NBU elaborates on deposits in banks both in national and foreign currency

The balance of hryvnia loans increased by 0.6% in the first month of 2021.

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Bank deposits in the national currency in Ukraine in January 2021 shrank by 1.4%, to UAH 825.3 billion (US$29.86 billion), while deposits in foreign currency grew by 0.8%, to US$17.68 billion, in the U.S. dollar equivalent.

The balance of hryvnia loans increased by 0.6% over the period under review, to UAH 599.4 billion (US$21.7 billion), according to the National Bank of Ukraine (NBU) website.

The balance of loans in foreign currency declined by 0.8% in the first month of 2021, to US$12.2 billion.

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Background

  • The volume of bank deposits in the national currency in Ukraine in 2020 rose by 30.7%, to UAH 838 billion (US$30.3 billion, while that of deposits in foreign currency expanded by 20.4%, to US$17.46 billion.
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