Course to transform savings into investments

The sustainability of the financial market and economic growth depend on the volume of savings and investments. In conditions of limited external investment and sanctions pressure, attracting household savings to the financial market becomes a priority. This task is defined in the documents of the Central Bank of the Russian Federation and the Ministry of Finance of Russia. The article substantiates the impact of investment and savings on economic growth. The author assesses the dynamics of attracting financial resources in the banking and insurance markets and provides arguments on the need to increase the transparency of financial instruments and find ways to attract foreign capital.