Deposits at Ukraine's banks in Feb exceed US$43 bln both in national, foreign currency

The balance of hryvnia loans in February alone increased by 0.4%.

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Bank deposits in the national currency in Ukraine in February 2020 grew by 1.5%, to UAH 659.9 billion, or US$25.5 billion, while deposits in foreign currency also showed growth, namely by 1%, to US$17.9 billion, in the U.S. dollar equivalent.

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Since the beginning of 2020, bank deposits in hryvnias have increased by 3%, while those in foreign currency have grown by 3.6%, according to the National Bank of Ukraine's website.

The balance of hryvnia loans in February expanded by 0.4%, whereas it shrank by 1.6% in the two months of 2020, to UAH 598.9 billion (US$23.2 billion), the regulator said.

The balance of foreign currency loans decreased by 1% in February, and it was 2.3% down from January 1, 2020, to US$14.8 billion in the equivalent.

As UNIAN reported earlier, the volume of bank deposits in the national currency in 2019 grew by 18.5%, to UAH 639.7 billion (US$24.7 billion), while deposits in foreign currency expanded by 28.5%, to US$17.2 billion, in the U.S. dollar equivalent.

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