Volume of USD millionaires services by Russian banks 2016-2020

Published by A. Melkadze, Dec 12, 2022
The steadily expanding market volume of services for U.S. dollar millionaires in Russia increased by nearly nine percent in 2020 relative to the previous year. The value of financial services by Russian banks for U.S. dollar millionaires was expected to amount to over 10 trillion Russian rubles in 2020.

Market volume of Russian banking services for U.S. dollar millionaires from 2016 and 2020* (in trillion Russian rubles)

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Release date

January 2020

Region

Russia

Survey time period

2016 to 2020

Supplementary notes

* High-net-worth-individuals (HNWI), or bank clients whose assets exceeded one million U.S. dollars.
** Forecast.

The latest survey was conducted between October 2019 and January 2020. The survey participants were polled in banks which were engaged in servicing USD millionaires.

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