17 January 2023, Tuesday, 10:01 213

Population’s deposits with banks up 5.4% to UAH 929.9 billion in December

Editor: Roman Vaniyan

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As of January 1, according to the latest data, the amount of funds deposited by individuals in hryvnias and foreign currency with banks increased by 5.4% month over month to UAH 929.881 billion.

This follows from a statement by the National Bank, the Ukrainian News agency reports.

In 2022, population’s deposits with banks increased by 29.3% from UAH 719.418 billion.

Population’s hryvnia deposits with banks increased by 6.4% to UAH 596.053 billion in December.

At the same time, the amount of foreign currency deposits of the population in the hryvnia equivalent increased by 3.5% to UAH 333.828 billion in the reporting month.

Deposits of legal entities (hryvnia and currency) in December increased by 6.8% to UAH 909.126 billion.

The average interest rate on hryvnia deposits (monthly average) in December for legal entities increased by 0.9 percentage points to 10.7%, for individuals - by 0.6 percent to 10.6%.

The interest rate on currency deposits for legal entities was 1.4%, and for the population - 0.6%.

As the Ukrainian News agency earlier reported, in 2021, public deposits in banks increased by 6.8% from UAH 674.718 billion to UAH 720.932 billion.

In 2020, population deposits in banks increased by 24.5% from UAH 542.302 billion.