entities, the yield dropped to 5.3% (-0.2%).
Previously, Spot published reviews of the most profitable deposits in sums and dollars.