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8.1.3 Deposits
Deposits are also growing again in 2018. Both retail and corporate accounts posted solid growth: 9.5% y/y and 12.7% y/y, respectively at the end of 2018.
Russian banking sector deposits are also growing in aggregate in January, but not at the same pace as borrowing. Retail deposits were down 2.5% m/m in in January in nominal terms and down 1.4% m/m in FX-adjusted
59 RUSSIA Country Report April 2019 www.intellinews.com