The banking sector of Sverdlovsk Region experienced an increase of 33.2% in investments in 2005
The banking sector of Sverdlovsk Region experienced an increase of 33.2% in investments in 2005. Over a half of all the investments was accumulated by the region’s independent banks. Private savings made up nearly a half (52.8%) of all the money, whereas about one-quarter (24.8%) came from legal entities and various proprietors, with issued securities, bank-to-bank loans and deposits, and budgetary and non-budgetary funds making up 9.9%, 5.7%, and 3.6%, respectively, of the total sum.
Private savings appear to keep their position as the most significant source of investments: the increase in this type of deposits went up to 25.5% within the regional boundaries. Over the months of January to October, the independent regional banks have accumulated the best part (55.5%) of all private investments, most of which (85.6%) was reported to have been deposited in national currency, as figures had it on October 1, 2005.
Private savings appear to keep their position as the most significant source of investments: the increase in this type of deposits went up to 25.5% within the regional boundaries. Over the months of January to October, the independent regional banks have accumulated the best part (55.5%) of all private investments, most of which (85.6%) was reported to have been deposited in national currency, as figures had it on October 1, 2005.
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