25 January 2012
In accordance with preliminary results under Russian Accounting Statements retail customer funds (including card accounts) exceeded Rub 90.7 rubles as of January 1, 2012, up 8.7% in comparison with the previous year. Retail deposits increased by 5.9% for the year and amounted to Rub 71.3 billion as of the end of 2011.
“Bank deposit remains one of the few reliable and popular opportunities for placement of available funds that implies predictable income at fixed interest rates. We closely monitor movements on the deposit market and adjust interest rates to follow it. To meet the needs of our clients who are with the bank for years we increased interest rates on individual deposits several times throughout the year. In 2012 we plan to accelerate growth and increase volume of retail funds by
Ruble and multicurrency deposits won the highest popularity among our clients, many depositors chose seasonal offers.