Banks Increase Interest Rates for 9-Month Deposits: Case in Point, Uralsib
UralSib Bank, a Russian financial institution, has recently increased the yield on its "Income" deposit line for a term of 271 days. The new yield ranges between 15.21% and 16.6% per annum.
For those interested in UralSib Bank's deposit offerings, it's important to note that the specific terms and conditions for deposits and savings accounts are not detailed in publicly accessible sources. To get accurate and current information about interest rates, minimum deposits, withdrawal rules, and associated fees, it is recommended to consult the bank's official website or contact UralSib Bank directly.
The contact information for UralSib Bank is readily available. You can reach them at 8-800-250-57-57 (free call within Russia) or visit their website. It should be noted that the bank holds a general license from the Bank of Russia.
It's also worth mentioning that UralSib Bank has a minimum amount of 1,000,000 rubles for opening a deposit in its offices. However, the minimum amount for opening an online deposit is 50,000 rubles. The maximum amount for a deposit at UralSib Bank is 1,000,000,000 rubles.
In addition, the profitability of UralSib Bank's operations in Southern Russia in the first half of 2025 is not specified in the available search results. Previously, UralSib Bank was reported to support business development in southern Russia.
UralSib Bank is subject to international financial sanctions, including restrictions on accepting deposits from Russian nationals or entities above a certain value and limitations on providing certain financial services due to EU and US sanctions effective through mid-2025. Given these sanctions and regulatory restrictions, deposit conditions at UralSib might be affected, such as limits on deposit amounts, customer eligibility, or transaction types. However, explicit updated terms and conditions are not publicly listed in the sources found.
It's always a good idea to verify the details with the bank before making any financial decisions. UralSib Bank encourages customers to seek more information on deposits and savings accounts at their branches.
For those looking to invest in personal-finance opportunities, UralSib Bank has increased the yield on its "Income" deposit line, making it an attractive option with rates ranging from 15.21% to 16.6% per annum for a term of 271 days. However, it's essential to consult the bank's official website or contact UralSib Bank directly for accurate and current information about interest rates, minimum deposits, withdrawal rules, and associated fees, as terms and conditions may not be detailed in publicly accessible sources.
