The rate of the contribution: whether to open the rouble Deposit and in which Bank

From 10 January to 10 February, the yield on ruble-denominated deposits decreased slightly: the maximum rate on deposits in the amount of 50 thousand rubles by the Russian agricultural Bank, Raiffeisenbank and Sovcombank, which reduced average rates for almost all maturities. Thus, the average rate on deposits for the year over the past month fell by 0.02 p. p. to 7.62% per annum, and the rate on three-year deposits — by 0.09 percentage points to 6.58% per annum. Short deposits also become less profitable: they can bring in an average of 6.18% per annum 0.06 p. p. less than in the previous month.

However, the increase in the average interest rate on deposits for a year and a half. It has increased from 6.64% in January to 6.82% in February, due to the fact that the Bank removed from its product line a Deposit of one and a half years with a low rate, influencing the mean value.

The highest rate of annual contributions is still in ICB Sovcombank and in these banks you can put money on the year at 9.25 and 8.8% per annum respectively. A three-year Deposit at the highest rate of 8% per annum can be opened in Sovcombank. Slightly less income on the Deposit “Classic” for the same period in the agricultural Bank: 7.65% per year. These banks offer the highest Deposit rates for the month of 8.8% per annum in Sovcombank and 7.85% per annum in the agricultural Bank.

For the big money

Bankers interviewed by RBC, do not expect a noticeable decrease of Deposit interest rates in the near future. The key rate of the Central Bank is unchanged from September 2016 that allows to predict the stabilization of Deposit rates, says senior Vice-President, Director of retail business Department of VTB24 Yulia Demenyuk. However, after a few months the regulator can still lower the rate, so the profitability of deposits may go on the decline, said Deputy General Director of “Interfax-CEA” Alexey Buzdalin. In addition, now the ruble strengthened since the beginning of the year, the dollar / ruble exchange rate decreased from 61,1 to 58 RUB/USD. “For this reason, the demand for ruble deposits, which in principle, should encourage banks to lower Deposit rates,” he explains. According to the forecasts of development Director of card business Department’s products and processes Svyaz-Bank Natalia Nalivkina, by the end of the year Deposit rate will drop by 0.5–1 PP.

Demenyuk of VTB24, says that in recent years banks impose higher rates on deposits up to one year. But soon the trend may change, and become more profitable long-term deposits, as banks become interested in more long-term money, she said. “Their involvement provides the basis for issuing long-term loans, such as consumer loans for long terms or mortgage,” says Demenyuk.

How to save

In addition to interest rates on deposits is also important factor of reliability of the Bank where the Deposit. Alexey Buzdalin of “Interfax-CEA” recommends that you store your money in large banks with high credit-ratings assigned by international agencies. However, it is better not to place in one Bank a sum in excess of insured by the state to 1.4 million rubles., he said. “If the small depositor of the Bank disregards this rule, he must remember that no bet will not cover its risks,” — says Buzdalin.

Another risk factor — fluctuations in currency exchange rates, including risks weakening of the ruble. To guard against this, Alexey Buzdalin advises to diversify savings. “Oil prices are quite volatile, and despite the fact that while they are consistently above $50 per barrel. and support the ruble, the risk of falling and the devaluation of the ruble still exists,” he says. Therefore, the currency is to keep 40-50% of the savings, he said.

Depositors with small savings Nalivkin from the Relationship Bank advises to open deposits for the minimum amount with the possibility of replenishment. “The contributions of a few thousand or tens of thousands of rubles is useful in case if there is a possibility of replenishment in the future, for example, from each paycheck. This will allow you to accumulate the required amount by a certain date,” she says.

Instead of Deposit

Given that interest rates on ruble deposits are stagnating and have further potential to reduce, experts suggest to look for alternative tools.

In particular, higher than on deposits, may be the return on the stock market: conservative investors can invest in bonds, for example in the BFL is the most reliable paper in the market, says a leading investment Advisor of FG BKS Sergey Skorobogatov. “Over the past year they showed a yield of 24% per annum, mainly due to the increase of the nominal value of the bonds themselves,” he example. This year is expected reduction of the key rate, causing the value of bonds will continue to increase. Therefore, in 2017, investors can earn on BFL about 14-16%, according to Skorobogatov. However invested in securities funds in contrast to the deposits are not insured.

More risky, but also popular among investors a tool he calls the shares of companies that pay high dividends. These include Surgutneftegaz, Rostelekom, Moscow United electric grid company, Bashneft, MegaFon, Moscow exchange, lists Skorobogatov. “In 2016, the dividend yield for these companies was more than 8%,” — he said. However, investors need to consider the risk of reduction in value of these shares, recalls the consultant.

The relatively stable shares senior portfolio Manager of the criminal code “Kapital” Vadim Bit-avragim calls stocks in the telecommunications sector. Besides, MTS and MegaFon will pay good dividends. Also large payments will be received by the shareholders of “Norilsk Nickel” — the company will pay the investors dividends at the level of 10-10,5%, exceeding the return on Bank deposits.