Aleksey Kuzmin
CJSC CB “Rosinterbank”, First deputy Chairman of Board
The situation on external capital markets for Russian banks is still not very favorable. In our opinion the trend on the increase of interest rates on deposits during the year will persist. It is clear that credit organizations will aspire to make for the population remunerative offers to attract their deposits. Already by now we observe interesting conditions and rise of rates in many of the banks as well as in those which enter in the top-30. According to our information the average market rate on deposits in rubles for the first half of 2014 increased by 0.34%. Contrary to the mentioned the currency offers on steps for stabilization of consumers’ sentiments have decreased.
|
Aleksandr Turskov
Bank Intercommerce, Vice-president
For sure, we do not have to expect any rates decrease. In the nearest future we do not see any new alternative sources for funding of Russian banks except for those which exist as of now. Whereas the level of competition despite of the comparatively low summer -season is already very high.
Once talking of highest possible rates for deposits then it is worth bearing in mind that the regulator’s actions directed at limitation of the top margin for deposits rates of the population. Considering the tough stance of the Bank of Russia in its will to clear up the sector from high-risk players most probably we will not experience any mass increase of rates above the “permitted” levels. The maximal annual rate will remain on the level of 11-11.5% excluding rare exceptions. Well, as it was already mentioned, the competition for obtaining resources, especially for the long-term ones, which mainly are private investments, is very high, that means that more and more banks will be obliged to raise their rates, thus drawing those closer to the maximum level. In May-June we saw how such major banks like Sberbank, VTB and Alfa-Bank raised their maximum rates for deposits, which consequently means that the market will be obliged to pull up after them.
|
Yuliya Malishkina
MTC Bank, Director of the Department of elaboration of business processes and products description
In the nearest perspective a slight rise of rates in ruble deposits is possible.
|
