Financial assets and liabilities of the households sector by the type of financial instruments
Financial assets
Household savings in cash decreased in February 2024
Household savings in cash in national currency decreased by 45.0 bln rubles in February 2024 (in contrast to the same monthly indicator of previous years). Household investments in foreign currency amounted to 21.1 bln rubles in ruble equivalent.
Household ruble deposits continued to grow in February
Total household deposits with resident banks increased by 1.19 trn rubles. The inflow was provided by transferable deposits (+655 bln rubles) and other (term) ruble deposits (+576 bln rubles). Foreign currency deposits with resident banks continued to decline (−45.3 bln rubles in ruble equivalent).
According to preliminary estimates, household deposits with non-resident banks increased by 156 bln rubles in ruble equivalent.
Household investments in securities declined compared to January
In February 2024, households generally decreased investments in securities (+26.3 bln rubles against +74.6 bln rubles in January). Household funds in debt securities reduced by 2.5 bln rubles due to a decrease investments in non-residents debt securities (−10.4 bln rubles). Household investments in listed shares and investment fund units and shares (+28.8 bln rubles) were provided by non-residents listed shares (+33.4 bln rubles). Funds on household broker accounts rose by 7.7 bln rubles (mainly due to funds in rubles).
Household funds in escrow accounts decreased by 11.1 bln rubles
Financial assets of the households sector (bln rubles)
|
01.03.2024 |
Transactions per month, |
|||
|
December 2023 |
January 2024 |
February 2024 |
||
|
Assets |
||||
|
Currency |
24 687,6 |
247,0 |
−395,8 |
−23,9 |
|
National currency |
15 818,9 |
247,0 |
−354,1 |
−45,0 |
|
Foreign currency |
8 868,7 |
0,0 |
−41,7 |
21,1 |
|
Deposits |
55 721,1 |
3 201,5 |
−245,5 |
1 342,0 |
|
Transferable deposits with banks |
15 733,5 |
1 567,8 |
−975,2 |
654,9 |
|
Other deposits with banks |
32 847,9 |
1 548,0 |
621,9 |
530,9 |
|
Deposits with non-resident banks* |
7 139,7 |
85,6 |
107,8 |
156,3 |
|
Broker accounts of households |
510,5 |
17,4 |
−54,1 |
7,7 |
|
Debt securities |
3 872,2 |
65,9 |
11,6 |
−2,5 |
|
Listed shares and investment fund units and shares** |
14 006,0 |
1 269,4 |
63,0 |
28,8 |
|
Insurance, pension and standardized guarantee schemes and pension savings |
7 196,4 |
52,6 |
63,7 |
45,1 |
|
Escrow accounts of households |
5 500,3 |
−136,8 |
−62,4 |
−11,1 |
Financial assets of the households sector (transactions, bln rubles)
* Due to the limited set of financial instruments in the monthly publication, data on ownership of the listed shares and investment fund units and shares should be considered taking into account data on unlisted shares and other equity and investment fund shares in the quarterly publication “Financial assets and liabilities of the households sector”
Financial liabilities
Consumer loans accounted for the main part of an increase of total household loans in February 2024
Consumer loans (+136 bln rubles) made the main contribution to the growth of total bank loans in February 2024 (+318 bln rubles). The growth of mortgage loans amounted to 122 bln rubles and car loans — to 65.1 bln rubles.
Households loans (bln rubles)
|
01.03.2024 |
Transactions per month, |
|||
|
December 2023 |
January 2024 |
February 2024 |
||
|
Liabilities |
||||
|
Bank loans |
35 960,8 |
352,6 |
226,9 |
318,1 |
|
Mortgage loans |
18 413,0 |
542,1 |
126,1 |
122,1 |
|
Remaining bank loans (mortgage excluded) |
17 547,8 |
−189,5 |
100,8 |
196,0 |
|
Car loans |
1 819,5 |
57,1 |
39,5 |
65,1 |
|
Consumer loans |
14 165,0 |
−284,0 |
120,1 |
136,4 |
|
Other loans |
1 072,0 |
28,0 |
−61,2 |
2,7 |
|
Accrued interest claims |
491,3 |
9,4 |
2,4 |
−8,2 |
|
Mortgage loans, repurchased by mortgage agents and accounted for repayment |
1 438,2 |
−7,6 |
−25,7 |
−50,3 |
* Estimated value.
** Due to the limited set of financial instruments in the monthly publication, data on ownership of the listed shares and investment fund units and shares should be considered taking into account data on unlisted shares and other equity and investment fund shares in the quarterly publication “Financial assets and liabilities of the households sector”