16:07 17.01.2018

Money stock in Ukraine 6.9% up in Dec 2017 - NBU

2 min read
Money stock in Ukraine 6.9% up in Dec 2017 - NBU

Money stock in Ukraine in December 2017 increased by 6.9%, to UAH 1.208 trillion, the relevant preliminary data of monetary statistics have been posted on the website of the National Bank of Ukraine (NBU).

According to the central bank, the corresponding dynamics is due to the growth of cash in circulation outside banks by 7.5%, to UAH 333.504 billion, and ending stock on deposits by 6.7%, to UAH 873.87 billion.

In general, since the beginning of the year money supply has increased by 9.5%.

The loan portfolio of banks in December increased by 2.9%, to UAH 1.016 trillion. At the same time, the volume of loans in the national currency rose by 3.3%, to UAH 569.97 billion, in foreign currency by 0.8%, to UAH 446.37 billion.

Since the beginning of the year, the loan portfolio of banks has increased by 1.9%. At the same time, in the national currency it rose by 13.1%, while in foreign currency decreased by 9.6%.

According to the NBU, the cost of hryvnia loans for businesses last month increased by 0.5 percentage points, to 15.8% per annum, foreign exchange by 0.2 percentage points, to 6.6% per annum.

In general, for the year the cost of loans for corporate borrowers in the hryvnia decreased by 0.9 percentage points, in foreign currency by 2.2 percentage points.

The cost of hryvnia loans for the population increased by 2.3 percentage points in December, to 30.4% per annum, in foreign currency by 0.4 percentage points, to 8.9% per annum.

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