RRDB has adjusted its rates for individual deposits

Moscow, 18 January. The Russian Regional Development Bank has adjusted its rates for a number of individual deposits in rubles and foreign currency to the average market level in accordance with the Bank of Russia’s recommendations to all credit institutions.

On average interest rates for RRDB term deposits in Moscow and in the regions decreased by 0.9% per annum for deposits in rubles, 0.7% for deposits in US dollars, and 0.3% for deposits in euros. The rates for Investor, Investor Premium, New, and Pension Line deposits remained the same.

For private customers, who opened a deposit before 18 January 2010, their deposit interest rates remained the same in accordance with the terms and conditions of their agreements.

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