Currency deposits at Ukrainian banks on rise for the first time in two years

Foreign currency deposits at Ukrainian banks in September 2015 were on the rise for the first time since July 2013, having posted a 1.4% increase to $15.1 billion.

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The amount of bank deposits in the Ukrainian hryvnia grew by 3.4% over the period under review, to UAH 367.7 billion, the National Bank of Ukraine reported.

Bank deposits in the hryvnia expanded by 0.5% January through September 2015, while those in foreign currency shrank by 22.2%.

The balance of hryvnia deposits in September was 0.5% up, whereas it has declined by 9.4%, to UAH 492.3 billion since the beginning of the year.

The balance of foreign currency deposits in September shrank by 0.2%, whereas it has decreased by 14.9% since the beginning of the year, to $25.5 billion.

As UNIAN reported, the amount of hryvnia deposits at Ukrainian banks in August 2015 grew by 0.1%, to UAH 356.2 billion, while the amount of bank deposits in foreign currency fell by 2%, to $14.9 billion.

In 2014, bank deposits in the national currency shrank by 13.7%, to UAH 364.5 billion, those in foreign currency posted a 37.2% decline, to $19.4 billion.

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