Ukrainians continue to make active use of loans

12 September 2018, 16:50 | Finance and Banking
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The loan portfolio of Ukrainian banks in national currency in August grew by 2.3% to UAH 607.8 billion. This is evidenced by preliminary data of the "Monetary Statistics" for the past month.

As in previous months, banks actively worked with the population, as a result of which the volume of hryvnia loans to the population grew by 4% to UAH 126.2 billion.

The volume of business loans in hryvnia for August grew by 1.8% to 480.3 billion UAH, foreign currency - almost unchanged and amounted to $ 14.5 billion.

At the same time, the volume of hryvnia deposits in August decreased by 4.1% to 494.5 billion UAH.

Volumes of hryvnia business funds on accounts in solvent banks fell by 6.7% to UAH 242.3 billion, largely due to the payment of quarterly tax and other types of payments to the budget.

UAH hryvnia funds on accounts in solvent banks decreased by 1.3% to UAH 251.5 billion due to seasonal factors and worsening of exchange rate expectations.



In the context of increasing volatility in the currency market and the devaluation pressure on the hryvnia, the volume of foreign currency deposits increased: business - by 2.1% to $ 5.2 billion, the population - by 2.2% to $ 8.7 billion.

The cost of hryvnia loans and deposits for business has slightly increased, for the population - remained almost at the level of the previous month.

Interest rates on hryvnia deposits for business in August increased by 0.4%. up to 12.4%, on loans in national currency - increased by 1 ppt. up to 17,9% per annum. According to the materials of the Internet media.




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