Thursday, October 22, 2026Moscow
Economy

New Yorkers are increasingly choosing cash instead of bank accounts

Residents of the Novosibirsk region are increasingly using cash

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New Yorkers are increasingly choosing cash instead of bank accounts

According to Novosibirskstat, in January and February, residents of the region withdrew 151.7 billion rubles. In June and July, the volume of cash issuance exceeded 205 billion rubles.

The trend is noticeable throughout Russia. According to the autumn survey of the company “inFOM”, which refers to “Izvestia”, cash prefer to use to store savings 38% of respondents. Over the year, the share rose by six percentage points. At the same time, the popularity of bank accounts decreased from 43% to 37%.

Experts associate interest in cash with fears of interruptions of the mobile Internet and non-cash payments, as well as changes in the profitability of bank deposits. The features of the regional economy play an additional role: developed trade, the work of large companies, intensive tourist and transit flows.

At the same time, experts do not consider the complete abandonment of banking instruments a justified decision. Cash can be useful in case of communication failures, but deposits and accounts allow you to receive interest and not store large amounts at home.

Earlier, "MK in Novosibirsk" reported that the allowance for the birth of a child can grow to 36.5 thousand rubles.

Source: Московский комсомолец ↗

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