OREANDA-NEWS On March 1 and 2, after raising deposit rates to 21%, Russians placed more than 1 trillion rubles in Sberbank. This was reported by the press service of "Sber". Since March 1, many banks in Russia have increased rates on deposits and loans. This happened against the background of the growth of the key rate. On February 28, the Central Bank (CB) immediately increased the indicator by 10.5 percentage points — up to 20% per annum.

The inflow of funds demonstrates that the majority of Russians continue to use banking services as usual, the press service of Sberbank said. They reminded that you can quickly open a deposit through the Sberbank Online mobile application.

"The growth of deposits both in rubles and in foreign currency is associated with the rates that Sberbank has raised in recent days to support its customers," the Savings Bank noted.

The financial institution reminded that the maximum deposit rate in rubles now reaches 21% for a period of 1 to 3 months. In foreign currency — 6% in the amount of $1000.

Earlier, the Secret wrote that the maximum rate on the "Savings Deposit" from March 1 reached 16.5% per annum, the "Prime Savings Deposit" - 18%, and on the "Promo Manage" deposit - 16%.

New deposits in US dollars and euros reached a maximum of 5% on the "Currency save" promo deposit in dollars, the rate in euros was lower - 3.5%. For the "Currency Manage" deposit, the maximum rate was 3% in dollars and 2% in euros.

On February 28, the Central Bank raised the key rate to 20% and explained this by external conditions for the Russian Federation, which have recently "changed dramatically."

The regulator believes that an increase in the key rate will make deposits in banks more profitable. This will help the population to compensate for the risks of falling ruble and inflation.