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Ukrainians are depositing more money: individual deposits increased by ₴5.2B in August.

The yield on deposits in Ukraine is growing, and lending is recovering.

Pocket Watch and many euro notes superimposed

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 this amount, deposits in national currency amount to ₴718.5B, and in foreign currency – ₴396.5B. The share of entrepreneurs (FOP) in the structure of depositors as of September 1 was 3.1%, and their deposits amounted to ₴132.9B (11.9% of the total deposits).

At the beginning of the year, the total deposits of citizens and private individuals in Ukrainian banks amounted to ₴1.051 trillion. The increase for 2022 was ₴375.9B or 55.6%.

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