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Continued Decline in Ruble Deposit Rates

Banks in Belarus alter interest rates for ruble-denominated deposit products - a detailed analysis provided.

Continued Decline in Ruble Deposit Rates

Let's Dive into the Latest on Belarusian Banking Scene!

Banks ‘lil Ruble’ Deposits Rates Remix

Sber Bank

Let's kick things off with Sber Bank, the local titan in Belarus. They've shaken up their deposit game lately - and we ain't complainin'!

  • The fan-favorite "Save without withdrawal in BYN Online" took a tiny dip of 0.46 percentage points (pp) to land at a sizzling 15.29% per year (p.a.) for a 366-549 day term.
  • The second-string "Save without withdrawal in BYN" followed suit with a minor 0.21pp reduction, staying put at that same 15.29% p.a. within the same time frame.

TechnoBank

TechnoBank, our sleek competitor, has mixed things up too:

  • "Treasure" took a teensy step forward, rising by 0.09pp to 15.29% p.a..
  • On the flip side, "Perspective" took a bit of a tumble, down by 0.71pp to 15.29% p.a..
  • Lastly, "Reliable Hoard" slid down by 0.45pp to 15.25% p.a..

Remember, these rates may change over time and for different term lengths. For the most accurate info, reach out to the banks or check their websites.

In case you're eager to learn more about banking services offered by these banks, here's a lowdown:

  • consumer loans
  • auto loans
  • business loans
  • mortgages
  • deposits
  • loans
  • business account products
  • credit cards
  • debit cards
  • new and used car leasing services
  • business car leasing services

Bankin' in the 'Burg Belarusian Ruble Deposits Rate Roulette By Mikhail Svetlov Bankin'gage

Note: This article was accurate at the time of publication. For the most recent and precise information, please get in touch with Sber Bank and TechnoBank, or visit their official websites.

  1. Sber Bank, in the Belarusian banking scene, recently adjusted their 'Save without withdrawal in BYN Online' deposit rate, reducing it by 0.46 percentage points, leaving it at a competitive 15.29% per year for a term of 366-549 days.
  2. TechnoBank, another key player, has also modified deposit rates; 'Treasure' has risen by 0.09 percentage points, standing at 15.29% per year, while 'Perspective' has seen a decrease of 0.71 percentage points, also at 15.29% per year. 'Reliable Hoard' has slid down by 0.45 percentage points, now offering 15.25% per year. These rates may vary over time and for different term lengths, so it's best to confirm with the banks or check their official websites.
Examining modifications in deposit interest rates by local banks in relation to Belarusian ruble savings products.

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