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
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
Ukrainians are building up hryvnia savings in bank accounts. In July, the amount of funds in household hryvnia accounts temporarily decreased, but at the beginning of August, they recovered and continued to grow without affecting the banking system’s fina... #financeUkraine #HryvniaDeposits #nbu #UkraineBankingSystem
Ukrainians’ interest in hryvnia assets is weakening. In June, for the first time in a long time, there was a reduction in the volume and share of hryvnia time deposits in the banking system despite maintaining positive rates in real terms. The Committee... #financeUkraine #HryvniaAssets #HryvniaDeposits #nbu #OVDP #UkraineBond
Deposit yields in Ukraine continue to fall, but loan rates are also falling. In June, the average interest rates on new hryvnia consumer deposits amounted to 10.8% per annum, 0.2 percentage points lower than a month ago, according to the National Bank. Interest rates on new de... #BankLoans #Depositrates #financeUkraine #ForeignCurrencyDeposits #HryvniaDeposits #nbu #UkraineDeposits
Ukrainians are increasing their bank account deposits, leading to a ₴31.3B increase in five months. Since the beginning of 2024, the increase in consumer deposits amounts to ₴31.3B, the Deposit Guarantee Fund reported. In particular, it is clarified that as of June 1 the total amount of deposits bel... #BankDepositsinUkraine #financeUkraine #HryvniaDeposits #UkrainianBanks
These are the main trends in Ukraine’s bank deposits. According to financiers, the decreasing yields on hryvnia deposits will continue until the end of May. However, despite this, hryvnia deposits remain attractive to citizens due to their passive income... #financeUkraine #ForeignCurrencyDeposits #HryvniaDeposits #nbu
Bankers predict a yield decrease for hryvnia deposits at the end of April. At the beginning of April, rates on hryvnia deposits will remain stable. However, from the second half of the month, we should expect a slight drop in profitability, said Dmytro Zamotayev, director of... #BankDepositsinUkraine #DmytroZamotaev #financeUkraine #GlobusBank #HryvniaDeposits
In February, hryvnia bonds were 50% more profitable than bank deposits. According to the Ministry of Finance, last month the weighted average yield of hryvnia government bonds amounted to 17.32%, while the Ukrainian rate index for consumer deposits was only 11.34%. The an... #BankDepositsinUkraine #financeUkraine #HryvniaDeposits #UkraineBond
Bankers are predicting an increase in the yield of hryvnia deposits in Ukraine. In March, the rates on stock hryvnia deposits, depending on the term of placement of funds, may reach 17% per annum, predicts the top manager of Globus Bank, Dmytro Zamotaev. He specified that until t... #financeUkraine #GlobusBank #HryvniaDeposits #KeyPolicyRate #nbu #UkrainianBanks
Ukrainians have begun withdrawing money from banks, and the volume of deposits decreased for the first time in a year and a half. Consumer deposits in Ukrainian banks decreased by 2.1% to ₴2.35T in January of this year. A decline was recorded for the first time since August 2022. According to the NBU, household deposits decrease... #DanyloHetmantsev #financeUkraine #HryvniaDeposits #nbu #UkraineDeposits
Bank loans for Ukrainians are becoming more expensive, but the profitability of deposits is decreasing. According to the NBU, the national currency’s average interest rates on new consumer loans in January 2024 amounted to 34.6% per annum. The hryvnia’s nominated loan rates increased by 0.9 ... #BankDepositsinUkraine #BankLoans #CreditPortfolio #financeUkraine #HryvniaDeposits #nbu
In Ukraine, the yield on deposits has increased, but loans have become more expensive. In December 2023, the average bank interest rate on new consumer hryvnia deposits amounted to 11.7% per annum. A year ago, the figure was 8.2%, NBU data shows. Rates on new consumer deposits in forei... #BankDepositsinUkraine #financeUkraine #HryvniaDeposits #LoansUkraine #nbu
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
Ukrainians increased their cash savings by $8B. Foreign currency remains the preferred form of savings for Ukrainians. Since the beginning of 2023, the volume of cash foreign currency belonging to citizens and businesses has increased by $8B, said ... #BohdanDanylyshyn #CashCurrency #CurrencySale #financeUkraine #HryvniaDeposits
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
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
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
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
Ukrainians are not afraid to take their money to the bank; there are already UAH 2T in deposits. As of May, the total deposit volume of Ukrainian businesses and consumers is UAH 1.97T, 33% more than last year and almost 50% more than in 2021, reported Opendatabot. The commercial deposit amount is... #BankLoans #CreditPortfolio #HryvniaDeposits #UkraineDeposits
At the end of the year, Ukrainians deposited UAH 47B in banks. The deposit portfolio grew in December, as it had in previous months. According to the National Bank, Ukrainians deposited almost UAH 35.9B into bank accounts. At the end of 2022, the hryvnia portfoli... #HryvniaDeposits #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
