Subject The article considers household savings as a potential source of domestic investment in the region's economy. Objectives The aim is to review basic problems related to attraction of household savings, determine trends and development prospects for further investment of household savings in the economy of the region on the Siberian Federal District case. Methods The study employs general economic and statistical methods to investigate the status of household savings. To process the statistical information, I apply the tools of the Microsoft Excel analysis package. Results The study reveals a reduction in household savings in the Siberian Federal District and states basic problems of their attraction. The findings show that savings are concentrated within a limited number of households, as a rule, with high and average level of income. The usual form of savings is a bank deposit. In the Siberian Federal District, I highlight regions with negative savings and regions where over 26% of all savings are non-organized, therefore, they are an unrealized potential source of home investment in the economy of the region. Conclusions Federal and regional authorities and financial and credit institutions should elaborate approaches to their policy formation to encourage household savings and involve them in the investment process to the maximum possible extent.
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