As of October 1, 2024, funds in bank accounts in Adygea amounted to 68 billion rubles. This is 34% more than on the same date last year.
More than 70% of the total volume in customer accounts (excluding escrow accounts) is citizens’ savings. Over the year, they increased by more than a third and reached 48 billion rubles. Interest in bank time deposits is growing due to rising deposit rates. Residents of the region still prefer to keep money in rubles; the share of such deposits is almost 98%.
Savings in business accounts also increased – over the year, deposits of legal entities increased by 41.4% and amounted to 3 billion rubles at the beginning of October 2024. Funds in the current accounts of individual entrepreneurs increased by 39% – to 4.4 billion rubles.
“At the same time, the demand for loans is weakening. In the third quarter of this year, the retail portfolio grew from month to month twice as slow as in May-June, when non-addressed preferential mortgages were still in effect. Retail lending responds to an increase in the key rate, as well as to changes in preferential government programs,” explained Sergei Samoilenko, manager of the Bank of Russia Branch for Adygea.
At the beginning of October, the total loan portfolio of residents of the republic amounted to 103 billion rubles, which is a quarter higher than the value as of October 1, 2023. The largest share, about 56%, is occupied by consumer loans, which increased by almost 20%, to 57.3 billion rubles. The total amount of obligations on mortgage loans increased over the year by 32.2%, to 45.7 billion rubles.
