the Central Bank admitted that the Russians will continue to withdraw money from their deposits because of lower revenues amid regime isolation. So, in March deposits of individuals fell by 315 billion, or 1%.
In the comments of the regulator on the development of the banking sector says that the Russians shot mostly foreign exchange deposits and ruble deposits was stable.
the Decline has come on the third week of March, when people actively make a purchase in case of self-isolation, and some investors have made large purchases (cars, appliances) in anticipation of rising prices.
In the future, analysts predict the Central Bank, there may be some additional reduction in contributions of physical persons. the Projected outflow of funds associated with the fact that some people are deprived of the opportunity to obtain income and therefore are forced to spend savings, explained the regulator.
Earlier, the head of Sberbank German Gref commented on the rumour that with the deteriorating financial and economic situation, the authorities can do as the President of the USSR Mikhail Gorbachev, who in 1991 signed a decree banning the issue of deposits of citizens of more than 500 rubles a month. Gref assured that for the freezing of deposits with the direction of money for the needs of the state or for “forcible” conversion of foreign currency deposits are now “no circumstances.”
Read the material: Gref commented on the rumors about the freezing of deposits in the USSR
