Financial analysts note the growth of the ruble savings market in the first quarter of 2025 / Economics of the Krasnoyarsk and the Krasnoyarsk Territory / Newslab.ru

According to VTB, the total market volume of ruble liabilities in the first quarter increased by more than 1.8 trillion and reached 55.5 trillion.

Growth in three months – 3.5 %. Over the same period last year, the increase amounted to 1.7 trillion rubles.

“The savings market last year gained high speed, and we do not expect sharp braking in 2025. So, for example, in March, the volume of the ruble market increased by about 990 billion rubles. This is even more than last year – in March 2024, the market growth amounted to 893 billion rubles. Despite the fact that the deposit is traditionally considered a classic risk -free tool for savings, now it provides high profitability comparable to the level of the key rate. This is exactly the case when the money earns themselves, ”commented Dmitry Volodin, head of the Department of Savings and Enrollment of VTB.

The growth rate of the portfolio of retail ruble liabilities VTB in the first quarter showed 3 %. The volume of VTB raised funds in rubles in three months increased by 297 billion and stepped over 10.2 trillion.

RNKB Bank (part of the VTB group) also notes the preservation of active demand for savings products among residents of the Republic of Crimea and Sevastopol. Since the beginning of the year, the total amount of urgent deposits in the RNKB has grown by 51 %, in the 1st quarter the portfolio of raised funds increased by 46.2 billion rubles.

VTB predicts that according to the results of the first half of the year, the ruble market for savings in Russia will reach 59 trillion rubles, and according to the results of the whole year will exceed 65 trillion. According to bank analysts, Russians will be able to earn a record 9 trillion rubles of interest income.