The total amount of retail deposits at Russian lending institutions grew 0.3% to Rub 24.1 tln in February 2017 (excluding currency revaluation, the indicator rose 1.1%). Retail deposits have decreased 0.5% YTD (retail deposits increased 0.6% excluding currency revaluation), data posted on the website of the Bank of Russia showed.
The biggest increase in retail funds in absolute terms among all lending institutions which are covered by the Banki.ru financial rating, was recorded by Sberbank that managed to add Rub 47.5 bln to the portfolio of deposit accounts (including cash on demand), or 0.4%. Rosselkhozbank's deposit portfolio rose Rub 12 bln (2%) in February, while Promsvyazbank saw its deposit portfolio rising by Rub 7.2 bln, or 1.9%. The fourth and fifth positions are held by Sovcombank and under-rehabilitation Mosoblbank (up Rub 6.6 bln and Rub 6.2 bln, respectively).
B&N Bank suffered the sharpest contraction in retail deposits in absolute terms in February (down Rub 8.1 bln, or 1.5%), followed by VTB 24 (down Rub 7.4 bln, or 0.4%) and Ak Bars Bank (a slide of Rub 5 bln, or 4.5%). The fifth position is shared by Gazprombank and Rossiyskiy Capital whose retail deposits slid by Rub 4 bln and Rub 3 bln, respectively.
