Russians to receive a record $66.7 bln in 2024 — VTB

Business & Economy December 04, 10:40

The tax on gains from deposit interest will remain at the level of 13-15%, Dmitry Breitenbikher noted

MOSCOW, December 4. /TASS/. Interest payments on deposits and savings accounts to Russians could exceed the record-high seven trillion rubles ($66.7 billion) in 2024, VTB Senior Vice President Dmitry Breitenbikher said on the sidelines of the VTB Russia Calling! Investment Forum.

"The continuing growth of the key rate this year fueled the enthusiasm of depositors, prompting them to accumulate more and more money in deposits. Payouts of interest on deposits and savings accounts will exceed the record-high seven trillion rubles. VTB will pay about one trillion rubles ($9.5 billion). This is an all-time high - three times more than we paid last year," the banker said.

The tax on gains from deposit interest will remain at the level of 13-15%, he added.

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