January 31, 2024, 14:27

Since start of full-scale invasion, bank customer funds increase by over UAH 778 billion

Ukrainian banks’ funding is currently stable, and the amount of funds belonging to clients – legal entities and individuals – has increased by more than UAH 778 billion since the beginning of the full-scale invasion. At the same time, hryvnia deposits have increased by 64.4% since the beginning of the full-scale invasion.

Vasyl Furman, Deputy Chairman of the NBU Board, made this statement during a briefing at Media Center Ukraine – Ukrinform.

“The funding base of banks remains stable. Within almost two years of the war, since February 24, 2022, the volume of customer funds has increased by an equivalent of more than UAH 778 billion in all currencies, which includes the funds of both legal entities and individuals. And hryvnia deposits of the population have increased by 64.6% since the beginning of the hostilities. That is, people and businesses have trust in the banking system,” he said.

According to Vasyl Furman, lending indicators are growing, albeit slowly. Thus, according to him, net loans to the population increased by 22% in 2023.

The volume of mortgage lending also increased, in particular due to the loans under the eOselia program.

In 2023, net hryvnia loans saw a slight decrease of 1.5%.

Vasyl Furman also added that the trends of June-December last year showed an increase in corporate business lending.

Read more: https://mediacenter.org.ua/news