Russians’ interest in the stock market increased in 2023; Individual investors’ funds in brokerage accounts increased by 53 percent compared to the previous year, reaching 9.2 trillion rubles. This has been reported Web site Central Bank of Russia.
The publication notes that the bulk of this amount (about 8.4 trillion rubles) comes from securities, while about 0.6 trillion more comes from cash in rubles and foreign currency.
The Central Bank emphasized that growth was due to positive valuation and new investments.
The number of individuals with brokerage accounts also increased, increasing by 29% to 29.7 million, accounting for 39% of the country’s economically active population.
Kirill Danilov, formerly a lawyer and teacher at the Financial University of the Government of the Russian Federation saidthat banks actively advertise deposits with high rates, which can hide completely unprofitable options.
According to Danilov, we can talk about an insurance policy or another investment product with a risky return.
Previously Mishustin in the name Avoid excessive optimism.