Trust in banks increases in Russia

Russian citizens have begun to trust banks more. This trend is illustrated by the highest increase in deposits over the past year and a half – 19.2%, deputy chairman of the Central Bank of Russia Mikhail Sukhov said.

This figure, he specified, includes banks with state participation, banks controlled by private Russian capital and credit institutions controlled by foreign investors.

"Trust in the banking sector is high," TASS quoted the deputy chairman of the Bank of Russia as saying.