Policy to increase the maturity of household deposits in order to strengthen the resource base of Russian banks

Abstract

The role of client funds and bank deposits of individuals, in particular, as a source of funding for Russian banks in the context of tightening sanctions, is significantly increasing. At the same time, it is necessary to pay special attention to increasing the stability and urgency of the resource base of banks, since in the current conditions banks are often under the threat of a massive withdrawal of money, and the urgency of deposits remains uncertain. This forces banks to maintain excess liquidity reserves, reducing investment lending to the real sector of the economy. The article substantiates a set of measures aimed at increasing the urgency and stability of retail deposits.