Retail deposits up 0.2%, Sberbank share falls below 50% in Jan

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Retail deposits up 0.2%, Sberbank share falls below 50% in Jan

MOSCOW. March 31 (Interfax) - Retail deposits in local currency and forex with Russian banks edged up 0.2% in January to 7.503 trillion rubles, the Federal State Statistics Service (Rosstat) said.

Deposits had grown 22.7% in the 12 months to February 1.

Sberbank saw its share of retail deposits fall 0.7 percentage points to 49.3%.

Ruble deposits held 5.535 trillion rubles as of February 1, 2010, up 36.9% from a year previously.

Forex deposits converted into rubles stood at 1.968 trillion rubles on February 1, down 5.1% from a year ago.

Deposits with Sberbank grew 18.6% in the 12 months to 3.699 trillion rubles, including 3.093 trillion rubles on ruble-accounts, up 26.9%, and 606.3 billion rubles on forex accounts, down 10.9%.