Total retail deposits at Russian lending institutions rose 1.3% in November 2016 (without regard to currency revaluation of this indicator the metric grew 0.5%) to Rub 23.7 tln, data posted on the CBR website show. All in all, since the beginning of 2016 retail deposits have increased 2% (up 5.2% without regard to currency revaluation).
Retail funds jumped the most, in absolute terms, among all lending institutions that were covered by a financial rating made by Banki.ru, at B&N Bank that managed to add Rub 171.5 bln in November, or up 45.7% (this leap was mainly explained by the completion of MDM Bank's takeover). Sberbank's deposit portfolio rose Rub 119 bln (up 1.1%) in November, while VTB 24 saw its retail credit portfolio expanding by Rub 51.5 bln (an increase of 2.5%). Fourth and fifth places went to Promsvyazbank and VTB Bank of Moscow whose retail deposits grew by Rub 12.5 bln and Rub 11.9 bln, respectively.
The biggest contraction in retail deposits, in absolute terms, was recorded in November at Credit Ural Bank (down Rub 5.3 bln or 23.2%), which is followed by Bank BFA (a decline of Rub 2.7 bln, or minus 13.8%). The third place in terms of retail fund outflows is held by Asia Pacific Bank that lost Rub 2.3 bln of retail funds in November (minus 3.1%). Two other banks that make up the Top 5 are Baltiyskiy Bank and Express-Volga at which the money of households decreased by Rub 2.1 bln and Rub 1.7 bln, respectively.
