Reduced Deposit Rates at VTB Following Decrease in Key Rate
Peeling Back the Layers of Russia's Economic ShiftJune 20, 2025, 1:45 PM
Juicy Gossip from the Economic Playground 📢📈VTB's First Deputy Chairman, Dmitry Pyanov, has spilled the beans on some juicy economic changes in Russia.
"Gather 'round, folks! The economy's about to get a makeover," Pyanov announced in a Business FM interview.
With a twinkle in his eye, he revealed that credit regulation is set for a relaxing massage. As of October 1st, banks will require one less unit of deposits to finance one unit of credit. 💰💰
