Russian banks' deposit accounts up to 314.8b rbls: cbank
MOSCOW: Russian banks' balances on correspondent accounts with the central bank grew to 973.8 billion rubles at the start of the business day on Thursday from 861.7 billion rubles on Wednesday, while deposit accounts went up to 314.8 billion rubles from 228.5 billion rubles.
Credit institutions' balances on correspondent accounts in the Moscow region edged up to 638.7 billion rubles from 552.1 billion rubles, the central bank said. The balances of commercial banks on correspondent accounts with the central bank are intended for current transactions in the economy and are used as freely available deposits at the central bank. -PB News