Customers was taken from Sberbank in the new year holidays 317 billion rubles.

Funds of natural persons in Sberbank in January decreased by 317 billion rubles, or 2.9% and amounted to 10.5 trillion rubles, is spoken in the message of the credit organization. In the Bank this fact is attributed to the fact that customers spend a lot in the new year holidays, Bank cards, “which is the traditional for the beginning of the year”. This statement confirms 101 reporting form, according to which the outflow fell on the rest of means on accounts and on deposits with a growth by 0.86% or $ 71.4 billion rubles.

“The outflow of funds of natural persons in January 2016 is a seasonal correction of their growth in December 2015, when deposits grew by 900 billion rubles. We observe the repetition of the characteristic dynamics of the behavior of investors who would spend money from current accounts and balances on a Bank cards at the same time, fixed-term accounts, we see the remnants of stability”, — said the Deputy Chairman of Sberbank Alexander Morozov.

Really December—January are knocked out of the overall dynamics of deposits not only in the savings Bank, but also in the whole banking sector, the analyst PSB Dmitry Monastyrsky. The reason lies in the fact that in the accounts of individuals in banks there is an increase in residues resulting from the payment of the 13th salary and annual bonuses, says Monastyrshin. Also in January, given the large number of public holidays, people spend more money on entertainment and purchase of goods in stores, he adds. “Someone bought imported goods, the currency and this increased the outflow of funds from the banking system,” said Monastyrshin.

As adds chief economist, Eurasian development Bank Yaroslav Lissovolik, the outflow of funds of natural persons in Sberbank could be influenced by a number of factors are exchange rate factors, the dynamics of consumption and inflation expectations. “According to the latest report of the Central Bank about the inflationary expectations of the population in January, has increased the share of those who expect the acceleration of price growth in next 12 months. In addition, it should be noted the high level of fluctuations in the exchange rate in January, which could also stimulate the outflow. All this increases the propensity to consume,” says Lissovolik.

Last year in January of 2015 seasonal outflow of funds on ruble deposits was lower than in January 2014. Overall there was a growth of funds of individuals at 98 billion rubles or 1.1%. The increase was due to the inflow of funds in bersertifikasi and a significant revaluation of foreign currency deposits, according to Sberbank’s website.

According to analyst BKS Olga Naidenova, last year in January was not the outflow of citizens from the savings Bank from-for crisis. “In December 2014 Sberbank has lost 1.3 trillion rubles because of the panic the population on the background of the SMS-attacks on Sberbank. In the end, the entire outflow was in December, and in January the savings Bank has worked to attract liquidity. In the end, the picture last year was very unusual,” — emphasizes the analyst.

In January 2014 the funds of natural persons decreased by 322 billion rubles, or by 4.0% and amounted to RUB 7.7 trillion. Then the whole outflow was also on the accounts of Bank cards in the new year holidays. “In addition, the reduction in the volume of deposits in January was the result of record-breaking growth in December 2013, when retirees were transferred to pension for two months: during December 2013 and January 2014,” according to Sberbank.