VTB's retail ruble deposit portfolio increased by RUB 360 billion over the month.
After the increase in the key rate of the Central Bank in November, banks began to record an increase in customer funds. Thus, according to Georgy Gorshkov, Deputy Chairman of the Management Board of VTB Bank, individuals began to open term deposits more often. As a result, the bank's retail portfolio of ruble deposits increased by 360 billion rubles in just one month.
"Compared to October, the increase amounted to 74%," RBC quoted Gorshkov as saying.
According to the Deputy Chairman of the Bank, the situation is comparable to the spring of 2022. Then there was also a record inflow of funds on deposits.
Other Russian banks also reported growth in the retail portfolio of ruble deposits. They include Gazprombank, MTS Bank and Otkritie.
Earlier, the financier explained that in the case of closing a deposit early, you can lose part of the income.