Bankers predict a yield decrease for hryvnia deposits at the end of April.

At the beginning of April, rates on hryvnia deposits will remain stable. However, from the second half of the month, we should expect a slight drop in profitability, said Dmytro Zamotayev, director of the retail business department of Globus Bank.

He predicts that in April the growth in hryvnia deposits will reach 3-5% compared to March, and since the beginning of the year, it will reach 12-14%. At the same time, the rate on three-month deposit certificates, as the basis for forming rates on hryvnia deposits, was reduced from 19% to 17.5%. Therefore, commercial banks adjust their yields on their main deposit:

1. deposits from three to six months, 12.5% (maximum up to 16% per annum)
2. from six months to a year, 12% (maximum up to 15% per annum)

According to Zamotayev, the net profit from hryvnia deposits, as in March, will average 5-6%; the net income from hryvnia deposits is almost 200% higher than the income from deposits in dollars and euros.