In which bank is it more profitable and more reliable to open a deposit
In which bank is it more profitable and more reliable to open a deposit
Increased cases of revocation of licenses from banksmake the question of the correct choice of a financial institution for opening a deposit is particularly relevant. Ideally, the bank should be reliable and stable, and also ensure high profitability.
How to choose a bank
The first thing to do is choose a reliablebank, only then - the most profitable deposit in its product line. When choosing a bank, it is important to consider that he was a participant in the deposit insurance system. Before joining the system, banks are undergoing a serious check by the Central Bank. Even in the case of a license withdrawal from a bank participating in the deposit insurance system, the depositor is compensated 100% of the deposit in the amount of up to 700 thousand rubles. All banks participating in the deposit insurance system are represented on the website of the Deposit Insurance Agency (DIA). To minimize risks, it is worth placing funds in several banks. As a rule, reliable stable banks do not differ too high bank interest. Ultra-high interest rates of 12-13% per annum should alert investors. Probably, this shows the problems with liquidity at the credit institution. Before deciding on a bank, it is worth considering the average value of interest rates on deposits. This information can be found on the website of the Central Bank of Russia. According to his recommendations, the deposit rates should not deviate from the arithmetic mean by 1.5%. It is also necessary to analyze the financial statements of the bank and the dynamics of its key indicators.Information on banks (ratings, financial statements) can be obtained in open sources - on the website of the Central Bank of Russia or the bank itself.It is worth taking into account the bank's reputation, studyreviews about it from its clients, as well as to look at the presence of feedback from the bank's employees and assess the efficiency of resolving the problems of depositors. When choosing a bank, it is necessary to consider not only the opinions of ordinary customers, but also ratings drawn up by professional agencies. In particular, such rating agencies as "Rus-Rating" and "Expert" are very popular. It is impossible not to take into account the experience of the financial organization in the market. The fact that the company was able to survive the crisis testifies to the stability of the bank. Large banks also have a developed branch network, its presence additionally indicates the stability of the financial institution.
How to choose a profitable deposit
The profitability of the deposit directly depends on the value of the interest rate on it, but one should not forget about the taxation of high interest rates.If the interest rate on the deposit is higher than the refinancing rate of the Central Bank of the Russian Federation by 5%, the income on such deposit is taxed at a rate of 35%.Most advantageous from the perspective of interest ratesopen savings accounts that do not imply withdrawing or depositing cash during the deposit period. Then follow the accumulative deposits that provide depositors with the opportunity to add funds to the account, thereby increasing the yield of the deposit. On the third place there are settlement deposits, the rate on them on the average is 1.5% lower than on accumulative deposits. But the depositor can make operations for depositing and withdrawing funds. Higher returns are guaranteed by deposits with a capitalization of interest. They are suitable for those investors who do not plan to withdraw interest. The more capitalization will be carried out, the higher the profit is guaranteed.
