FX.co ★ Five Russian cities with most active investors

Moscow

As the data from the Russian Standard Bank show, citizens of the capital of the Russian Federation are the most advanced in terms of personal savings. The most popular deposits among Moscow residents are ruble. The amount of deposits in euros fell by 22%, while in US dollars rose by 3.4%. The increase of deposits in rubles was 15.5%, experts noted.

St. Petersburg

The second place in terms of deposits and activity of the population goes to Saint Petersburg. According to analysts, the residents of St. Petersburg have more opportunities for income growth with small risks, for example, when buying a particular currency. As noted by the bank's experts, this factor is important for 13% of the respondents.

Nizhny Novgorod

The third place in the ranking of Russian Standard Bank is occupied by Nizhny Novgorod. The majority of the population, namely 69% of the respondents, prefer guaranteed income, for example, ruble deposits at favorable rates. Citizens of other regions of the Russian Federation follow this approach.

Samara

Samara takes the fourth place in the list of Russian cities with the most advanced investors. In this city, as well as in other megacities, there is a tendency among retirees to hold deposits. Many citizens of the Russian Federation are interested in long-term investment such as buying an apartment and its subsequent renting.

Voronezh

Voronezh closes the top 5 Russian cities with the most active investors. Projections of the Russian Standard Bank analysts indicate that the outflow of deposits into the national currency is expected in the near future. In the present situation, the rates for ruble deposits, in contrast to foreign currency deposits, are above the inflation rate. This offers the possibility not only to save money but also to increase savings due to returns on deposits, experts remind.