“While the growth of interest rates on loans will be restrained by competition among banks for good borrowers, a similar competition will unfold for depositors, which will spur the growth of deposit rates and, quite possibly, by the second half of the year, will return real rates on deposits to the positive zone”, - she said in an interview with Rossiyskaya Gazeta.

In her opinion, in the coming months, the growth of deposit rates will continue, and the main increase will fall on long-term deposits, which are needed by banks to attract as much funds as possible for a fixed long term and normalize the balance sheet in terms of the maturity of assets and liabilities.

“With regard to savings accounts, banks have much more flexibility in terms of keeping rates low, since customers using savings accounts are usually tied to banks not only and not so much at the rate, but through other products and services - these are most often salary customers of the corresponding bank ", - added Ulyanova.

Earlier, Vladimir Bragin, director for analysis of financial markets and macroeconomics of Alfa-Capital, in an interview with the Izvestia newspaper, assessed the increase in the key rate of the Central Bank.