Putin instructed to insure investment of Russians as deposits

Russian President Vladimir Putin instructed the government to insure the investment of Russians as deposits. He said this, speaking at the VTB Investment Forum Capital “Russia calls.” His words leads RBC.

Putin stressed that the securities of Russian companies should not only be a reliable source of financing, but also work directly on the Russians themselves and consistently bring the income to those who are ready to invest in the economy “Along”. “In essence, we are talking about the mechanism similar to the bank deposit insurance system. This decision I ask to work,” the president clarified. “In the stock market, fluctuations and decals are inevitable and need to protect the interests of citizens, guarantee their savings,” he indicated.

Earlier in November, the Central Bank called the main strategy of Russians trading on the stock exchange. In the “review of the risks of financial markets” it was indicated that the essential part of the trade in the exchange of Russians buys and in the subsequent does not sell shares. Private investors became the largest buyer in the Russian stock market – from April to September, the share of the population in total net purchases (minus sales) exceeded 85 percent. Such dynamics shows that the demand for Russian shares on the part of retail investors is growing. The regulator notes that Russian citizens became dominant power in the market and can have a significant impact on its dynamics.

/Media reports.