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Belarusian Banks Changed Interest Rates On Deposits

Belarusian Banks Changed Interest Rates On Deposits

Where was it raised and where was it lowered?

Two Belarusian banks have announced changes in interest rates on deposits. One of them raised the rates, while the other - completely revised the rates on several popular deposits, but not all of them - upward, writes Telegraf.news.

BNB-Bank announced about the increase in interest rates on deposits on the eve. This will affect irrevocable deposits, regardless of the deposit term. The highest rates are traditionally on long-term deposits. If you make a deposit for the term of 13 and 24 months the rate will now be 15.64%.

The rates on short-term deposits have also been raised. From today they are:

8% per annum for deposits for 3 months;

12.5% - for deposits for 6 months.

By the way, customers who make a deposit for the amount of 5000 rubles through the bank branch, promised a VISA Classic "Orange" plastic card as a gift. The promotional offer is valid from November 11 to November 30.

And another Belarusian bank, MTBank, has completely revised the rates on two popular deposits - "MTBelki" and "MTBelki online" from November 12. The yield was increased only for long-term irrevocable deposits - those that can not be taken out of the bank before the deadline. The rate on such deposits for 13 or 14 months has been raised:

from 14,29% to 14,35% at registration in the bank,

from 15,29% to 15,35% at registration online.

At registration of this deposit for a shorter term (from 32 days to 5 months) the rates, on the contrary, have been lowered - both for irrevocable and revocable deposits. The yield on them was reduced by 0.5 - 2 percentage points.

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