Financial assets and liabilities of the households sector for certain financial instruments
April 2025
Over the past 12 months, households invested 15.8 trn rubles in financial assets (for certain instruments) and increased financial liabilities in form of bank and microfinance companies (MFC) loans by 2.6 trn rubles. In April 2025 financial investments amounted to 1 905 bln rubles, while loans decreased by 27 bln rubles. Data on a full range of financial instruments is presented in quarterly publication.
Financial assets and liabilities of the households sector
(monthly transactions, bln rubles)
Fig. 1
Financial assets in April 2025
-
Amid high interest rates, the main growth was again provided by other (term) deposits (+787 bln rubles).
Annual growth of deposits in resident banks amounted to 13.1 trn rubles, which is higher than a month earlier (+12.7 trn rubles). -
Cash in national currency increased after several month of decline (135 bln rubles).
Annual growth of currency amounted to −479 bln rubles against −518 bln rubles a month earlier. - Funds in escrow accounts grew by 65 bln rubles. Annual growth decreased compared to the previous month (+623 bln rubles in April, +682 bln rubles in March).
|
Balance as of 01.05.2025 bln rubles |
Transactions, bln rubles | ||||||
|---|---|---|---|---|---|---|---|
| Annual | Monthly | From the beginning of the year | |||||
| 01.04.2025 | 01.05.2025 | 01.04.2025 | 01.05.2025 | 01.04.2025 | 01.05.2025 | ||
| Currency | 23 311 | −518 | −479 | −214 | 108 | −781 | −673 |
|
National currency |
15 704 | −142 | −127 | −226 | 135 | −766 | −631 |
|
Foreign currency |
7 607 | −376 | −352 | 13 | −27 | −15 | −43 |
| Deposits | 69 706 | 12 688 | 13 123 | 598 | 1 549 | 1 278 | 2 827 |
|
Transferable deposits with banks |
17 569 | 863 | 1 492 | 10 | 768 | −731 | 38 |
|
Other deposits with banks |
45 677 | 11 487 | 11 383 | 644 | 787 | 2 027 | 2 814 |
|
Deposits with non-resident banks* |
6 461 | 338 | 248 | −56 | −7 | −18 | −25 |
| Broker accounts of households | 381 | −92 | −67 | −26 | −22 | −4 | −25 |
| Debt securities | 4 627 | 721 | 739 | 153 | 88 | 398 | 486 |
| Listed shares and investment fund units and shares | 16 883 | 1 184 | 1 079 | 64 | 13 | 127 | 140 |
| Insurance, pension and standardized guarantee schemes and pension savings | 8 288 | 738 | 804 | 292 | 103 | 52 | 156 |
| Escrow accounts of households | 6 339 | 682 | 623 | 89 | 65 | 145 | 211 |
* Estimated value.
Financial assets
(rolling 12-month period, transactions, bln rubles)
Fig. 2
Bank and MFC loans in April 2025
- Growth of mortgage loans over the past 12 months decreased in comparison with March and amounted to 1.9 trn rubles. In April 2025, there was a reduction of consumer loans (−83 bln rubles), mortgages grew by 110 bln rubles, other types of loans remained practically unchanged. Lending dynamics were conditioned on declining demand for credit products amid high market rates.
- Growth of consumer loans over the past 12 months declined to 0.4 trn rubles, becoming less then annual car loans growth (0.6 trn rubles) for the first time since the beginning of observations in 2018.
|
Balance as of 01.05.2025 bln rubles |
Transactions, bln rubles | ||||||
|---|---|---|---|---|---|---|---|
| Annual | Monthly | From the beginning of the year | |||||
| 01.04.2025 | 01.05.2025 | 01.04.2025 | 01.05.2025 | 01.04.2025 | 01.05.2025 | ||
| Bank loans | 38 711 | 3 631 | 3 073 | 61 | 44 | −152 | −108 |
|
Mortgage loans* |
20 216 | 2 026 | 1 872 | 65 | 110 | 73 | 183 |
|
Consumer loans* |
14 109 | 776 | 446 | −30 | −83 | −162 | −245 |
|
Car loans |
2 581 | 660 | 594 | −2 | 10 | −31 | −21 |
|
Other loans |
1 142 | 40 | 35 | −16 | 6 | −73 | −67 |
|
Accrued interest claims |
663 | 129 | 125 | 43 | 1 | 41 | 42 |
| Mortgage loans sold to mortgage agents and accounted for repayment | 1 705 | −275 | −274 | −24 | −24 | −63 | −88 |
| Consumer loans sold to specialised financial entities | 794 | −169 | −217 | −31 | −49 | −108 | −157 |
| Loans received from MFC | 287 | 43 | 42 | 7 | 2 | 16 | 19 |
* Transactions are calculated taking into account the sale of the consumer loans and mortgages portfolio by banks.
Bank and MFC loans
(rolling 12-month period, transactions, bln rubles)
Fig. 3
* Including mortgage loans sold to mortgage agents and accounted for repayment.