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Russians pour savings into banks

22:36

Russians pour savings into banks
Source: Adobe Stock

Russian households are depositing record sums in banks, drawn by high interest rates and a desire for security in a wartime economy. Bank of Russia data show individual deposits rose 8% in the first seven months of 2025 to 43.6 trillion rubles ($542 billion), with total deposits and account balances at 61.1 trillion rubles—almost double the value of…

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