Economy 2024-07-15T05:28:34+03:00
Ukrainian news
Population's Deposits With Banks Up 2.5% To UAH 883.6 Billion In November

Population's Deposits With Banks Up 2.5% To UAH 883.6 Billion In November

deposits, bank accounts, population deposits, bank deposits, population’s deposits in banks

The volume of funds placed by individuals on bank accounts in hryvnia and foreign currency, according to operational data, increased by 2.5% month over month to UAH 883.638 billion as of December 1 as against November 1.

Ukrainian News Agency has learned this from the data provided by the National Bank of Ukraine.

Since the beginning of the year, population’s deposits in banks have grown by 22.8% from UAH 719.418 billion.

In November, the hryvnia deposits with commercial banks rose by 2.4% to UAH 561.161 billion.

In November, the foreign currency deposits of the population in the hryvnia equivalent increased by 2.5% to UAH 322.477 billion.

In November, deposits of legal entities with Ukrainian commercial banks (both in the hryvnia and foreign currency) increased by 2% to UAH 854.105 billion.

The average interest rate on hryvnia deposits (average monthly) in November for legal entities decreased by 0.6 p.p. to 9.8%, and for individuals it increased by 0.8 p.p. to 10%.

The rate on foreign currency deposits for legal entities made 1.5%, and 0.7% for the population.

As Ukrainian News Agency earlier reported, in 2021, the funds deposited by individuals on accounts of commercial banks rose by 6.8% from UAH 674.718 billion to UAH 720.932 billion.

In 2020, the funds deposited by individuals on bank accounts rose by 24.5% from UAH 542.302 billion.

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