Ukrainians’ trust in banks is growing, and here is why. Over the past year, the volume of deposits in Ukrainian banks increased by more than 8.6%, reaching a record ₴1.14T. Ukrainians keep ₴733B of this amount in the national currency and ₴409B in foreign ... #BankDepositsinUkraine #financeUkraine #UkraineBankingSystem #UkrainianBanks
Hryvnia deposit profits will change in Ukraine. In November, Ukrainians can expect a drop in interest rates on hryvnia deposits. Interest will be 14-14.5% on average, but the return on deposits may rise to 6-7%, the experts say. This month, the mai... #BankDepositsinUkraine #financeUkraine #HryvniaDeposits #nbu
Banks forecast a decrease in deposit rates, but Ukrainians keep increasing their balances. Most financial institutions expect a decrease in the amount of deposited funds in the fourth quarter of 2023, according to the survey by the NBU. Instead, third quarter data shows an increase in house... #BankDepositsinUkraine #DepositGuaranteeFund #financeUkraine #nbu
Ukrainians are depositing more money: individual deposits increased by ₴5.2B in August. The total amount of consumer deposits (including individual entrepreneurs) in Ukrainian banks in August 2023 increased by ₴5.2B, and on September 1, is ₴1.115T, the Deposit Guarantee Fund reported. Of... #BankDepositsinUkraine #financeUkraine #HryvniaDeposits #UkrainianBanks
Ukrainian banks noticed a UAH 1.4B increase in consumer deposits last month. The total amount of May deposits by individuals in Ukrainian banks increased by UAH 1.4B and, as of June 1, amounted to UAH 1.0687T, reported the press service of the Guarantee Fund. It is noted that ... #BankDepositsinUkraine #financeUkraine #HryvniaDeposits #nbu #UkraineBankingSystem
Interest rates on deposits in Ukraine are increasing. In May, bank’s average interest rates on new hryvnia consumer deposits grew to 11.9% per annum from a month-earlier rate of 11.6%. According to the National Bank, rates for new deposits for the public... #BankDepositsinUkraine #DepositsInterestRate #nbu
The yield on deposits is growing, and loan rates have stabilized. Ukrainian banks continue to compete for clients’ funds, raising deposit rates for both individuals and businesses, the NBU Banking Sector Survey notes. On average, the value of 12-month deposits... #BankDepositsinUkraine #BankLoans #nbu #UkrainianBanks
Deposits and loans are becoming more expensive in Ukraine. In March 2023, the average bank interest rates for new hryvnia deposits increased for the population and amounted to 11.4% per annum, 0.6% higher than a month earlier (10.8%). According to the NBU, ra... #BankDepositsinUkraine #BankLoans
The NBU encourages banks to raise interest rates on household deposits. To encourage this, beginning May 11 the National Bank of Ukraine will equate the standards for the formation of mandatory reserves by banks with individual deposits for up to three months to the crite... #BankDepositsinUkraine #InterestRate #nbu
Banks in Ukraine can double deposit rates for the public. This will not significantly impact banks, particularly the total cost of funding, according to deputy head of the NBU Kateryna Rozhkova. She notes that in December, hryvnia liabilities in the banking ... #BankDepositsinUkraine #KaterynaRozhkova #nbu
During the war, Ukrainians increased their hryvnia bank deposits by a third. Since the beginning of the full-scale war, consumer hryvnia bank deposits have increased by 32%. As deputy head of the NBU Council Vasyl Furman clarified, as of September 9, the funds of legal entitie... #BankDepositsinUkraine #nbu
In June, Ukrainians increased bank deposits by $23B. As of July 1, individual consumer deposits (including individual entrepreneurs) in banks participating in the Deposit Guarantee Fund amounted to UAH 869.5B ($23B) for the month of June. This is UAH 30... #BankDepositsinUkraine #DepositGuaranteeFund
Ukrainian SMEs have ₴58 bln ($2.2 bln) in their accounts. Bank deposits held by Ukrainian SMEs grew by 9% year-on-year to ₴58 bln at the beginning of September, reported Opendatabot.com. This amount is the highest in the last past nine years. In 2012, sole p... #BankDepositsinUkraine #UkraineBanking
