Financial assets and liabilities of the households sector for certain financial instruments
February 2025
Over the past 12 months, households invested 15.6 trn rubles in certain financial instruments and attracted 4.0 trn rubles of bank loans. In February 2025, new financial investment amounted to 1.34 trn rubles (February 2024: 1.25 trn rubles), while loans contracted by 0.13 trn rubles for the fourth consecutive month (February 2024: 0.3 trn rubles increase).
Certain financial assets and liabilities of the households sector
(monthly transactions, bln rubles)
Fig. 1
Data on a full range of financial instruments is presented in quarterly publication.
Certain financial assets
-
Household deposits in resident banks increased by 1.13 trn rubles in February 2025 after traditional decline in January (February 2024: 1.19 trn rubles). Amid high interest rates, the main growth was provided by other (term) deposits (+0.82 trn rubles), transferable deposits also increased by 0.31 trn rubles.
Annual growth of deposits practically unchanged – 13.2 trn rubles. -
Cash in national currency in February continued to decline at a slower pace (−163 bln rubles).
Annual growth of currency decreased to −418 bln rubles in February against −314 bln rubles a month earlier. - Funds in escrow accounts increased by 167 bln rubles after two months of reduction, the annual growth rose from 506 bln rubles in January to 684 bln rubles in February.
|
Balance as of 01.03.2025 bln rubles |
Transactions, bln rubles | ||||||
|---|---|---|---|---|---|---|---|
| Annual | Monthly | From the beginning of the year | |||||
| 01.02.2025 | 01.03.2025 | 01.02.2025 | 01.03.2025 | 01.02.2025 | 01.03.2025 | ||
| Currency | 23 820 | −314 | −418 | −483 | −149 | −483 | −632 |
|
National currency |
15 763 | 55 | −63 | −442 | −163 | −442 | −605 |
|
Foreign currency |
8 057 | −369 | −355 | −41 | 14 | −41 | −26 |
| Deposits | 68 214 | 13 227 | 13 151 | −486 | 1 171 | −486 | 685 |
|
Transferable deposits with banks |
16 790 | 1 400 | 1 057 | −1 053 | 312 | −1 053 | −741 |
|
Other deposits with banks |
44 390 | 11 318 | 11 606 | 564 | 819 | 564 | 1 383 |
|
Deposits with non-resident banks* |
7 034 | 510 | 488 | 3 | 39 | 3 | 43 |
| Broker accounts of households | 437 | −134 | −70 | −49 | 72 | −49 | 23 |
| Debt securities | 4 485 | 460 | 608 | 85 | 147 | 85 | 232 |
| Listed shares and investment fund units and shares | 17 349 | 1 299 | 1 216 | 119 | −55 | 119 | 64 |
| Insurance, pension and standardized guarantee schemes and pension savings | 7 578 | 452 | 414 | −227 | −11 | −227 | −238 |
| Escrow accounts of households | 6 185 | 506 | 684 | −111 | 167 | −111 | 56 |
* Estimated value.
Certain financial assets
(rolling 12-month period, transactions, bln rubles)
Fig. 2
Certain financial liabilities
- Growth of mortgage loans over the past 12 months has decreased from its January value and amounted to 2.2 trn rubles. In February 2025, there was an absolute reduction of household debt for all types of loans, except for mortgages (+48 bln rubles). Lending dynamics were conditioned on both seasonal patterns and declining demand for mortgage products amid high market rates.
- Growth of consumer loans over the past 12 months amounted to 1.1 trn rubles, reduction in February was more significant (−106 bln rubles) than in the previous month (−21 bln rubles).
|
Balance as of 01.03.2025 bln rubles |
Transactions, bln rubles | ||||||
|---|---|---|---|---|---|---|---|
| Annual | Monthly | From the beginning of the year | |||||
| 01.02.2025 | 01.03.2025 | 01.02.2025 | 01.03.2025 | 01.02.2025 | 01.03.2025 | ||
| Bank loans | 38 620 | 4 629 | 4 203 | −105 | −108 | −105 | −213 |
|
Mortgage loans* |
20 043 | 2 264 | 2 190 | −39 | 48 | −39 | 9 |
|
Consumer loans* |
14 240 | 1 301 | 1 061 | −21 | −106 | −21 | −127 |
|
Car loans |
2 573 | 841 | 753 | −9 | −21 | −9 | −29 |
|
Other loans |
1 148 | 92 | 78 | −52 | −11 | −52 | −63 |
|
Accrued interest claims |
616 | 131 | 122 | 15 | −17 | 15 | −2 |
| Mortgage loans sold to mortgage agents and accounted for repayment | 1 752 | −272 | −273 | −17 | −22 | −17 | −39 |
| Consumer loans sold to specialised financial entities | 986 | ||||||
| Loans received from microfinance companies (MFC) | 278 | 35 | 37 | 5 | 5 | 5 | 10 |
* Transactions are calculated taking into account the sale of the consumer loans and mortgages portfolio by banks.
Certain financial liabilities
(rolling 12-month period, transactions, bln rubles)
Fig. 3
* Including mortgage loans sold to mortgage agents and accounted for repayment and loans received from microfinance companies (MFC).