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Sber increased rates on deposits

by alex

The growth of rates on SberVklad and SberVklad Prime amounted to 1 and 1.5 p.p. respectively

Photo: Maxim Blinov / RIA Novosti

Sberbank has improved conditions for clients on some deposits. From February 18, 2022, interest rates on the bank's flagship deposits, SberVklad and SberVklad Prime, were increased: the growth was 1 and 1.5 percentage points, respectively.

Now the maximum yield (taking into account interest capitalization) on SberDeposit Prime will be 9.5 percent. The conditions for the “Promo Manage” deposit were also improved, the increase was from 1.05 to 1.25 percentage points, depending on the amount of the minimum balance and the period of placement of funds.

“We carefully monitor that both deposits and any other Sber products not only meet market realities, but also provide our clients with the best conditions,” says Sergey Shirokov, director of the Borrow and Save division at Sberbank. “SberVklad and SberVklad Prime are our most popular deposit products, and taking into account the increase in rates, they become even more profitable, and therefore more in demand.”

SberVklad combines several advantages at once: interest is accrued monthly, the deposit can be replenished at a fixed rate, and the client can set his own term for keeping funds – up to a day. And SberVklad Prime provides an even higher rate and is the best choice for SberPrime+ annual subscription holders.

More information about SberVklad can be found on the bank's website.

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