Deposits in Ukraine's banks in April up 3.8% in hryvnia, down 4.9% in U.S. dollars

The balance of hryvnia loans in April alone shrank by 2.2%.

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Bank deposits in the national currency in Ukraine in April 2020 grew by 3.8% from March 2020, to UAH 657.8 billion, or US$24.6 billion, while deposits in foreign currency shrank by 4.9%, to US$17.31 billion, in the U.S. dollar equivalent.

Since the beginning of 2020, bank deposits in hryvnias have increased by 2.6%, while those in foreign currency have also grown by 13.9%, according to the National Bank of Ukraine's website.

The balance of hryvnia loans in April shrank by 2.2%, whereas it decreased by 0.5% in the four months of 2020, to UAH 610 billion (US$22.9 billion), the regulator said.

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The balance of foreign currency loans was 4.5% down in April, and it grew by 9.3% from January 1, 2020, to US$14.5 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 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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