Teller Report

VTB will launch a deposit linked to the key rate of the Central Bank

2/26/2024, 9:44:33 AM

Highlights: VTB will launch a deposit linked to the key rate of the Central Bank. “The conditions for the floater deposit best meet the preferences of wealthy clients,” said the bank’s senior vice president Dmitry Breitenbikher. He clarified that the product will subsequently become available to all investors. Earlier, Dmitry Sakov, head of the testing laboratory group at the League of Digital Economy, said that cyber fraudsters lure users to phishing sites, in particular, by offering increased cashback.

VTB will launch a deposit whose profitability will be tied to the Bank of Russia rate, said the bank’s senior vice president Dmitry Breitenbikher.


This is reported on the bank's website.

“The conditions for the floater deposit best meet the preferences of wealthy clients: flexibility of terms, set of options and interest payment scheme,” said Breitenbecher.

He clarified that the product will subsequently become available to all investors.

Earlier, Dmitry Sakov, head of the testing laboratory group at the League of Digital Economy, said that cyber fraudsters lure users to phishing sites, in particular, by offering increased cashback, imitating the strategy of large banks and online marketplaces.