According to the National Bank, most often Ukrainians choose deposits in the national currency. Thus, at the beginning of the year there were 57.9 million such deposits in banks.
Ukrainian citizens, despite the full-scale war with Russia and the precarious situation of the economy, continue to trust banks. This is also evidenced by statistics: as of the beginning of 2024, Ukrainians kept 1 trillion 234.8 billion hryvnia in the banks of the Deposit Guarantee Fund (DGF). This is evidenced by data from the National Bank of Ukraine (NBU).
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Thus, according to the NBU, on January 1, 2024, there were 67.7 million deposits in 63 participating banks of the Deposit Guarantee Fund. It is noteworthy that most often the population made deposits in national currency: 57.9 million deposits for 796 billion hryvnia. As of the 1st day of the new year, deposits in foreign currency were 9.8 million for a total amount of 438 billion hryvnia.
In which banks do Ukrainians keep money?
It is known that citizens trust the state-owned PrivatBank, since this institution has deposits from the population amounting to 464.1 billion hryvnia. In total, the bank has just over 24 million depositors.
Another 12.8 million depositors trusted Oschadbank, the amount of deposits in which amounts to 192.7 billion hryvnia. Also among the leaders in terms of deposits is a private bank – “Universal Bank” with 8 million depositors with an amount of 85.5 billion hryvnia.
Next come the banks of foreign banking groups:
- “Raiffeisen Bank”: number of depositors – 3 million, amount of deposits – 85.5 billion hryvnia;
- “Ukrsibbank”: the number of depositors is 2.1 million, the amount of deposits is 58.8 billion hryvnia.
Let us note that the National Bank recently reported that in January 2024, the population sold cash and non-cash currency to commercial banks for $1.282 billion (in equivalent), and bought for $2.386 billion. As the NBU noted, in the first month of 2024, Ukrainians bought a record amount of currency over the past 11 years.
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It was also reported that the NBU introduced a temporary possibility of non-cash exchange of funds of clients of financial institutions in Russian or Belarusian rubles