The 16th VTB Investment Forum "RUSSIA IS CALLING!" is taking place in Moscow.

On December 2-3, 2025, Moscow hosts the XVI VTB Investment Forum "Russia is Calling!". The main theme of the forum in 2025 is "Moving up: Bold solutions for the new Economy."

During the first day of the forum, Alexey Okhorzin, Senior Vice President and head of VTB's Retail Business products department, said that next year the portfolio of funds raised will grow by 11% and exceed 73 trillion rubles. The growth rate will slow down compared to the current year (+14.5%), but it will still be higher than inflation.

Russians continue to keep the vast majority of their savings in rubles. By the end of the year, their share will increase by another 1-2 percentage points and will reach 95%. High rates on savings products persist and remain the main incentive to place funds on deposits and savings accounts.

Next year, the savings market will continue to move upward, albeit at a more moderate pace. According to experts, the growth rate will be about 11%, however, it may vary depending on the intensity of the Central Bank's plans to mitigate PREP. If inflationary pressures fall, this will affect both the key rate and deposit rates.

"High interest rates are a powerful incentive that has provided the savings market with record growth over the past two years, and it will continue at double—digit rates next year. Short-term deposits will remain dominant. One of the key trends that will increase next year is the development of personalization and personalized offers," commented Alexey Okhorzin.