The confidence of Ukrainians to banks recovering

Доверие украинцев к банкам восстанавливается

Ukrainians have money in banks

National Bank reports a continuing trend towards increasing deposits in banks. Thus, an increase in the volume of foreign currency deposits of natural persons.

In March, the Ukrainians continued to increase hryvnia and foreign currency deposits. This reports the press service of the NBU, citing provisional data on Monetary statistics for March.

“Overall for the month the total deposits portfolio in national currency in solvent banks increased moderately by 0.4% or UAH 1.9 billion to 484.2 billion UAH”, – stated in the message.

It is noted that for the month balances of hryvnia deposits in solvent banks grew by 1.0%.

According to the regulator, this was facilitated by the increasing incomes and the growth of attraction of deposits in national currency on the background of strengthening of the hryvnia. The volume of corporate deposits in the national currency remained almost at the level of the previous month.

In foreign currency (in dollar equivalent) to solvent banks saw an increase in retail deposits, and a decrease of accounts of legal entities.

“The total loan portfolio of banks in national currency at the end of March increased by 0.3% compared with February – up to 581,8 billion. Banks continued to increase hryvnia loans (the increase for the month was 1.4%), while portfolio of loans to the corporate sector remained at the level of the previous month”, – said the NBU.

Earlier it was reported that in March, the Ukrainians five times increased the sale of foreign currency. The banks sold the public currency to the equivalent of $715,8 million and bought for $820,7 million

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