Deposits in Ukraine's banks in July up 2.4% in hryvnia, 5.8% in U.S. dollars

Bank deposits in the national currency in Ukraine in July 2020 grew by 2.4% from June 2020, to UAH 713.8 billion, or US$26.1 billion, while deposits in foreign currency rose by 5.8%, to US$17.7 billion, in the U.S. dollar equivalent.

Since year-start, bank deposits in hryvnias have increased by 11.4%, while those in foreign currency have also grown by 19.3%, according to the National Bank of Ukraine.

The balance of hryvnia loans in July increased by 0.7%, whereas it shrank by 0.4% in the seven months of 2020, to UAH 610.9 billion (US$22.3 billion), the regulator said.

Read alsoCentral bank in Ukraine buys US$223 mln on Aug 10-14The balance of foreign currency loans was 4.3% up in July, and it grew by 14.5% from January 1, 2020, to US$14.5 billion in the equivalent.

Bank deposits in 2019

• Deposits in the national currency for 2019 grew by 18.5%, to UAH 639.7 billion (US$23.4 billion)
• Foreign currency deposits in 2019 expanded by 28.5%, to US$17.2 billion, in the U.S. dollar equivalent.