OREANDA-NEWS  If a Russian has free funds and wants to take them to the bank, it is currently better to decompose them into several deposits with different opening dates. This was stated by Igor Balynin, Associate Professor of the Department of Public Finance at the Financial University under the Government of the Russian Federation. He was quoted by Rossiyskaya Gazeta.

According to him, if a person has, for example, 200 thousand rubles, it is advisable to make four deposits, making 50 thousand for each for 3, 6, 12 and 36 months. In addition, it is worth finding a long-term deposit, the conditions of which allow it to be replenished. This is necessary so that in the future all available funds can be transferred there. However, so far the market does not pamper the consumer with a large number of such options.

Balynin stressed that as soon as the regulator gives a signal to ease monetary policy, banks will immediately stop offering such attractive conditions as they do today. The 20 percent rate will apply to offers from three months to six months. However, the probability of a sharp decrease in the key rate still looks zero, which means that profitable offers for short-term deposits will not disappear for a long time.

Earlier it was reported that the volume of the deposit portfolio of Russian banks has grown to a record 1.1 trillion rubles.

In the summer, Russians began to take savings from term deposits in private banks and carried them to state banks, which began to attract new customers with especially favorable terms.