Continuing Descend of Ruble Deposit Rates
Uncovering the Latest Changes in Belarusian Bank Deposits 💸
Let's Dive In!
In this laid-back guide, we take a closer look at how a few notable banks in Belarus have tweaked their Belarusian ruble deposit offerings.
Sber Bank - Shifting Gears
Here's the skinny on how Sber Bank has tweaked some of their Belarusian ruble deposits:
- "Stash Away, No Withdrawal with ONLINE BYN" - took a bit of a hit, dropping 0.46 percentage points (pp) to 15.29% per annum (p.a.) for the 366-549 day placement period;
- "Stash Away, No Withdrawal with BYN" - also saw a decrease, shedding 0.21 pp to 15.29% p.a. for the same placement term.
TechnoBank - Switching Things Up
Here's what's new with TechnoBank's ruble deposit rates:
- "Treasure" - gained a bit of traction, increasing 0.09 pp to 15.29% p.a.;
- "Perspective" - took a tumble, losing 0.71 pp to 15.29% p.a.;
- "Reliable Hoard" - followed suit, dropping 0.45 pp to 15.25% p.a.
📰 This article offers insights on product condition alterations at your favorite banking institutions as of the publication date
- Consumer Loans
- Auto Loans
- Business Loans
- Mortgages
- Deposits
- Loans
- Business Account Products
- Credit Cards
- Debit Cards
- New Auto Leasing Services
- Used Auto Leasing Services
- Business Auto Leasing Services
Bankin' in Belarus 💰Belarusian Ruble
- The new rates for Sber Bank's Belarusian ruble deposits reveal a decrease for the "Stash Away, No Withdrawal with ONLINE BYN" and "Stash Away, No Withdrawal with BYN", dropping by 0.46 percentage points and 0.21 percentage points respectively, for the 366-549 day placement period.
- TechnoBank has made adjustments to its Belarusian ruble deposit offerings, with the "Treasure" deposit increasing by 0.09 percentage points, while the "Perspective" and "Reliable Hoard" deposits have decreased by 0.71 percentage points and 0.45 percentage points respectively.
- These changes in deposit rates can significantly impact personal-finance and business decision-making when it comes to saving and managing money in Belarus.
- Sber Finance, a financial institution in Belarus, also offers a variety of other products such as loans, business account products, credit cards, debit cards, and new auto leasing services, among others, which may be influenced by the current changes in deposit rates.
