NBU: Ukrainians are taking the "under-the-mattress" savings to the banks

18 November 2013 10:39  2151123 051886
NBU: Ukrainians are taking the "under-the-mattress" savings to the banks

For 10 months of the current year the amount of hryvnia deposits increased by 60.9 billion UAH, while currency have increased by 3.8 billion.

This was announced by the director of foreign exchange reserves management and implementation of open market operations of NBU Olexandr Dubyhvist writes "Ukrainska Pravda" , referring to ΖΝ.UA .


Bank representative said that in September-October of 2012 the growth of the deposit base of the banks was due to purely currency deposits, while in the current year 92% of the increase in deposits are realted to hryvnia deposits.

Moreover, according to Dubyhvist from 1 January 2010 the amount of foreign currency loans decreased for more than 100 billion UAH and now they are about 71 billion.

"Thus, the risk of individuals has decreased in 2.5 times as well as the risk of the banking system. This indicates that the system has become more stable, "- said the director of the management of foreign reserves and the implementation of open market operations of the NBU.

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