The NBU is developing new solutions for currency liberalization. The central bank will work on reforms aimed at expanding incentives for businesses to attract capital to Ukraine, NBU Chairman Andriy Pyshnyy said. He explained that the logic behind currency liberali... #AndriiPyshnyi #CurrencyLiberalization #financeUkraine #investments #nbu
Banks forecast a rise in capital inflows from consumers and businesses. According to a survey of banking market players by the NBU, banks increased their customer acquisition and wholesale funding in the second quarter. The rise in the average cost of funding in the secon... #financeUkraine #nbu #UkraineEconomicForecast #UkrainianBanks
Piraeus Bank is a key player in managing pension assets. Piraeus Bank holds leading positions among providers of custodial services, professional custody of assets with clear mechanisms for control, reporting, and transparency for leaders in the non-state p... #CustodialServices #financeUkraine #NonStatePensionFunds #PensionReform #PiraeusBank #PiraeusBankUkraine
Ukrainians have accumulated a record amount of funds in banks. According to the latest data from the NBU, the total amount of funds deposited by individuals in bank accounts in hryvnia and foreign currency increased by 2.5% in June, reaching a record high of near... #BankDeposits #financeUkraine #ForeignCurrencyDeposits #HryvniaDeposits #InterestRate #nbu #UkrainianBanks
The EIB will provide €16M to Piraeus Bank in order to finance small and medium-sized enterprises in Ukraine. The European Investment Bank (EIB) will provide a partial portfolio guarantee of €16M to Piraeus Bank (Kyiv) under the EU4Business II program to expand financing for micro, small, and medium-sized ent... #EIB #EU4Business #financeUkraine #PiraeusBank #PiraeusBankUkraine #Ukreximbank #YannisKyriakopoulos
The Ministry of Finance raised approximately ₴240B from government bond sales in six months. In June 2025, Ukraine issued ₴37.1B ($880M) in bonds with the main purpose of these funds being security and defense. As of July 1, over ₴1.84T worth of government bonds were in circulation. The large... #BondSalesUkraine #financeUkraine #nbu #OVDP #UkraineBond #UkraineSecurities
The EBRD and IFC will support Ukrainian banks in commercial lending. The EBRD might offer state-owned Ukreximbank a guarantee of up to €50M to cover as much as 50% of the credit risk on a portfolio of new loans to small and medium-sized enterprises (SMEs) valued at up ... #BankLoans #ebrd #financeUkraine #ifc #oschadbank #PrivatBank #Ukreximbank
Business lending in Ukraine is poised for growth due to new tools. “This year has seen the emergence of new work areas. For instance, consortium lending enables funding for large-scale infrastructure projects. Banks, both private and state-owned, are collaborat... #BusinessLending #financeUkraine #LoansforBusiness #UkraineEconomy #UkrainianBanks
The NBU predicts a 20-25% increase in lending this year, with banks utilizing ₴1T in resources. As reported by Kateryna Rozhkova, Deputy Head of the National Bank, it is expected that bank loan portfolios will grow by approximately 20-25% this year, which would balance investments in government ... #financeUkraine #KaterynaRozhkova #Lending #LoansforBusiness #nbu #UkrainianBanks
In the second half of the year, bank lending rates may return to last year’s levels of 17-18% per annum. Under favorable economic conditions, rates on auto loans, loans for small and medium-sized businesses, and mortgages may align with the 2024 level: They are expected to decrease by an average of one p... #financeUkraine #InterestRate #LendingInUkraine #nbu #UkraineMonetaryPolicy #UkrainianBanks
The NBU will resume reductions in the key policy rate in the second half of the year. Members of the Monetary Policy Committee of the National Bank are considering the possibility of easing the interest rate policy in the second half of 2025. However, given the balance of risks, they a... #financeUkraine #InflationinUkraine #KeyPolicyRate #nbu #UkraineMonetaryPolicy
Ukrainian banks have earned almost ₴255B during the 3.5 years of war. According to the NBU, in the first quarter of 2025 the banking sector reported ₴40B ($955M) in profit, with state-owned banks, including PrivatBank, generating 65.7% of this amount. Last year, banks a... #financeUkraine #LoansUkraine #nbu #OVDP #UkraineBanksProfits #UkraineDeposits #UkrainianBanks
Ukrainians boosted their investments in hryvnia deposits and amassed a record amount of savings in May. The funds placed by individuals in bank accounts in both hryvnia and foreign currency increased by 0.8% in May to reach a record ₴1.266T. According to the NBU, since the beginning of the year the volu... #BankDeposits #financeUkraine #HryvniaDeposits #nbu #UkrainianBanks
For the first time in two years, the average number of microloans in Ukraine has decreased, but their amounts are 100% higher than at the beginning of the full-scale war. Since the start of 2025, Ukrainians have entered into more than 2.17 million agreements with microfinance organizations (MFIs) for a total of almost ₴13B. Microloans increased by 8%, but the average l... #ConsumerLending #financeUkraine #Microloan #UkrainiansDebt
Bankers and financiers assessed the sector’s stability as the best since 2021. The assets held by the non-banking financial sector increased by 4.6%. The heads of the largest banks and non-banking financial institutions reported positive evaluations of the current state and stability of the financial sector, noting its best condition since 2021. Me... #BankingUkraine #financeUkraine #InsuranceUkraine #nbu #UkraineEconomy
How does digitalization increase the efficiency and competitiveness of businesses in Ukraine? Piraeus Bank notes that introducing digital technologies into business processes enables automation, reduces costs, and enhances customer service. In wartime conditions, constant changes in the regula... #digitalization #financeUkraine #IoannisKyriakopoulos #MykhailoSerhienko #PiraeusBank #PiraeusBankUkraine #WinbankBusiness
Ukrainian Eurobonds have been among the worst performers in emerging market securities, as investors’ hopes for a ceasefire have not materialized. Those investing in Ukrainian dollar-denominated Eurobonds have lost more than 10% since the start of 2025, marking the worst performance among emerging markets, as the prospects for US President Trump... #DonaldTrump #Eurobond #financeUkraine #UkraineBond #ukrainedebt #UkraineSecurities
Business lending in Ukraine is on the rise, propelled by farmers and builders. The Banking Sector Review for Q1 2025 shows that banks are increasing the pace of business lending while also extending loans to the consumers. As a result, the growth of the net commercial hryvnia lo... #financeUkraine #Lending #LoansforBusiness #nbu #NPL #UkrainianBanks
In Ukraine, the share of NPLs is projected to fall to pre-war levels this year. In the first three months of 2025, the share of NPLs in the banking sector decreased to 28.6%, which is 1.7 percentage points lower than at the beginning of the year and 8.8 percentage points lower th... #financeUkraine #LoansUkraine #NonPerformingLoans #NPL #UkrainianBanks
More than a third of Ukrainian bank deposits are held in foreign currency, despite their lower profitability. According to the NBU, as of April 1 ₴1.392T was held in banks and protected by the Deposit Guarantee Fund (DGF). Since the start of the year, this amount has hardly changed (+₴0.6B). Meanwhile, in 60 ... #BankDeposits #DepositGuaranteeFund #financeUkraine #nbu #UkrainianBanks
Ukraine isn’t concerned about potentially missing a payment on GDP warrants, even with the risk of default. During a recent meeting with investors in London, Government Commissioner for Public Debt Management Yuriy Butsa emphasized that Ukraine will not hasten to restructure the 2015 government derivatives ... #DebtRestructuring #financeUkraine #GDPwarrants #nbu #UkraineSecurities
The NBU has eased currency restrictions to encourage foreign investment. The National Bank has launched a “stimulating currency liberalization” aimed at attracting foreign capital to Ukraine. Its essence is to create a mechanism that will encourage foreign inve... #CurrencyLiberalization #CurrencyRestrictions #financeUkraine #investments #nbu
Ukraine’s national energy company has reached an agreement to restructure its $825M green bond debt. NEC Ukrenergo has finalized an agreement to restructure the terms of its debt stemming from state-backed green sustainability-linked development bonds with a rate of 6.875% per annum, maturing in 2028... #DebtRestructuring #financeUkraine #UkraineBond #UkraineSecurities #Ukrenergo
Ukraine fails to reach an agreement on a $2.6B debt restructuring. On April 24, Ukraine announced that it was not able to negotiate an agreement with debt holders regarding the $2.6B connected with GDP warrants. Nevertheless, the Finance Ministry intends to continue ... #Creditors #DebtRestructuring #financeUkraine #GDPwarrants #imf #UkraineBond
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
Investors have lost hope for a quick resolution to the war in Ukraine. Last week, Ukrainian eurobond prices dropped below the levels they were at before last year’s US presidential election, erasing all of the gains made from the anticipation of a swift end to the ... #financeUkraine #TradeWar #UkraineBond #UkraineSecurities #UkraineStockMarket #WarinUkraine
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
Ukrainian financiers anticipate inflation to slow over the next year after reaching 13.4% in February. Consequently, according to the NBU, financial analysts in February 2025 maintained their inflation forecast at 7.8% for the upcoming 12 months. The public’s inflation expectations have improved ... #financeUkraine #hryvniadevaluation #InflationinUkraine #UkraineCurrencyRate #UkraineEconomicForecast #UkraineEconomy
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
Ukrainian individuals and businesses have boosted their investments in government bonds by 33%. According to the Ministry of Finance, as of March 1 over ₴1.84T in government bonds were in circulation, while the investment volume by legal entities and individuals for the year climbed by 33% to ₴2... #financeUkraine #GovernmentBonds #investments #OVDP #UkraineBond
To curb inflation, the NBU raised its key policy rate to 15.5%. The Board of the National Bank of Ukraine decided to increase the discount rate by one percentage point to 15.5% per annum and adjust the parameters of its interest rate policy framework. These decisi... #financeUkraine #InflationinUkraine #KeyPolicyRate #nbu #UkraineEconomicForecast #UkraineEconomy #UkraineMonetaryPolicy
Demand at primary government bond auctions has dropped to a low point. On February 18, the Ministry of Finance raised ₴249.42M for the state budget at an auction for domestic government bonds, which is ₴770.58M less than the previous week. These are the results from the ... #BondAuctionUkraine #BondSalesUkraine #financeUkraine #investments #OVDP #UkraineBond
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
Ukrainian bonds rise on hopes for a Trump peace plan. According to Bloomberg, Ukrainian dollar bonds have increased for five consecutive days, reaching new records as investors show optimism about a potential peace settlement. Specifically, bonds maturin... #financeUkraine #PeacePlan #UkraineBond #UkraineSecurities #Ukrenergo #WarEnding
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
Demand for loans in Ukraine is growing; banks are planning to ease standards for consumer loans and tighten them for mortgages. Banks remain optimistic about lending, note an increase in demand for corporate and consumer loans, and predict loan portfolio growth over the next 12 months, according to an NBU survey. According to ... #BankLoans #ConsumerLending #financeUkraine #LoansforBusiness #MortgagesUkraine #nbu
NBU: Commercial and consumer lending is trending up in Ukraine. In 2024, Ukrainian banks saw their net commercial loan portfolios grow by ₴65B (21%) and their consumer loan portfolios increase by ₴62B (39%), said Andriy Pyshnyy, Chairman of the NBU. According to h... #AndriiPyshnyi #CreditPortfolio #financeUkraine #LendingProgramsUkraine #nbu #NPL
The National Bank of Ukraine has raised the key policy rate to 14.5% per annum. The NBU increased rates on overnight certificates of deposit, three-month certificates of deposit, and refinancing loans by 1 percentage point – to 14.5%, 17%, and 17.5%, respectively. This decision a... #BankDepositsinUkraine #CurrencyMarket #financeUkraine #KeyPolicyRate #nbu
Ukrainians have increased their bank savings over the years. In 2024, hryvnia bank deposits increased by 15.8% (+₴257B) to ₴1.885T, and deposits in foreign currency increased by 4.2% (+$0.8B) to $20.1B, said Danylo Hetmantsev, Chairman of the Verkhovna Rada Com... #DanyloHetmantsev #financeUkraine #ForeignCurrencyDeposits #UkraineDeposits #UkrainianBanks
The National Bank continues easing currency restrictions: What has changed? Changes that ease currency restrictions in three areas came into force on December 21. This easing will support domestic producers and improve the conditions for doing business in Ukraine. At the same... #CurrencyMarket #CurrencyRestrictions #Energoatom #financeUkraine #nbu
How will the hryvnia exchange rate change against the dollar in 2025? The dollar exchange rate will grow moderately during 2025, the ICU investment company predicts. It is noted that the hryvnia exchange rate now depends entirely on the NBU’s vision of its optimal... #CurrencyMarket #dollarexchangerate #financeUkraine #foreignexchangemarket #Hryvnia #nbu
How much do loans for businesses and individuals cost in Ukraine? In November 2024, banks reduced loan rates, according to data from the National Bank of Ukraine. The average interest rate on new bank loans to individuals in the national currency were 33.8% per annu... #BankLoans #CreditPortfolio #financeUkraine #KaterynaRozhkova #LoansforBusiness #nbu
Ukraine’s international reserves increased by 9.1% in November to $39.92B. The National Bank explains that this dynamic is due, on the one hand, to significant volumes received from international partners and, on the other hand, to a decrease in the volume of net currency sa... #CurrencyMarket #CurrencySale #financeUkraine #internationalReserves #nbu #OVDP #UkraineDebtPayment
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
How strong will the hryvnia end the year against the dollar? In the last week of November, the NBU allowed the hryvnia to weaken to a new record low of ₴41.60 per $1, according to ICU. The total foreign exchange deficit last week increased due to increased dema... #DollarDemand #financeUkraine #foreignexchangemarket #Hryvnia #nbu
The hryvnia continues to weaken under the National Bank’s control. Last week, the National Bank kept the intervention volume below this year’s average weekly figure. It allowed the hryvnia exchange rate to weaken slightly. The market’s total foreign excha... #CurrencyMarket #financeUkraine #Hryvnia #hryvniaexchangerate #nbu
The NBU lifts some currency restrictions to support foreign trade and international technical assistance programs. On November 20, the National Bank made changes to currency restrictions. “On the one hand, the NBU eased several restrictions to support international cooperation in foreign trade and internatio... #CurrencyRestrictions #financeUkraine #nbu #UkraineForeignTrade
The hryvnia’s fate: Experts provide their forecasts. Bankers, households, and financial analysts expect the dollar to the hryvnia exchange rate to rise over the next 12 months. Banks predict that the exchange rate will be ₴44.92 per $1, which is higher ... #CurrencyMarket #financeUkraine #hryvniaexchangerate #HryvniaRating #nbu
Ukrainian OVDP increased by 12% in a month amid expectations that Trump will soon stop Russia’s war against Ukraine. Over the past month, Ukrainian sovereign bonds denominated in dollars have risen in price by 12%. Investors expect that the re-election of Donald Trump will lead to a ceasefire, and Ukraine will be ab... #DonaldTrump #financeUkraine #OVDP #ukrainebonds #UkraineSecurities
