How real is the risk of deposit freezes in Russia, and how can you protect your savings? With the Central Bank’s key interest rate at 21% and potential increases looming, concerns about deposit security are growing. Learn about historical examples, global cases, and practical ...

One of the most common methods of investing among individuals is savings bank deposits. It may seem simple to just deposit money, but even this straightforward investment method has its nuances. Ignorance of these nuances can lead to reduced profits. Additionally, many depositors lack an understanding of capitalization and how ...

Amid rumors of a possible freeze on deposits, many Russians are wondering where to transfer their savings to minimize risks and preserve their savings. In this article, we will tell you about safe and profitable alternatives, such as bonds, real estate, precious metals, investment funds ...

... but adds it to the principal amount of the deposit. Consequently, interest will also accrue on the interest. A bank deposit can be opened not only by visiting the bank in person but also online. Several financial institutions offer higher rates for deposits initiated online. Hence, depositors can save both money and time, avoiding long queues and the inconvenience of visiting multiple banking locations. The size of the interest rate is directly correlated with the deposit amount and the duration of the funds' placement. Shorter deposit terms generally ...

The unstable economic situation, depreciation of the national currency, and rising prices for various goods inevitably lead individuals to think about preserving and growing their personal finances. The first thought that comes to mind is a deposit. However, the closure of banks and issues with the return of funds raise doubts about the profitability of deposits. The unstable economic situation, the depreciation of the national currency, and rising prices for various goods inevitably ...