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8.1.3 Deposits
Customer deposits in August increased 1.7% m/m and 12.4% y/y driven by corporate deposits, which reached RUB30.6 trillion.
Retail deposits were up 7.4% y/y to RUB32.1 trillion.
CBR funds were up 3.9% y/y to RUB2,671bn. Corporate deposits were RUB31,455bn while retail deposits were RUB32,215bn.
Russian banks are funding their operations by a fairly even balance of sources: retail 33%, corporate 31.5%, CBR 2.7%, and other 32.8% as of the start of August this year.
96 RUSSIA Country Report October 2020 www.intellinews.com