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Banks' correspondent accounts with CBR decline 5.2%

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MOSCOW, December 11 (RIA Novosti) - Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 338 billion rubles ($12.88 billion at the current exchange rates) at the beginning of the business day, down 5.2% (21.4 billion rubles/$815.6 million) from Friday, the CBR said Monday.

Credit institutions' balances on deposit accounts with the Bank of Russia stood at 62.8 billion rubles ($2.4 billion), down 1.9% (1.2 billion rubles/$45.73 million from Friday.

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