Sberbank has improved the terms for certain savings accounts. Starting February 18, the interest rates on SberVklad and SberVklad Prime, the bank's flagship deposit accounts, are one and 1.5 pp higher, respectively.

The maximum income under SberVklad Prime is now 9.5%, accounting for capitalized interest.

The terms of the Promo Manage deposit account have also been improved, with an increase of 1.05 to 1.25 p.p. depending on the minimum balance and the maturity of the funds.

Sergey Shirokov, director of Borrow and Save, Sberbank:

"We constantly strive to ensure that both savings accounts and any other products by Sber not only meet market realities, but also have the best possible terms for our clients.

"SberVklad and SberVklad Prime are our most popular deposit products, and the increase in interest rates makes them even more profitable and therefore more relevant."

SberVklad combines several advantages: interest is accrued on a monthly basis, the account can be replenished at a fixed rate, and the client can set their own retention period to the day. SberVklad Prime provides an even higher rate and is the best choice for SberPrime+ annual subscription holders.

More information about SberVklad is available on the bank's website.

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Sberbank of Russia published this content on 18 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 13:21:00 UTC.