Since the beginning of 2020, Russians withdrew $ 8.3 billion from deposits

Since the beginning of 2020, depositors of Russian banks have withdrawn $ 8.3 billion from deposits, with $ 1.1 billion had in April. This indicator almost reached the value for the whole of 2019 - then depositors withdrew $ 8.6 billion.

Also, the volume of deposits has decreased since the beginning of the coronavirus pandemic. So, in May it fell by 1.2% on April indicators, and in March it even showed a record low value. Then the regulator explained this by the need for people to withdraw cash before self-isolation, but at the moment the trend continues.