The National Bank recorded a growth of deposits

In June of this year, retail deposits grew by 0.4%, or 1.5 billion hryvnia. 
This is stated in the notice of the regulator. 

As noted, in May 2014, there was a reduction by 4.3%, or 15.8 billion hryvnia. 
According to the head of the National Bank of Ukraine Valeria Hontareva, despite the antiterrorist 
operation taking place in the east, the emotional stress in the deposit market has dropped 
significantly. 

"And that’s just the beginning. We expect a significant increase in the inflow of deposits in the 
banking system this month," – she added. 

The press service reported that depositors give preference to short-term hryvnia deposits. 
As of the end of June, the growth of balances on bank accounts of individuals was recorded in most 
regions of Ukraine. 

In some regions, such as Kherson, Kirovograd, Transcarpathian, Zhytomyr, individuals’ funds in bank 
accounts were growing at accelerated rates – 9.0%, 6.0%, 5.5% and 5.2% respectively. 
The outflow of deposits was recorded in Crimea and eastern regions, where ongoing hostilities 
prevent the activities of banks. 

"So, in most regions, the confidence in the banking system and the national currency is being 
gradually restored," – the notice states. 

The Ekonomichna Pravda

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