According to Deputy Chairman of the NBU Serhiy Nikolaychuk, since the beginning of the full-scale invasion the increase has exceeded ₴830B (+90%). At the same time, 56% of customers’ hryvnia currency in banks are funds in the accounts belonging to legal entities, which have increased by 6% since the beginning of the year and by 100% since the beginning of the full-scale invasion. Hryvnia bank accounts owned by individuals have increased by 8% since the beginning of the year and by about 80% since February 24 2022.
According to financial analysts, record budget spending, supported by Western aid, has stimulated growth in Ukrainians’ savings. Over the past two years, they have increased non-cash national currency by ₴303.2B compared to pre-war years. Individuals and sole proprietors increased their hryvnia deposits by ₴289B in banks, and investment in government bonds, which have become a more profitable alternative to bank deposits, represents another ₴14.1B of the increase (+119.2%).
In total, Ukrainians have ₴822B in liquid hryvnia assets (+58.4%).