Dear user, You are using an outdated browser that does not support modern web standards and poses a threat to your safety. For correct display of the site is recommended to install the latest version of any modern browser:

Прочитать в мобильной версии сайта

USD 72.56

EUR 85.46

19 September, Sunday

Ufa   °

Inflow of bank deposits in 2012 will be lower


The inflow of personal deposits in Russia in 2012 won’t be as stormy as in 2011. Thus, at the end of 2011 the annual growth index reached 20%. In 2012 this figure has to be equal to 16-18%. This is the forecast of the general director of the Deposit Insurance Agency Alexander Turbanov, published on the Agency’s site.

“The lowering of the rates is a quite objective process because of so-called base effect and if comparing our country with other states we can see that our market of personal bank deposits is still going on rapidly growing” – Alexander Turbanov mentioned.

It should be mentioned that Russian banks have managed to reach the 20%-index of growth mainly due to the regular rise of deposit interest rates. These rates were steadily going up since August 2011 first of all because of the shortage of liquidity. Certain drop of the interest rates was registered after the second decade of January – 9,47% of interest per annum against 9,51% at the very beginning of the year.

Alfia Sharafutdinova author: Alfia Sharafutdinova
Tags: banks, deposits
Яндекс цитирования