More than a third of Ukrainian bank deposits are held in foreign currency, despite their lower profitability.
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More than a third of Ukrainian bank deposits are held in foreign currency, despite their lower profitability.
According to the NBU, as of April 1 ₴1.392T was held in banks and protected by the Deposit Guarantee Fund (DGF). Since the start of the year, this amount has hardly changed (+₴0.6B). Meanwhile, in 60 banks participating in the DGF, there were 70.4 million deposits from citizens and individual entrepreneurs, with more than a third of these deposits (35.9%) denominated in dollars and euros. However, most deposits are in the national currency: 60 m…
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