Maintaining the discount rate level is necessary to develop lending and deposit programs. In autumn, against the background of increasing inflation, it will be essential to maintain the discount rate at 13% and the rate for 3-month deposit certificates at 16%, according to finance experts.... #DepositsInterestRate #financeUkraine #KeyPolicyRate #UkraineBankingSector #UkraineEconomy
Bankers share their forecast for deposit rates through the end of the year. By the end of the year, average rates on hryvnia deposits, depending on the term of the deposits, will remain at 14-14.5% per annum, predicts Globus Bank. It is noted that the average return on deposi... #DepositsInterestRate #financeUkraine #GlobusBank #nbu #UkraineDeposits
The profitability of consumer hryvnia deposits is falling due to a decrease in the discount rate. Since July 2023, the National Bank of Ukraine has reduced the discount rate twice in a row: from 25% to 22%, and then to 20%. Because of this, rates on hryvnia term deposits of individuals have begun ... #DepositsInterestRate #HryvniaDeposits #nbu #NBUinterestrate #OVDPselling
Interest rates on deposits in the national currency are rising in Ukraine. In June, after the NBU announced the possibility of lowering the key policy rate, rates on retail deposits of various maturities continued to grow. The weighted average rate on new consumer deposits i... #DepositsInterestRate #financeUkraine #HryvniaDeposits #nbu
The National Bank of Ukraine is considering reducing the key policy rate. According to the Monetary Policy Committee, the discount rate will decrease by 1-2% starting in July or September. As the National Bank’s press service reports, three Committee members saw room... #DepositsInterestRate #HryvniaDeposits #KeyPolicyRate #nbu
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 NBU says that interest rates on deposits will continue to rise. The head of the National Bank of Ukraine, Andriy Pyshnyi, announced this forecast, noting that the projected discount rate will be higher than the current level of banks’ deposit rates for a lon... #AndriiPyshnyi #DepositsInterestRate #nbu #UkraineDeposits
The interest rate for hryvnia deposits has increased and there is still room for growth. The maximum rate on national currency deposits for 12 months increased from 11.25% to 11.75% per annum. Banks are working hard to attract new depositors, ... #BanksUkraine #DepositsInterestRate #HryvniaDeposits
