Every Second Russian Bank Recorded Outflow of Deposits
In July 2026, 152 out of 301 Russian banks reported a reduction in funds in term deposits. This affected every second bank against the backdrop of worsening conditions for saving funds. In June, 138 banks observed outflows, and in May — 134. Peak values were recorded in November 2025 (154 banks) and June 2024 (197 banks). Official data from the Central Bank of Russia shows a slight increase in account balances in July by 0.3% (234 billion rubles), however, the situation in the retail segment is deteriorating. The share of Russians who consider bank accounts the best form of savings has fallen to 36%, while supporters of cash have increased to 37%. Sberbank's CEO Herman Gref reported a "significant outflow" of funds in July. Over the past six months, citizens withdrew nearly 2.6 trillion rubles from deposits and current accounts, which increased the volume of cash to 21.5 trillion rubles. The decline in the attractiveness of deposits was influenced by rising tax pressure, falling real incomes, a decrease in the key rate, and rumors of a possible freeze on deposits. In the first half of 2026, the share of income from savings decreased from 10% to 4.4%. 58% of Russians do not have a financial safety net in case of income loss.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Ukrenergo Begins Restructuring Eurobonds Worth $825 Million

Iren's AI Cloud Revenue Surpasses Bitcoin Mining, Stock Drops 8%

Dollar Stablecoins Propose 88% Model for Dollar Procurement

Russian Government Introduces Price and Supply Controls on Fuel Due to Gasoline Shortage

Polymarket US Weekly Trading Volume Reaches $870 Million, Approaching International Polymarket

Walmart Reaches Settlement with U.S. Over Opioid Lawsuit

CoinShares: Miners as Beneficiaries of the AI Boom in the USA

US Employment Statistics Revised Upward by 185,000

IREN Plans $25 Billion to $30 Billion AI Expansion Raises Investor Concerns

Stablecoins Worth $320 Billion Included in Jackson Hole Symposium Agenda

Russian Oil Refining Hits 20-Year Low Due to Ukraine Attacks

Circle CCTP V1 to Be Deprecated on October 31, 2026

MEXC Ventures Sponsors Alpha Arena Bali Final, Arumando Wins Championship

Ripple Releases 1 Billion XRP on September 1, Not All for Sale

Cargo Exports Through Ukrainian-Hungarian Crossings Increased by 54%

$80.51 Billion Net Purchase: South Korea Ranks Third in U.S. Stocks

Deripaska Halts Four Rusal Plants Due to $800 Million Losses

Purchase Prices for Pigs from August 31 to September 6, 2026

Ukrainians Declared 22 Billion UAH in Foreign Income

Circle Becomes Chelsea's Front Shirt Sponsor, USDC Logo to Debut in 2026/27 Season

Ukraine's National Debt Reaches 9,572.19 Billion UAH, Service Rate Decreased to 4.40%

The Audit Chamber Reveals UAH 350 Billion Discrepancies in Defense Procurement

Rayls Launches Private Blockchain Sovereign for Financial Institutions

SEC Proposes $75 Million Token Offering Exemption, Comments Due by October 20, 2026

Rostelecom's Debt Reaches $8.13 Billion Amid Rising Expenses

The Share of Chinese Cars in Europe Exceeded 11%

CLARITY Act Set for Senate Closure Vote on September 16

Russia Attacks Warehouse of Readeat and Ukrainian Publishers

Toyota Sales Declined by 5.3% in July 2026







