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Banks' correspondent accounts with CBR rise 13.6%

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MOSCOW, December 18 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 499.7 billion rubles ($19 billion at the current exchange rates) at the beginning of the business day, up 13.6% (59.8 billion rubles/$2.3 billion) from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 58.8 billion rubles ($2.23 billion), up 27% (12.5 billion rubles/$474.7 million) from Friday.

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