Ukrainian bankers don’t put their money on deposit for more than two months

12 May 2012 12:36  30912154 012512
Ukrainian bankers don’t put their money on deposit for more than two months

The number of long-term loans in Ukraine has reduced by 22 billion UAH, while the short-term loans increased by 30 billion last year. This pattern demonstrates unpredictability of the economic situation and unfavorable business climate. The president of the Association of Ukrainian Banks Oleksandr Sugonyako stated this in the television channel TVi, reports UKRINFORM.

One of the reasons for this uncertainty, according to Alexander Sugonyako, is parliamentary elections, but he does not deny that the actions of the administrative and legislative power do not add confidence in future.

His own funds the banker puts on deposit for a period of not more than two months, keeping them in different currencies, because he does not see how events will develop further.

Tags: Loans, deposits, banks

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