Share of FX savings on personal fixed-term deposits at Belarus banks down 2.5 p.p. to 68.7% in Q2 2021

<p> MINSK, Aug 5 - PrimePress. The share of FX savings in the total volume of personal fixed-term deposits at Belarusian banks decreased by 2.5 percentage points to 68.7% in the second quarter of 2021. This is stated in the Q2 edition of the Know Your Customer analytical review published on the website of the National Bank of Belarus (NBB). </p> <p>   </p> <p> “The main depositors in the category of individuals are residents, whose deposits amounted to Br14.66 billion ($5.827 billion at the exchange rate of the National Bank) as of July 1, 2021, or 97.5% of the total amount of time deposits placed. The share of FX savings in the total volume of fixed-term bank deposits is still dominant and stands at 68.7%. During Q2 2021 it decreased by 2.5 p.p.,” the National Bank said. </p> <p>   </p> <p> Fixed-term deposits in foreign currency (in ruble terms) decreased by 12.7% against the level of April 1, 2021 and amounted to Br10.33 billion ($4.106 billion, $1 = Br2.5158) as of July 1. Fixed-term FX deposits in dollar terms decreased by 9.5% to $4.08 billion in Q1 2020. </p> <p>   </p> <p> Revocable deposits in Belarusian rubles increased by 9.9% to Br569 million ($226.2 million) in Q1 2021. Revocable deposits in foreign currency decreased by 13% to the equivalent of Br3.64bn ($1.447bn). </p> <p>   </p> <p> The largest amount of personal savings on bank deposits is placed in Belarusbank: July 1, 2021, its share in the deposit market of individuals was 51.4%. End </p> <p>   </p>

2021-08-06

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