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The interest rate in Belarusian banks reached 50%

Friday, 27 September 2013 14:41
bank interest rates in belarus

Keeping money in Belarus could be a good but risky business. The interest rate reached 50% per year today if you keep your deposit in Belarusian rubles. Moreover there are no big limits about your deposit: you could keep your money in the bank for 1-3 month and get the same percentage. So if you leave 1 million ruble in the bank you would have over 2 million ruble on your account after 18 months! Of course this would not last forever and the rates will change eventually.

The interest rate for deposits in USD or EUR is high but not as exciting. You could get about 5% per year.

Last Updated on Friday, 27 September 2013 14:45


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