Russian corporate bank deposits fall 0.4% in September after August surge

Corporate funds in Russian banks declined by 300 billion rubles (-0.4%) to 66.5 trillion rubles in September, reversing August's 1.9% increase. The reversal suggests firms drew down deposits, possibly to fund operations or due to tighter liquidity, though the CBR review provides no breakdown. This signals cooling corporate cash accumulation in the Russian banking system.

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