Martial law and the closing of the Ukraine unit of Russia’s VTB bank have not caused a run on bank deposits in Ukraine, according to Kateryna Rozhkova, first deputy governor of the National Bank of Ukraine. “Not a single bank turned to the NBU these days for liquidity support,” Rozhkova wrote on Facebook. She said that the withdrawal of 2% of bank deposits in recent days was largely attributed to consumer paying for Black Friday purchases.
Martial law and the closing of the Ukraine unit of Russia’s VTB bank have not caused a run on bank deposits
