MOSCOW, Apr 26 – PRIME. The Bank of Russia has determined the base rate of return on deposits in rubles on demand in May at 4.927% per annum after 4.411% in April, it follows from the regulator’s materials. The Central Bank announced the completion of the reduction in interest rates on loans and deposits. days will be 4.207%, from 91 to 180 days – 4.144%, from 181 days to a year – 4.829%, for deposits with a maturity of more than a year – 5.52%, the Central Bank said. On deposits of citizens in dollars, the basic level of profitability is determined as follows: on demand deposits – 0.224%, for a period of up to 90 days – 0.454%, from 91 to 180 days – 0.516%, from 181 days to a year – 0.914%, for a period over year – 1.125%. In turn, the base rate on demand deposits in euros will be 0.008%, for a period of up to 90 days – 0.01%, from 91 to 180 days – 0.108%, from 181 days to a year – 0.01 %, for more than a year – 0.158% The Bank of Russia is concerned about the growth rate of consumer loans From July 1, 2015 the banks of the Russian Federation are obliged to pay differentiated contributions to the Mandatory Deposit Insurance Fund, depending on the interest rate on citizens’ deposits, and from January 1, 2016 – in depending on financial stability. Banks that overcharge are required to pay premiums at an additional rate of 20% of the base rate, or at an increased additional rate of 150% of the base rate. In turn, the Central Bank monthly determines the basic level of return on deposits in foreign currency and rubles as the average of the maximum rates on deposits in banks that have attracted in aggregate two-thirds of the total volume of deposits. If this level is exceeded by no more than two percentage points, the bank will pay only the base rate.