24 December 2009, Thursday, 16:51

People trust ruble more than dollar or euro

author: Elvira Latypova

The volumes of deposits in 2009 go on growing.

“Many banks laid emphasis on attraction of new deposits” – the chairman of the National Bank RB Rustem Mardanov said – “Because there are no other substantial and free resources in Russian economics now”.

According to preliminary data of the National Bank RB for 11 months 2009 the bank deposits of population grew up by 11,5 billion rubles to 93,5 billion. By the end of the year this sum expected to reach 95 billion.

Currency preferences of our citizens changed too. Before July 1 the deposits in dollars and euro were highly popular but later the share of such deposits started to go down. On December 12, 2009, the volume of deposits in foreign currency in Bashkortostan was equal to 12 billion rubles – about 13% of the whole sum of local deposits. Therefore Republican population prefers to keep their savings in rubles.

themes: finances, banks