The share of Russians' savings in cash has reached a historic low

December 4th. /MEDIA TALK/. Today, within the framework of the XV VTB Investment Forum "Russia is calling!", the Chairman of the Board of the bank, Georgy Gorshkov, provided data on the savings of the population. According to him, the share of cash held by citizens is at a historic low over the past six years and amounts to about 15% of all funds saved - about 15.9 trillion rubles.


Photo: ru.freepik.com

VTB predicts that by the end of the year the percentage will be even lower, and another 350 billion rubles will be added to the bank savings of Russians. The main reason is the high level of deposit rates, the average maximum interest rate in the 10 largest banks according to the Central Bank in the second decade of November was 21.56% (approx. "Media Talk").

Recall that by the end of October 2024, banks attracted a record amount of citizens' funds for deposits, about 1.5 trillion rubles.