The banking sector of Sverdlovsk Region experienced an increase of 33.2% in investments in 2005

26 December 2005 (11:18)

The banking sector of Sverdlovsk Region experienced an increase of 33.2% in investments in 2005. Over a half of all the investments was accumulated by the region’s independent banks. Private savings made up nearly a half (52.8%) of all the money, whereas about one-quarter (24.8%) came from legal entities and various proprietors, with issued securities, bank-to-bank loans and deposits, and budgetary and non-budgetary funds making up 9.9%, 5.7%, and 3.6%, respectively, of the total sum.

Private savings appear to keep their position as the most significant source of investments: the increase in this type of deposits went up to 25.5% within the regional boundaries. Over the months of January to October, the independent regional banks have accumulated the best part (55.5%) of all private investments, most of which (85.6%) was reported to have been deposited in national currency, as figures had it on October 1, 2005.


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