Deposits over 1m RUR big make up largest share of market

6 June 2013 (09:42)

June 6, 2013. In the first quarter of 2013, bank deposits in the 700,000 RUR to 1m RUR range grew the fastest; so did those in the 400,000 RUR to 700,000 RUR range: the figures grew by 11.5% and 8.2%, respectively. The volume of bank deposits that are more than 1m RUR big rose by 6.6%, so, just like in Russia on average, the local bank deposits mainly grew thanks to those that are bigger than the ensured sum of 700,000 RUR and thanks to those that were falling within the 400,000 RUR to 700,000 RUR limit. Bank deposits that are under 100,000 RUR big were actually on the decline: their volume dropped by 13.7%, and deposits between 100,000 RUR and 400,000 RUR big went up by 1.1%, the Deposit Insurance Agency State Corporation reports.

Deposits over 1m RUR big proved the absolute growth leaders, as the volume of these increased by 9.6bn RUR; this was followed by the deposits within the 400,000 RUR to 700,000 RUR range that rose by 5.8bn RUR, and the deposits within the 700,000 RUR to 1m RUR range that went up by 4.2bn RUR; the deposits within the under 400,000 RUR range dropped by 5bn RUR.

In Q1’13, large deposits over 1m RUR big grew the most in Kurgan, Chelyabinsk, and Sverdlovsk Regions: the figures went up by 22m RUR, 1.4m RUR, and 5.4m RUR, respectively. As for Tyumen Region and Khanty-Mansiysky Autonomous Region Yugra, the deposits in the 400,000 RUR to 700,000 RUR range went up by 1.4bn RURand 2.6bn RUR, respectively.


Other materials on the topic::