The Russian millionaires of Russia refused to storing their savings


Photo: Alexei vitvitskiy / RIA Novosti

Russian millionaires are kept in Russian banks about one-third of their funds. This is stated in the study “Private Banking in Russia 2018” of the company Frank RG.

According to experts, the total amount of the financial assets of wealthy Russians is $ 455 billion, of which 315 billion is abroad. In 2018, only 5% of the capital of millionaires has returned from abroad to their homeland.

Research Frank RG was covered more than 30 thousand Russians with at least 1 million dollars in cash and securities excluding real estate and business development.

9 October it became known that the net capital outflow from Russia in the third quarter of 2018 grew by 48 times compared to the same period 2017 — 19,2 billion versus 0.4 billion. Assessment of the Central Bank, in conjunction with the January to September taken out of Russia of 31.9 billion dollars.

Research division of Citibank had earlier suggested that the outflow of capital from the Russian market due to increasing sanctions and confrontation between Moscow and Washington. In such circumstances, investors see the Russian assets too high risks and withdrawing money.

Video, photo All from Russia.


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