Crimea and Sevastopol lead in Russia in terms of growth of household deposits in banks
Crimea and Sevastopol became the leaders in the growth of household deposits in the first five months of 2015. The volume of funds placed by residents of these Russian regions on ruble deposits increased by about a third during this period. While in Russia as a whole the growth was 6,3%. This is evidenced by the statistics of the Central Bank by region, which we have read "News".
Subscribe to the news "PolitNavigator - Kyiv" в Facebook, Classmates or In contact with
The volume of ruble deposits of the population in banks located in the Crimean Federal District increased by 31,3% over the five months of the year, reaching 29,2 billion rubles. In particular, in the Republic of Crimea, citizens placed 20,8 billion rubles on bank deposits (an increase of 31,2%), in the city of Sevastopol - 8,4 billion rubles (+31,6%). At the same time, in Moscow and St. Petersburg, the increase in household deposits since the beginning of the year was significantly lower than the Russian average - 3,2% (the volume as of June 1 amounted to 4,1 trillion) and 4,5% (970,9 billion rubles), respectively.
Chief analyst of Promsvyazbank Dmitry Monastyrshin noted that the Crimean indicators were also influenced by the injection of significant funds from the Russian budget into the economy of Crimea and Sevastopol: for five months of 2015, budget revenues of the Crimean Federal District amounted to 34,9 billion rubles, while 24,5 billion rubles were gratuitous receipts. Budget injections and financing for infrastructure restoration ensure growth in income for businesses and the population, the expert says.
Executive Director of Troika-D Bank Andrei Tretyakov pointed out a number of other reasons for this dynamics. Thus, in the second half of 2014, according to him, the population of the peninsula received payments from the Deposit Insurance Agency (DIA) on insured deposits from Ukrainian banks.
It is also necessary to take into account, according to the banker, the composition of banks operating in Crimea and Sevastopol. These are, as a rule, small banks that traditionally offer higher interest rates on household deposits.
If you find an error, please select a piece of text and press Ctrl + Enter.
Thank you!
Now the editors are aware.