The Central Bank of Russia published an update on 2025 Q2 trends in individual investment accounts (IIAs), showing faster growth in account numbers and continued net inflows as retail investors added funds and tilted portfolios toward bonds. The number of IIAs rose by nearly 94,000 to above 6.2 million. Net inflows into brokerage accounts totalled RUB 39 billion (up from RUB 36 billion in 2025 Q1), while total assets held in IIAs reached RUB 680 billion, supported by IIA replenishments and positive revaluation of Russian bonds. Debt securities accounted for 39% of investor portfolios, Russian shares fell to 33% (the lowest level since 2023 Q2), and cash holdings were 6%.
Central Bank of Russia 2025-08-15
Central Bank of Russia reports accelerated growth in individual investment accounts and increased investor preference for bonds in 2025 Q2
The Central Bank of Russia reported a significant increase in individual investment accounts (IIAs) in 2025 Q2, with numbers rising by nearly 94,000 to over 6.2 million. Net inflows into brokerage accounts reached RUB 39 billion, and total assets in IIAs grew to RUB 680 billion, driven by account replenishments and bond revaluations. Debt securities comprised 39% of portfolios, while Russian shares decreased to 33%, the lowest since 2023 Q2.