The growth of bank deposits creates a prerequisite for lending stabilization of, deputy director of the NBU monetary policy department Oleksandr Arsenyuk said during the round table "Ukraine’s banking system 2013", ForUm correspondent reports.

According to the financier, for 10 months of 2012 the volume of deposits in Ukraine has grown by 8.2% up to 529.46 billion UAH. "Hryvnia deposits portfolio has increased by 5.3%, foreign currency - by 12.3%. As of November 1, 2012, the share of hryvnia deposits was 55.9%," Arsenyuk said.

He said that in January-October, deposits grew by 14.5% to 351.936 billion UAH.

"This is a higher rate than in 2011, when the increase was 13.1%. National currency deposits portfolio grew by 11.1%, foreign currency - by 18%. As of November 1, the share of national currency deposits was 49.9%," the expert concluded.

 

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