Belarusians begin to withdraw money from banks

The outflow of time deposits opened by individuals in Belarusian rubles has been recorded in June 2013 for the first time since October 2012.

As of July 1, 2013, banks had 22.9 trillion Belarusian rubles of time deposits in rubles opened by individuals, which is 71.8 billion rubles less than a month ago, the press service of the National Bank reports.

A similar situation can be observed with time deposits of companies, but the outflow is more visible – from 17.1 trillion rubles to 15.8 trillion (1271.2 billion rubles less).

Individuals and companies had different tendencies in dealing with time deposits in foreign currency. Individuals increased deposits from $6.06 billion to $6.16 billion, while companies decreased deposits from $2.24 billion to $2.2 billion (in terms of the exchange rate of the National Bank at the reporting date).