Outflow of forex deposits from Ukrainian banks slows to below 1% in June – NBU

11:42, 08.07.2015 1 min read

The outflow of deposits in foreign currency from Ukrainian banks slowed to less than 1% in June, the National Bank of Ukraine (NBU) has reported on its website.

"As for forex deposits, we've almost come close to the point of stabilization. In June their outflow was below 1%. This is the best result in the past [several] months, therefore we expect growth in one or two months. We hope that banks will be able to strengthen their deposit portfolios by the end of the year," the report said, citing NBU Governor Valeriya Gontareva.

She also said that bank deposits in hryvnias have continued growing for the fourth month in a row.

"The amount of deposits in hryvnias has expanded by 1.9% since the beginning of June," she said at a meeting with the top managers of the 40 largest banks in Ukraine.