If the country’s economy is falling, then interest on deposits is growing.

If the country’s economy is falling, then interest on deposits is growing.

The economy is all falling, and interest on deposits is growing, and in a positive geometric progression. This is directly due to the fact that the banks were pretty “blocked by oxygen” in matters of interbank lending, and also it is almost impossible to borrow capital abroad, you must agree, the situation is quite intensified. If these factors continue to effect in practice, then in the rhythm of crazy competition between banks and in order to attract as much clientele as possible, banks by the end of this year can raise their interest rates regarding your deposits by another percentage. Why not earn it? According to independent experts, this position is pretty profitable for consumer demand, since the proposal is very tempting. Despite such a “interesting” situation in the country, you should not rush headlong with accumulated savings in the nearest bank. Study all possible offers, do not forget about the competition factor, all banks are trying to “replay” each other. Someone from the variety of all possible banks can offer you the most favorable positions at the interest rate, and there you should bear your savings and receive decent interest from them. At the same time, do not go to long -term relations with the bank, no one knows what the situation that has established at the moment can lead to and how it will end in the end. Remember that the contribution must be made for a period of no more than six months. However, banks themselves are not particularly willing to go to the long -term unions with clients regarding deposits. Based on this, banks provide the largest percentage with the short -term your tandem. A high percentage of deposits is of course a tempting offer, but it is still necessary to think sensibly and make the right decision calculated to the smallest detail. Listen to your inner voice that he will tell you, and even better, follow fresh news and at the same time check your intuition. Track on the Internet portals statistics regarding interest and you will find the right solution.