Template-Type: ReDIF-Article 1.0
Author-Name:Khromov Mikhail
Author-Name-First: Mikhail 
Author-Name-Last:Khromov 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Title: Growth of the retail bank deposits has slowed down, however cash savings trend remains 
Abstract: During the first three quarters of 2016, growth rate of the retail bank deposits and accounts has slowed down twofold in comparison with the same period of 2015. However, it is still premature to talk about the dismantling of the savings model. Cash dynamics demonstrate increment of the households’ propensity for cash savings. Slow growth of the population’s loan debt retains positive net increment of retail assets. 
Classification-JEL: E21, E41, E51, E58, G21
Keywords:  Banking sector, Russian  Economy
Year: 2016
Issue:12
Month: December
Pages: 33-35
File-URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-12-805.pdf
File-Format: application/pdf
File-Function: Revised version, 2016
Handle: RePEc:gai:recdev:recdev-2016-12-805