He added that by the end of 2024, Russian banks will additionally raise deposit rates due to the struggle for customers and the likely tightening of the Central Bank's monetary policy. Dmitry Breitenbicher, Senior Vice President of VTB, added that in January-September this year, the bank will increase the volume of classic savings of individuals to 9.3 trillion rubles (by 35%).
Photo: ru.freepik.com
It is expected that the average check per deposit in the country will grow to 531 thousand rubles — a record figure for the last three years.
Recall that last week VTB predicted a 35% decrease in mortgage issuance in Russia. The bank also expects a reduction in the volume of housing purchases by citizens as an investment.
