Interest Rates on Ruble-denominated Loans to Non-financial Organizations and Deposits of Individuals* in 2007

	Jan.	Feb.	Mar.	Apr.	May	June	July	Aug.	Sep.	Oct.	Nov.	Dec.
On Loans to Non-financial Organizations	10.1	9.9	10.2	9.9	9.6	9.5	9.2	10.1	10.7	10.8	11.1	11.0
On Deposits of Individuals	5.0	4.7	5.0	4.9	5.1	5.2	5.0	5.0	5.1	5.3	5.1	5.0
On Deposits of Individuals excluding Demand Deposits	8.4	8.2	8.3	8.2	8.2	8.2	7.9	7.8	7.8	8.0	8.0	8.0

* On Russian Credit Organizations’ operations for all terms up to 1 year, excluding Sberbank.

In compliance with Bank of Russia Ordinance No. 1660-U, dated February 17, 2006, since April 2006 statements on interest rates are made by head offices and branches of Credit Organizations.

Updated February 1, 2008.