YEREVAN, July 17. /ARKA/.Russia’s central bank has downed its 2014 outlook on growth in the population’s deposits to 10-12%, Mikhail Sukhov, deputy chairman of the bank, said on Thursday.

On Wednesday, Russia’s Deposit Insurance Agency lowered sharply its outlook on growth of Russia citizens’ deposits for 2014 – deposits may grow 7-9% instead of the 17-19% expected earlier, RIA Novosti reports.

“I am more optimistic about the matter and my forecast is closer to 10-12%,” Sukhov said at an international bank conference in Saint Petersburg.

Before that, the regulator, like the Deposit Insurance Agency, predicted a 17-to-19-percent deposit growth for 2014. ---0----