Deposits at Ukraine's banks shrink both in hryvnias and U.S. dollars in May

Bank deposits in the national currency in Ukraine in May 2019 fell by 0.6%, to UAH 542.8 billion (US$20.6 billion), while deposits in foreign currency shrank by 0.6%, to US$13.5 billion, in the U.S. dollar equivalent.

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Since the beginning of 2019, bank deposits in hryvnias have increased by 0.5%, while those in foreign currency have grown by 1.4%, according to the National Bank of Ukraine (NBU) website.

The balance of hryvnia loans in May shrank by 2.5%, whereas it fell by 2.2% from January to May 2019, to UAH 597.4 billion (US$22.6 billion), the regulator said.

The balance of foreign currency loans decreased by 1.7% in May, and it was 4% down from January 1, 2019, to US$15.9 billion in the U.S. dollar equivalent.

As UNIAN reported earlier, the volume of national currency deposits in Ukrainian banks in 2018 rose by 10%, to UAH 539.7 billion (US$20.4 billion), while foreign currency deposits fell by 2.4%, to US$13.4 billion.