This is reported by RBK-Ukraine referencing data from the National Bank of Ukraine(NBU). Similar information is provided by Kontrakty.UA.
Bank Ratings by Deposits
According to the NBU, the state-owned PrivatBank had 24.0 million depositors holding 507 billion hryvnias. In second place is the state-owned Oschadbank with 13.0 million depositors and a total of 208.3 billion hryvnias, followed by the private Universal Bank with 9.0 million depositors and 100.4 billion hryvnias.
Next are banks from foreign banking groups: Raiffeisen Bank with 3.3 million depositors and 77.7 billion hryvnias, and Ukrsibbank with 2.3 million depositors and 62.1 billion hryvnias.
Deposit Rates and Currency
According to the NBU, as of December 1, 2024, there were 69.5 million deposits from citizens and individual entrepreneurs in 62 banks participating in the Deposit Guarantee Fund.
The majority of deposits were in the national currency: 59.2 million deposits totaling 866 billion hryvnias. There were 10.3 million deposits in foreign currency amounting to 481 billion hryvnias.
Deposit Interest Rates
According to the NBU, in November, the average interest rates for new deposits from citizens in hryvnias stood at 9.6% per annum. For foreign currency deposits, banks are offering only 1.0% per annum. However, throughout 2024, the dollar exchange rate has increased by 10.7%.
Inflation has already exceeded 10%, and the profitability of bank deposits has ceased to cover the rise in prices.