The volume of hryvnia deposits of citizens in banks in February 2024 increased by 2.2% to 706 billion hryvnia, almost to the level of the beginning of the year (711 billion hryvnia). This was reported by RBC-Ukraine with a link to NBU data.
► Subscribe to the Ministry of Finance page on Facebook: main financial news
What is happening with deposits
In this way, Ukrainians returned the money they withdrew in January.
Read: Minus 18.8 billion for January: why people are withdrawing deposits
< h3>What's with the rates
According to the NBU, average rates on citizens' deposits in hryvnia in February decreased from 11.7% to 11.4%.
Recall
In February, the head of the Verkhovna Rada of Ukraine committee on finance, tax and customs policy, Daniil Getmantsev, said that deposits citizens in hryvnia allegedly decreased by 51.3 billion hryvnia in January.
According to Getmantsev, such a reduction could have been caused by “a certain negative effect” associated with the norms of the bill on mobilization.
However, Deputy Managing Director of the Deposit Guarantee Fund Olga Bilay stated that the slight outflow of deposits is not a consequence of possible legislative changes, but a traditional seasonal phenomenon.
In addition, the head of the NBU Andrey Pyshny said that the messages of Russian propaganda and Ukrainian speakers about the alleged outflow of Ukrainians' funds from hryvnia bank accounts due to the mobilization bill do not correspond to reality.
