The best deposits in Belarusian rubles: expert advice

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Everyone understands that money should not lie idle, but not everyone knows that deposits in Belarusian rubles are the best, because they have high rates. They are made like this to protect the savings of depositors from inflation. Therefore, they can generate income, even if you use only one banking instrument - a deposit, which, although simple, is effective. Bank deposits are called deposits. The best in Belarusian rubles will be listed in this article. Of course, they cannot bring a large income, but they always please with their stability. It must be remembered that interest rates on deposits in rubles, if you approach things wisely, can bring good income, but a deposit in foreign currency will be protected from any devaluation.

First knowledge

Before you start choosing a product, you need to find out which deposits in Belarusian rubles are the best. Listen to the opinions of experts who do not recommend placing impressive savings in one deposit and even in one bank. Everyone remembers the parable about how they put all the eggs in one basket. You need to choose the best deposits in Belarusian rubles and differentiate your risks using different tools in the banking arsenal. This applies, of course, to owners of large savings. Especially for such lucky ones, there are sites on the Internet where every self-respecting bank has calculators for deposits in Belarusian rubles. With their help, you can easily calculate, by comparing bank deposits, which are suitable for each specific depositor, one might say, ideally. And there are special databases where you can find information about any deposits offered by all banks of the Republic of Belarus, where deposits in Belarusian rubles can even be made online.

There are such filters that allow you to consider the conditions of deposits only in the capital of the Republic of Belarus - Minsk. Or, for example, find the best deposits in Belarusian rubles in Grodno. In principle - in any city of Belarus where there is at least one bank. In addition, not a single product offered by banks is ignored in this calculator, and information is updated not just often, but around the clock, as soon as changes and additions appear. The program itself can select information according to the specified parameters, for example, the best deposits in Belarusian rubles in Gomel. You just need to enter your conditions in a special window: the amount of the deposit, the currency in which it will be saved, the period that the depositor has to save his money, and that's all, now all the best are on the monitordeposits in Belarusian rubles in Grodno are listed. Or in Gomel? It doesn't matter, you can choose the city you need - any.

About information

In addition to calculators, every banking site publishes articles in which experts discuss a variety of topics, often concerning the best interest rates on deposits in Belarusian rubles. And if you constantly follow these materials, you can always be aware of the latest forecasts and trends that experts give, which also helps in making decisions.

Databases are constantly kept up to date, where information is diligently updated. For example, about rates - weekly, and since it is impossible to keep track of their changes in real time, before visiting the bank, it is recommended to clarify the information of a particular product in the bank call center.

What Belarusian experts say

Experts state that Russian investors have flocked to Belarus. Analysts noted a very sharp increase in the number of open deposits in the banks of a friendly country, which our compatriots fully trust. As if during the crisis, an amazing island of well-being was found. This is no accident. The best deposits in Belarusian rubles in Minsk and other cities of the Republic of Belarus really attracted many new depositors from Russia.

In 2017, this is almost two thousand new deposits. Of course, it's too early to call it a boom, but it's also impossible not to notice this increase. The Belarusian "Alfa-Bank" said that they have an increase in depositsfrom Russia amounted to as much as seventeen percent, while in 2015 there were only nine of them, and in 2016 a little more. Moreover, the best deposits in Belarusian rubles in Polotsk, Grodno or Gomel - geography does not in the least interfere with the number of deposits - were preferred by the Russians not at all for the last money. These people are quite we althy, and their deposits are mostly more than one hundred thousand dollars in terms of rubles. The average size of a deposit from Russia increased by thirteen percent, according to the press service of this bank.

Why is this happening

As Belarusian bankers explain, the growth of interest in such deposits on the part of Russian depositors is due to a fairly high yield, because in the Republic of Belarus the rates on foreign currency deposits are one and a half, or even two times higher than in the Russian Federation, even considering expected deductions. Such as, for example, income tax on interest income. And one more important point must be taken into account when comparing the two banking systems. Russian depositors are attracted by the mechanisms for reimbursement of their deposits, which the state guarantees in any case. If a force majeure event occurs, the deposits will be returned to the Russians in full, payments are not limited to the amount of 1,400,000 rubles, as is done in the Russian Federation.

There is another very pleasant moment. You could say it's a bonus. In the event of force majeure, the Russians will receive their contribution in the same currency in which it was saved. And this is important. There is no such rule in the Russian Federation, we allforeign currency investments are compensated only in rubles and only at the rate of the Central Bank. However, on the websites of banks there is information that the tax situation has changed, but experts do not associate the recent activity of depositors from Russia with this. The matter is that since April profitability of deposits has a little decreased. The Republic of Belarus now levies a 13% income tax on foreign currency short-term deposits. However, the tax, according to the National Bank of Belarus, will not be levied on deposits that were opened more than two years ago.

Benefit

Anyway, the situation with deposits in Belarus looks attractive for depositors, and therefore Russians are willing to use banking services in this neighboring country. At least the closest neighbors - Muscovites and St. Petersburg - definitely come here to make their contribution. And there the number of we althy people is much higher than in the rest of the country. Of course, there are some overheads waiting for them, but they can be easily covered.

For example, an account is opened for five thousand dollars (in rubles, this is about sixty for one). Five percent yield is already a benefit of twenty thousand per annum. Transport will fit within this framework, since once you need to personally come to open a deposit. Then you can use the services of mobile banking. It is equally beneficial to do this for car owners who will travel from Moscow for the best deposits in Belarusian rubles to Vitebsk, for example, and for"horseless" who will buy a train or plane ticket.

Safety

The most interesting thing is that the citizens of the nearest and not too close European countries also saw the benefit in Belarusian deposits. More and more people come here from Poland, Switzerland, France, Germany, Italy, Spain, from all three B altic countries, because the conditions are actually very attractive. Many European banks can offer clients not just zero, but even negative returns on their deposits.

The advantages of the Belarusian financial system do not need to be listed here. In total, there are twenty-six banks in the Republic of Belarus, and their work is regulated by the National Bank. From there, the situation is closely monitored, and therefore the revocation of a license or even the suspension of activities is considered a mega-event. The last time this happened a long time ago with the Ukrainian branch of Delta Credit. Moreover, absolutely all payments were made, none of the depositors suffered, and therefore there was no negative precedent.

What Russian experts say

Russian experts are not so sure about the cloudlessness of the situation on the Belarusian banking services market. For example, Oleg Ivanov, vice-president of the Association of Banks in Russian Regions, is sure that it is not necessary to open deposits in Belarusian banks without special need. Moreover, he argues that the risks still exist, and considerable ones. Therefore, it makes sense for the investor to think many times before making this business tour.

First,if some force majeure suddenly happens in Belarus, where will the authorities and the banks of the republic begin to take foreign currency to give it to depositors? But such a need always happens suddenly, and no country is immune from this. The experts are right to be wary. To protect depositors, no state will be able to pay all amounts on deposits in a currency that this state does not issue. In this case, you can only count on Belarusian rubles.

Fears

Let the representatives of the Russian banking community aggravate the danger a little, since none of our bankers will like the massive trip of rich depositors to a neighboring country, and they will dissuade them from this step with all their might. But this position is also supported by independent experts, who remind that the economy of the Republic of Belarus is not too strong and not too strong, and in many positions (including banking) it depends on Russia.

And in Russia now the crisis. It is strange if people in Belarus hope to hide from him. High, in addition, and purely political risks. At the moment, Belarus is in great need of an influx of foreign currency, and therefore declares the above conditions. But tomorrow the situation may change, other needs will arise. And as always - suddenly and instantly. It is not a fact that the currency that Belarus has is enough for everyone. That is why Russian experts do not recommend playing such games. However, there is no mass exodus yet, there is only a certain trend.

JSC"ASB Belarusbank"

This is the largest bank in the republic. You can open a deposit both in the head bank and in subdivisions. Belarusbank provides the best deposits in Belarusian rubles in Brest and Vitebsk, Polotsk and Gomel to everyone. Internet deposits can be used to perform a variety of operations, including the conclusion of an agreement on printed documents certifying the acceptance of a public offer. Here they certify testamentary dispositions and even draw up powers of attorney, pay money by proxy to heirs.

And the best deposits in Belarusian rubles in "Belarusbank" are as follows. First of all, this is a term bank deposit "Internet Deposit-Trend Revocable". Full information about the conditions can be obtained directly from the contact center of the bank. Opportunities for customers with the opening of this deposit appear extensive. The depositor can manage the savings via the Internet or at the information kiosks of JSC "JSSB Belarusbank" using their own payment card.

Benefits

The advantages of this deposit are the ability to open and manage a deposit without visiting the structural divisions of the bank, in the same way the deposit is replenished. Interest is capitalized monthly. The deposit is returned after the due date by simply transferring the balance of money, together with accrued interest, directly to a bank card. Another of the best deposits in Belarusian rubles is "Classic irrevocable for a year" with 7.5% per annum.

The interest rate is fixed, pay extra orYou can't withdraw this money. Interest is capitalized at the end of the savings period. Long-term termination of the contract is also not provided. What is good about this contribution? And why do so many people prefer it? Because here the interest rate is fixed, and this money can be saved for a gift, that is, this deposit is completely open to any other person, and people use it.

JSC "Belvnesheconombank"

This is a respected and quite experienced bank in the republic, since it was opened in December 1991. Its activities are carried out under licenses from the National Bank and the Ministry of Finance - with permission to conduct professional, stock exchange activities, as well as those related to precious stones and metals. At the beginning of 2017, there were seventeen branches in the network of territorial divisions of the bank, which means that the best deposits in Belarusian rubles in Mogilev can also be found and opened, not only in Minsk.

In addition, the bank has three subsidiaries. The statutory fund is 117,407,500 Belarusian rubles, and only among compatriots it serves forty-three thousand individuals and four hundred and thirteen legal entities. Of the best deposits, we can advise "Vydatny" - an irrevocable deposit for six months with a rate of 10.4% per annum. Just as good is Universal Irrevocable, also for six months, with a rate of 10.2% per annum. In the second case, the interest rate is fixed.

What Belvnesheconombank does

The National Bank is allowed to attract any funds to accounts and deposits from legal entities and individuals (deposits); deposits can be at their own expense and on their own behalf, with the condition of urgency, payment, repayment; opening bank accounts, as well as in precious metals; settlement and cash services for individuals and legal entities, correspondent banks; currency and exchange transactions, purchase and sale of precious metals, deposits of precious metals.

In addition, the bank has the right to pay bank guarantees; trust management of deposits; collection of money, other valuables - precious stones and metals; issue of payment cards; issuance and placement of securities on accounts, which confirm the attraction of money for deposits; factoring; providing premises and safes to customers for depositing money, securities, precious metals, precious stones and the like; transportation of cash, payment instructions, precious metals and precious stones between banks and other organizations, delivery of valuables to customers.