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Household deposits with Russian banks up over 1% in Feb.


MOSCOW, March 25 (RIA Novosti) - Individual ruble savings accounts held with Russian banks increased by more that 1% in February, a Central Bank official said on Wednesday.

"Household deposits in February, according to preliminary information, increased by more than 1%. The increase occurred due to a growth in ruble deposits," said Alexei Simanovsky, who heads the bank's department for regulation and supervision.

The official said the increase in ruble deposits was expected to continue, adding that the "ruble will be stable for several months."

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