Rosbank Organized Round Table on Private Deposit Market
OREANDA-NEWS. October 11, 2012. Rosbank held a round table entitled "Current trends in retail deposits".The event was attended by Rosbank First Deputy CEO Igor Antonov, General Director of "Interfax-CEA" Mikhail Matovnikov, Managing Partner of Frank Research Group Yuri Gribanov, other experts and journalists.
The impact of higher rates on business, the problem of "lack of savings" among the population, the level of financial literacy of the borrowers and ways to improve it were among the main topics covered within the round table.
According to Igor Antonov, private deposit market will increase by 18% in 2012 and by 16% in 2013. But the ascending trend will hardly characterize the profitability of individual deposits. “I do not see any conditions for significant growth of private deposit profitability”, he resumed.
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