Throughout the month, Ukrainians increased their bank accounts by ₴1.7B. As of April 1 2025, the total amount of consumer deposits, including those from individual entrepreneurs (FOPs), in Ukrainian banks surpassed ₴1.392T, which is ₴1.7B ($40M) more than at the beginning ... #BankDeposits #financeUkraine #HryvniaDeposits #KeyPolicyRate #UkrainianBanks
Ukrainians are seeking reliable liquid savings instruments, which is driving the popularity of bank deposits. Head of Retail Products and Digital Banking at Piraeus Bank, Oleksandr Ovcharuk, explained to UBN that the war has altered Ukrainian’s financial habits, leading to greater demand for dependable ... #BankDeposits #financeUkraine #OleksandrOvcharuk #PiraeusBank #PiraeusBankUkraine
Ukrainians are investing in bank deposits and dollar-denominated government bonds. According to the first quarter’s results, the volume of hryvnia funds in individuals’ accounts increased by 0.6%. The NBU reports that this positive trend has continued for the seventh con... #BankDeposits #financeUkraine #investments #nbu #OVDP #UkraineBond
Since the onset of the full-scale invasion, Ukrainians have doubled the hryvnia in their bank accounts. Ukraine’s banking system is boosting its liquidity reserve – the total number of hryvnia in consumer accounts rose by 2.3% in February, according to the NBU. Hryvnia held in business accounts al... #BankDeposits #financeUkraine #HryvniaDeposits #nbu #PiraeusBank #PiraeusBankUkraine
In Ukraine, household loans have become more expensive, even though banks attract funds at lower rates. In January 2025, Ukrainian banks raised their rates on household loans, according to operational data from the National Bank. Consequently, average interest rates on new bank loans to consumers in the... #BankDeposits #CreditPortfolio #financeUkraine #KeyPolicyRate #nbu #UkrainianBanks
Piraeus Bank forecasts an increase in the profitability of household and business deposits amid rising key rates in Ukraine. Igor Yakobchuk, Treasury Director at Piraeus Bank, stated to UBN that competition among banks for client liabilities and the NBU’s increase of the discount rate to 14.5% will result in a gradual... #BankDeposits #financeUkraine #KeyPolicyRate #LendingInUkraine #PiraeusBank #PiraeusBankUkraine
Banks’ hryvnia deposit portfolios have grown by ₴100B this year, or almost 7%. 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 cur... #BankDeposits #financeUkraine #HryvniaDeposits #nbu #OVDP
Lending to businesses and households in Ukraine has been growing for a year and a half; rates have been reduced for both loans and deposits. According to the NBU, in the third quarter of 2024 loan portfolio volume increased by 22.4%. Hryvnia business loans grew by 6.9%, and individual loans increased by 9.7%. Loans in wholesale trade and t... #BankDeposits #eOselya #financeUkraine #LendingProgram #nbu
In 2024, banks in Ukraine earned ₴118B thanks to lending and bonds. From January to September, solvent Ukrainian banks earned ₴118B ($2.8B) in net profit. The NBU explained that the primary income sources were the increase in lending volumes and investment in governme... #BankDeposits #BankLoans #financeUkraine #OVDP #UkraineBanksProfits #UkrainianBanks
The yield on deposits will continue to decline, but commercial lending conditions have softened for the first time since 2021. Ukrainian banks expect a further reduction in deposit rates for both individuals and businesses. A survey on lending conditions showed that in the third quarter, the largest share of respondents since... #BankDeposits #BankLoans #ConsumerLending #financeUkraine #UkrainianBanks
Since the beginning of the year, Ukrainians have increased hryvnia deposits by more than ₴54B. As of October 1, the total amount held in individual deposits (including individual entrepreneurs) in Ukrainian banks amounted to ₴1.3257T. Over the month, it increased by ₴24.7B ($625M), according to... #BankDeposits #financeUkraine #HryvniaDeposits #UkrainianBanks
The yield on deposits in Ukraine is falling, and loans are becoming cheaper. The average bank interest rates on new hryvnia consumer deposits in August amounted to 10.6% per annum, which is 0.1 percentage point lower than a month ago, NBU data shows. Interest rates on new cons... #BankDeposits #BankLoans #financeUkraine #nbu #UkrainianBanking
What awaits bank depositors through the end of the year? Inflation is forecast to be within 5-6% from September to December. Considering current deposit rates, individual depositors can not only protect their funds from depreciation but also receive a 3-4% ... #BankDeposits #Lending #UkraineBankingSector
