In Russia, the ruble savings market grew by more than 3% in the first quarter.%

In Russia, the total market volume of ruble-denominated liabilities increased by more than 1.8 trillion in the first quarter and reached 55.5 trillion, an increase of 3.5% in three months. Over the same period last year, the increase was 1.7 trillion rubles, according to VTB estimates. Izvestia reviewed the data of the credit institution on April 7.

"The savings market gained a lot of speed last year, and we do not expect a sharp slowdown in 2025. For example, in March, the volume of the ruble market increased by about 990 billion rubles. This is even more than last year's figures — in March 2024, the market grew by 893 billion rubles," said Dmitry Volodin, head of the Savings and Deposits Department.

The credit institution predicts that by the end of the first half of the year, the ruble savings market in Russia will reach 59 trillion rubles, and by the end of the whole year it will exceed 65 trillion. According to analysts, Russians will be able to earn a record 9 trillion rubles in interest income.

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Earlier, on March 21, analysts of the financial marketplace "Banks.<url> reported that at the beginning of 2025, the demand for short-term bank deposits, especially monthly ones, decreased. In February, the share of monthly deposit requests was only 13% of the total number of deposit requests. This is four percentage points less than in December 2024.