As deposit rates continued to go up, the inflow of households' funds into banks sped up. Moreover, customers gradually transferred their funds from current accounts to time deposits.

More details are available in the new issue of the Banking Sector Liquidity and Financial Markets commentary.

Preview photo: Song about summer / Shutterstock / Fotodom

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Central Bank of the Russian Federation published this content on 20 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2022 08:41:01 UTC.