Including by diversifying capital in favor of real estate, investments in precious metals and securities of the energy sector. — Are there more global trends in the behavior of Russian private banking clients? — I would say that there is a tendency to abandon high-risk assets in the financial markets. As a result, a significant decrease in interest towards fix income instruments and classic savings products. In particular, mortgage-back securities and infrastructure bonds of JSC are especially popular among ruble-denominat instruments. They are quite conservative, while investment attractive.
The risk appetite of clients and a shift
In addition for many clients their essential ESG Dominican Republic Phone Number List component is also important – the social and image value of the product. The second point I would call the active transition of clients from the use of classic foreign currencies in the form of the dollar and the euro towards alternative options. In our bank, we are seeing strong demand for Chinese Yuan and UAE dirhams. Our clients actively use these currencies for savings, investments and wealth management. – That is, deposits in exotic currencies are popular.
We note the high popularity of the UAE
Yes For example we have a wide range of deposits in BT Lists Chinese yuan on attractive terms. We are still monitoring dirhams from the point of view of the possibility of opening term deposits. In general, a number of clients believe in dirhams – they acquire them and place them on their accounts. The volume of such placements is growing from month to month. In general market among our customers. The dirham is consider to be one of the most stable currencies in the world. This is due to the fact that in 1997 its rate was fix against the dollar at around 3.67 dirhams / $ 1. Since then, the rate has remain unchang. What is important to know about real estate for VIP clients.
