Russian credit institutions launched New Year’s campaigns, opening the hunt for 13 salaries and bonuses of citizens. Among these stocks, many are less profitable than it might seem at first glance. The interviewed experts spoke about this.
“From December 1, citizens will be able to open a deposit at 8-9.5% per annum with a key rate of 7.5%, as well as apply for a mortgage on special conditions. There are more savings stocks this year than credit stocks. However, the proposals of financial institutions are more modest,” they note in their article. “News”. According to experts interviewed by the publication, Russians should be careful, because often a New Year’s loan at a low rate may turn out to be less profitable than a loan at regular times.
The publication’s monitoring also showed that New Year’s promotions announced by banks this year are less profitable than last year. Out of the 30 surveyed banks, only two can offer a profitable loan, and only four banks are preparing profitable bonuses for cardholders. According to Associate Professor of Russian University of Economics. G.V. Plekhanov Denis Domashchenko, banks every year try to attract customers with similar New Year’s promotions, because the last month of the year is associated with a surge in payments to Russians in the form of premiums and bonuses.
Earlier it became known that in Russia the mortgage continues to “grow in price” because of the risk of non-payments. However, in many banks, the number of applications for mortgages has increased over the past month. In addition, Alexander Safonov, a professor at the Financial University under the Government of the Russian Federation, told the Russians about a new type of pension.