The Central Bank of Russia published 2024 results for individual investment accounts (IIAs), showing a sharp pickup in retail investor activity, including in brokerage IIAs. Broker clients deposited RUB 64 billion in 2024 Q4, four times more than a year earlier, and total contributions in 2024 were 2.5 times the 2023 level, which the Bank links to growing demand for type 3 IIAs. Higher contributions and positive securities revaluation lifted total IIA portfolios to RUB 595 billion. Russian shares remained the main investment choice, while investors also actively purchased money market fund units amid high interest rates and bonds issued by residents; the total number of IIAs reached 6.1 million by end-2024. Further information is set out in the report “Individual Investment Accounts: Trends in 2024 Q4”.
Central Bank of Russia 2025-02-25
Central Bank of Russia reports RUB 83 billion deposited into brokerage individual investment accounts in 2024 and portfolios rising to RUB 595 billion
The Central Bank of Russia reported a significant increase in retail investor activity in individual investment accounts (IIAs) for 2024, with broker clients depositing RUB 64 billion in Q4, quadrupling the previous year's figure. Total contributions in 2024 were 2.5 times higher than in 2023, driven by demand for type 3 IIAs. Total IIA portfolios rose to RUB 595 billion, with Russian shares, money market fund units, and resident-issued bonds as popular investments, and the number of IIAs reaching 6.1 million by year-end.