Deposits in Ukraine's banks in June up 4% in hryvnia, down 1.

The balance of hryvnia loans in June alone increased by 0.3%.

Photo from UNIAN

Photo from UNIAN

Bank deposits in the national currency in Ukraine in June 2020 grew by 4% from May 2020, to UAH 699.1 billion, or US$26 billion, while deposits in foreign currency shrank by 1.4%, to US$17.3 billion, in the U.S. dollar equivalent.

Read alsoUkrainian banks lower deposit rates

Since the beginning of 2020, bank deposits in hryvnias have increased by 9.1%, while those in foreign currency have also grown by 12.6%, according to the National Bank of Ukraine's website.

The balance of hryvnia loans in June increased by 0.3%, whereas it shrank by 1.8% in the six months of 2020, to UAH 606.1 billion (US$22.5 billion), the regulator said.

The balance of foreign currency loans was 0.4% down in June, and it grew by 7.6% from January 1, 2020, to US$14.28 billion in the equivalent.

As UNIAN reported earlier, the volume of bank deposits in the national currency in 2019 grew by 18.5%, to UAH 639.7 billion (US$23.8 billion), while deposits in foreign currency expanded by 28.5%, to US$17.2 billion, in the U.S. dollar equivalent.

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