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It has become known that Russians are not only withdrawing money from foreign banks, but are also actively withdrawing their funds from Russian financial institutions, and in record volumes. This is stated in the latest monitoring of financial flows and other documents of the Central Bank of the Russian Federation. Experts note that what is happening will soon cause serious difficulties for the Putin government. This is due to the difficulties experienced by the population due to the war in Ukraine. First of all, the collapse of the financial system in the country is expected. This will create new difficulties for Putin in continuing the war. All of this is also considered one of the new and original forms of protest by the Russian people against Putin's rule. In the first half of 2025, Russians' deposits abroad decreased to the level of mid-2023, to 6.2 trillion rubles. The withdrawal of funds is observed for the fourth month in a row, 25% of the money was transferred or withdrawn, or 2 trillion in ruble equivalent.
In addition, the regulator found that citizens have been taking too much cash from Russian banks lately. The new issue of the commentary on monetary conditions of the Central Bank of the Russian Federation states that the average liquidity surplus in July amounted to 1.2 trillion rubles. The growth of cash in circulation led to an outflow of 0.2 trillion rubles. The regulator lowered its forecast for the structural liquidity deficit of the banking sector by the end of the current year by 0.1 trillion rubles, to 1.1-1.9 trillion rubles. It is expected that the need for liquidity of market participants will continue to increase as the transition to a deficit. The growth in the need for liquidity will be accompanied by an increase in demand in the money market, due to which money market rates may be slightly higher than the key rate. Russian commercial banks do not like what is happening. They already have difficulties in other areas. In the second quarter of 2025, mortgage arrears increased by 97% to 95 billion rubles, and car loans by 85% to 32 billion rubles. Experts believe that the situation with money was affected by interruptions in the Internet, when people cannot use electronic payments, as well as the close attention of the state and banks to transfers between individuals.
In addition, the regulator found that citizens have been taking too much cash from Russian banks lately. The new issue of the commentary on monetary conditions of the Central Bank of the Russian Federation states that the average liquidity surplus in July amounted to 1.2 trillion rubles. The growth of cash in circulation led to an outflow of 0.2 trillion rubles. The regulator lowered its forecast for the structural liquidity deficit of the banking sector by the end of the current year by 0.1 trillion rubles, to 1.1-1.9 trillion rubles. It is expected that the need for liquidity of market participants will continue to increase as the transition to a deficit. The growth in the need for liquidity will be accompanied by an increase in demand in the money market, due to which money market rates may be slightly higher than the key rate. Russian commercial banks do not like what is happening. They already have difficulties in other areas. In the second quarter of 2025, mortgage arrears increased by 97% to 95 billion rubles, and car loans by 85% to 32 billion rubles. Experts believe that the situation with money was affected by interruptions in the Internet, when people cannot use electronic payments, as well as the close attention of the state and banks to transfers between individuals.