OREANDA-NEWS  According to VTB's forecast, Russian depositors will earn about 4 trillion rubles in interest income on savings products in the first half of 2025, 1.5 times more than in the same period last year, the bank said in a statement.

"In the first half of 2025, depositors will earn about 4 trillion rubles in interest income on savings products, which is 1.5 times more than in the same period last year. According to VTB forecasts, for the whole of 2025, the interest income of the population on deposits and savings accounts will amount to about 9 trillion rubles," said Dmitry Breitenbicher, a member of the VTB Board, as part of SPIEF 2025.

According to him, the interest received on deposits, according to VTB calculations, today covers up to 10% of the projected annual expenses of Russians.

If earlier deposits were an investment for a rainy day, now it is more of an investment in the future, Breitenbicher noted. "Now customers are trying to make the most of every available ruble. It's not for nothing that they say that wealth is in management. We see that every fourth VTB depositor uses two products at the same time – both a deposit and a savings account," he said.

VTB records a steady increase in the savings activity of its clients. "In the first quarter, the number of bank savers increased by more than 670,000, in the second quarter – by another 245,000. In the first half of the year, the increase was 10%, to almost 10.1 million people," the release says.

The St. Petersburg International Economic Forum (SPIEF) is taking place from 18 to 21 June. RIA Novosti is the information partner of the forum.