OREANDA-NEWS In December last year, the level of citizens' funds on deposits with VTB turned out to be one and a half times higher than in the same month in 2023 - its portfolio of classic retail savings increased by 895 billion rubles. Such data is provided in a message from this large Russian bank, received by <url>.

A significant increase in the indicator, which reached the level of an absolute record, was also noted month-on-month. By November, the inflow of funds from Russians increased by 9.2 percent, according to the materials.

It is noted that the bank's ruble savings portfolio grew by almost 60 percent in 2024, to 9.9 trillion. In 2025, the credit institution plans to increase it by another third, to 13.3 trillion. "Last year we set a record for attracting funds from retail customers," said Georgy Gorshkov, VTB's Deputy President and Chairman of the Management Board.

The average maximum interest rate on ruble deposits in ten Russian banks attracting the largest volume of deposits decreased in the last decade of December amid the decision of the Central Bank of the Russian Federation, which unexpectedly kept the key rate at 21 percent per annum. According to the regulator, the indicator fell by almost 0.6 percent after a long increase cycle, reaching 21.69 percent, that is, returning approximately to the levels of mid-November.