© RIA Novosti / Alexei Sharecompat in fotoracconti nominal value of one ruble, one Euro banknote one dollar. Archival photo© RIA Novosti / Alexei Sharecompat the image Bank
Russian millionaires are stored in Russian banks are only a third of their savings. This is evidenced by the results of the study «Private Banking in Russia 2018» conducted by Frank RG.
The company’s experts analyzed the financial assets of more than 30 thousand Russians with at least one million dollars in their accounts, excluding real estate and working capital of their business. The study was conducted from April to October based on the data of 11 Russian banks and their private banking divisions specializing in the provision of services to wealthy clients.
Total assets of this group of Russians is 455 billion $ 315 billion of them are stored abroad, hence Russia kept only 140 billion.
Earlier, the Bank of Russia raised its forecast for net capital outflow from Russia in 2018 to $ 55 billion from $ 30 billion in 2019 — up to $ 27 billion and up to $ 18 billion in 2020-2021 years.