VTB News (Kazakhstan)

21 april 2023

VTB (Kazakhstan) begins to accept deposits in rubles

VTB (Kazakhstan) expands the deposit line of the bank and begins documenting deposits in Russian rubles at a guaranteed effective interest rate of 1% per annum. It is the maximum rate for savings in foreign currency. Retail customers can open a deposit at any bank branch or in the mobile application VTB KZ Online.

The minimum sum of the deposit "Comfortable" is 1 thousand Russian rubles, and the maximum – is 100 million rubles. You can replenish and withdraw a deposit at any time. The deposit term is 12 months.

The Kazakhstan Deposit Insurance Fund insures the ruble deposits of individuals with VTB (Kazakhstan) – the guarantee amount in the equivalent is 5 million KZT.

"Today, the bulk of individuals’ savings with VTB (Kazakhstan) – 86% – accounts for deposits in local currency. However, recently we have noted interest on the part of middle and wealthy segment customers to place funds in Russian rubles. This year we are planning to actively develop this area, so we are adding a new product to our line, setting for it the highest rate in the market – 1% per annum" – director of the retail business department of VTB Bank (Kazakhstan) Stanislav Koziakov commented.

You can clarify details on opening a deposit in Russian rubles in the contact center at number 5050, on the official website of the bank vtb-bank.kz, or in the branches.