In December, the average interest rate on bank deposits in the national currency reached 19.6%, marking an increase of 0.2% compared to November. However, over the year, it decreased by the same amount, according to data from the Central Bank.
The yield on deposits with terms of up to one year surpassed 18% for the first time since September, rising by 1.2% compared to the previous month. The rate on long-term deposits fell to 20.3% (-0.3%).
For individual deposits, the rate remained unchanged from the previous month at 22.1%, but increased by 0.8% over the year. The indicator for short-term deposits decreased to 20.8% (-0.1%), while long-term deposits remained at 22.4%. Both indicators have significantly increased over the year.
Corporate deposits showed an increase in rates by half a percent, reaching 16.8%, although they remain 1.1% lower than a year ago. The yield on deposits with terms of less than a year recovered from the November decline, amounting to 16.9% (+2%), while the rate for long-term accounts decreased to 16.8% (-0.8%).
The interest rate on foreign currency deposits stood at 5.3%, increasing by 0.1% compared to November and by 0.6% over the year. For short-term deposits, it is 2.8% (-0.5% for the month), while for long-term deposits, it is 5.7% (+0.1%).
The yield on accounts for individuals was 5.2% (+0.2%), mainly due to an increase in long-term deposit rates by 0.3%, reaching 5.8%. For legal entities, the rate is 5.4% (-0.9% for the month, +0.6% over the year).
Previously, Spot reported that the Senate approved a bill on the reform of bank deposit guarantees.