Gazprombank from May 1 to cut rates on deposits – Kommersant

                             
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Gazprombank following reduction of the key rate of the Central Bank from May 1 will reduce interest rates on ruble and foreign currency deposits. “We plan to close lower rates on certain loans and retail deposits”, – quotes “RIA Novosti” words of deputy chairman of the Bank Alexander Sobolev.

on ruble deposits rate will be reduced to 6,6-11% of 8,2-12% per annum. Interest rates on dollar deposits dropped to 2,45-3,5% to 2,9-4% per annum; for deposits in euros – up to 1,95-3% to 2.6-3.1% per year.

At the end of today’s session of the Board of Directors of the Bank of Russia decided to reduce its key interest rate from 14% to 12.5%. Thus, the regulator decided that achieved stabilization of inflation expectations.

The Board of Directors of Bank of Russia on March 13 decided to reduce the key rate c 15% to 14% per annum from 16 March. Earlier, on February 2 the regulator lowered the rate from 17% to 15%.

Details of the decision of the regulator, read the material “b”, “the Bank of Russia lowered its key interest rate from 14% to 12.5% ​​».