Corporate funds with Russian banks edge up by 0.2% in January — Central Bank
Business & Economy
February 26, 15:34
Currency funds increased by $1.2 bln in the ruble equivalent
MOSCOW, February 26. /TASS/. The amount of corporate money with Russian banks ticked by 0.2% in January after the 0.7% increase last December and totaled 62.4 trillion rubles ($810.4 bln), the Central Bank said.
"Funds of legal entities continued growing moderately (+0.1 trillion rubles ($1.3 bln), +0.2% after +0.7% in December owing to receipts at currency accounts (+2.6%)," the Bank of Russia said.
Currency funds increased by 90 bln rubles ($1.2 bln) in the ruble equivalent. Funds at escrow accounts dropped by 1.6% or by 114 bln rubles ($1.5 bln) because of large volumes of escrow accounts opening driven by housing commissioning.