Amount of deposits in Ukraine's banks in Aug 1.4% up in hryvnia, 1.6% down in U.S. dollars

The amount of bank deposits in the national currency in Ukraine in August 2020 grew by 1.4% from July 2020, to UAH 722.38 billion, or US$26 billion, while that of bank deposits in foreign currency shrank by 1.6%, to US$17.5 billion, estimated in the U.S. dollar equivalent.

Read alsoCentral bank keeps key rate at 6%Since the beginning of 2020, the amount of bank deposits in hryvnias has increased by 12.7%, while that of deposits in foreign currency has also grown by 17.3%, according to the National Bank of Ukraine.

Loans in Ukrainian banks

The amount due to be repaid on loans issued in hryvnias increased by 0.2% in August, whereas there was a 0.1% decrease in the amount in the eight months of 2020, to UAH 612.3 billion (US$22 billion), the regulator said.

The amount due to be repaid on loans issued in foreign currency was 0.3% up in August. It has grown by 12.5% since January 1, 2020, to US$14.7 billion, estimated in the U.S. dollar equivalent.

Bank deposits in 2019

• Deposits in the national currency in 2019 grew by 18.5%, to UAH 639.7 billion (US$23 billion).
• Foreign currency deposits in 2019 expanded by 28.5%, to US$17.2 billion, estimated in the U.S. dollar equivalent.