Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

We have got over the aftermath of banking crisis
28.09.2004 00:00

Retail deposits in the banks of Russia have shown a growth of RUR 40 bln over September, 2004. This has been reported today at the conference Russia: investments into economy of growth by the deputy chairman of the Central Bank Alexey Ulyukaev. He mentioned that the earlier fall of private deposits that had been observed this summer gave place to a different tendency: the growth of deposits since the early September.
      
       According to Mr. Ulyukaev, the Central Bank hopes that negative aftermath of the collapse of confidence in banking system is over.
      
       As he states, during the 8 months of 2004 the assets of Russian banking system have amounted to RUR 6,2 trillion, that is 42 per cent of the countrys GDP.
      
       The liabilities of credit organizations have also grown. 28 per cent of the overall bank resources are household deposits. As of September they exceed RUR 1 trillion.
      
       The strongest growth has been observed in the sphere of real financing, and consumer financing in particular, the latter showing a 55 per cent growth up to RUR 500 bln. The benefit of bank system for the 8 months of 2004 has increased 9 per cent; out of all credit organizations only 92 turn to be unprofitable.
      Besides Mr. Ulyukaev reports that in September a zero inflation is expected.
      


Tags:      

Next Previous


You might also find interesting:

The Number of Sentences Imposed by Russian Courts with Regards to Economic Crimes has Increased by 20%
16.05.2019
The Russian NtechLab Company will Take Part in Face Recognition Project for 2022 World Cup
30.09.2019
Russia Plans to Launch the Approach of the Regulatory Guillotine
24.02.2019
The Index of Business Activity of Russian SMEs Dropped Down
24.02.2019
Quota Limits for Foreign Workers in Russia
31.10.2019







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Russian music  Russian Cinema  Ministry of Economic Development  Russian Museums   Russian Music Instruments  Moscow rivers  Olympics 2012  Archeological Finds  microbiology  Reindeer  traffic in Moscow  Winzavod  Russian tourism  Scorpions  Sheremetyevo  Internet Festival of Young Readers  All Events  Mariinsky theatre  FC Zenith  Valley Of Tales  Radio  Unusual Monuments  Stadiums in Russia  Mercedes-Benz Fashion Week Russia  Russian business  Russian laws  Fires  Moscow  Festivals in Moscow  Russian airports  Concerts in St. Petersburg  Yuri Roerich  Photo Exhibitions  Vasily Kamensky  travel to Russia  European Bank for Reconstruction and Development  Yaroslavl   Safe City   Samara  James Bond  Sarai-Batu  St. Petersburg  Russian designers  animation  Permafrost  Peterhof  Exhibitions in Moscow  Experimentanium Museum  Russian regions  Free Wi-Fi zone  


Travel Blogs
Top Traveling Sites