Deposits in January-August 2018

Michael Khromov – Head of Department for Financial Studies of the Gaidar Institute; Senior Research fellow of the Center of Structural Research, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In the first eight months of 2018 retail bank deposits turned out to be the primary source of expanding the resource base of the Russian banking sector. Retail deposits, however, posted almost the slowest dynamics over a long-term period of monitoring. This is what restricts opportunities of the banking sector to steadily increase lending to the economy.

Key words: Russia’s banking sector, bank assets, banking passives, retail deposits, corporate deposits, non-bank organizations.