Benefit from the contribution tends to zero

Banks Finansy19-08-2010 benefits from the contribution tends to zero as banks continue to lower rates on deposits, coming during a crisis to attract customers. Thus, the maximum income on deposits in the Savings Bank today barely covers the current inflation. Thus, we return to pre-crisis year of 2007, when the rates have not kept pace with price increases, and earn on deposits is probably not succeed. Recall rates during the crisis of Russian banks strongly soared. Thus, lenders tried to attract investors, which because of the crisis considerably reduced. The government "generosity" of the banks criticized. Thus, the head of the Central Bank Sergey Ignatiev has repeatedly warned the banks that some of them may have trouble making a profit because of the involvement of public funds at exorbitant rates. Since the beginning of July last year, when averaged over the maximum rate stood at 14.85%, the CBR has started to monitor the Internet sites of ten lending institutions that are leaders in terms of deposits of physical persons. As a result, the Government has made her - the banks have been actively cutting rates. On August 16, 2010 Sberbank has once again changed in the direction of decreasing interest rates on deposits of individuals in rubles. Size of lower interest rates averaged 0,6-1,75% per annum, depending on the type of deposit and term placements, RIA Novosti reported.