Ukrainians hold more than $100B in cash.

The total amount of cash savings belonging to consumers and businesses in foreign currency outside banks in Ukraine is $116B, NBU Council member Bohdan Danylyshyn said. “Households and businesses keep the main part of their financial assets in foreign currency,” he said.

According to Danylyshyn, during the war the share of foreign currency assets in the total financial assets of businesses and individuals increased from 65% as of January 1, 2022, to 69% as of September 1, 2023. “More than 85% of foreign currency assets is in cash,” he said.

It is noted that hryvnia assets in the structure of financial assets of households and businesses make up 31%, of which hryvnia in cash accounts for 31%, household term deposits – 11%, business term deposits – 11%, and current accounts – 42%.