30,000+ Personal Investment Accounts Opened in Sverdlovsk Region

7 August 2019 (09:16)

UrBC, Yekaterinburg, August 7, 2019. More than 30,000 personal investment accounts have been opened in Sverdlovsk Region so far, with some 22,000 more accounts opened in Chelyabinsk Region as well, Chelyabinsk division of Russia's Central Bank's Ural branch's press service refers to Moscow Exchange as reporting.

Moscow, Moscow Region, and Voronezh Region are currently the three Russian constituencies with the largest number of active personal investment accounts on the market.

As for Ural Federal District, the number of people with personal investment accounts is at its highest in Sverdlovsk Region, Chelyabinsk Region, and Khanty-Mansiysky Autonomous Region (some 21,000 accounts).

Now personal investment accounts entered the Russian market in 2015. Private investors have been increasingly more active on the stock market in the last few years thanks to the ever-improving digital technologies and the tax relief options available. A personal investment account is an account you can use for transactions involving securities; private customers can invest in stocks, state-owned and privately owned bonds, Eurobonds, exchange-traded funds, and co-op funds.


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