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Central bank: Russian depositors will take trillions of rubles from banks

Elvira Nabiullina explained why domestic banks are about to lose a significant part of their deposits.

Central bank: Russian depositors will take trillions of rubles from banks

Domestic banks expect an unprecedented outflow of deposits. The head of the Central Bank, Elvira Nabiullina, is sure of this, saying that in the near future the Russians will take trillions of rubles from banks.

She told about this in an interview with Alexei Bobrovsky on the television channel "Russia 24."

According to Nabiullina, one of the main reasons for this is historically low deposit rates, which, having dropped to a level of 4.3%, no longer even block inflation. Russians, in this situation, simply do not see the point of continuing to keep money in banks, where not only will their funds not increase, but they may even decrease.

Thus, according to the calculations of economists, it is expected that in the near future Russian depositors will take the amount about 3.4 trillion rubles from banks, which in the future will be reinvested by them in other areas.

 

Photo: from open sources

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