Overview

• From Oct. 16, VTB sets a 15% maximum on long‑term ruble deposits spanning six months to 1.5 years.
• Three‑month offers reach 16% for Prime and Privilege clients, with the terms open to both new and existing customers.
• VTB reports a September acceleration in household saving after an August slowdown, led by ruble term deposits.
• The bank forecasts the savings market at 66.2 trillion rubles in 2025 and ruble liabilities at 62.8 trillion, with double‑digit growth expected next year.
• Rival lenders also raised offers, including Yandex Bank to 16% for three months and MKB to 10.4–15.7% on select terms, according to Marcs.