Hryvnia deposits are growing: the head of the NBU told how Ukrainian banks function in a war

The NBU had prepared work plans in case of war.

It is thanks to this that the Ukrainian banking system has survived, and hryvnia deposits continue to grow.

This was announced in a column on NV by the head of the NBU, Kirill Shevchenko.

“Prearranged plans for uninterrupted work allowed banks and the NBU to quickly switch to work in war conditions. The temporary restrictions introduced in the first hours of the war, support for banks by the National Bank and the existing safety margin made it possible to maintain financial stability. As a result, 76% of branches of systemically important banks are now banks are operating, their number is increasing Since the beginning of the war, the liquidity of banks has increased by UAH 72 billion to more than UAH 230 billion Thanks to the preservation of confidence in banks, hryvnia deposits of the population in the banking system are increasing despite the war (from February 24 to April 29, the growth was 20%)” Shevchenko wrote.

The head of the NBU added that due to the margin of safety and support from the central bank, the banking system will be able to continue to withstand the challenges of war.

“Now the NBU and banks are constantly updating plans for uninterrupted work, given the very rapidly changing map of hostilities,” Shevchenko explained.

Recall that in Kiev there was an acute shortage of fuel . Due to the lack of gasoline at gas stations, drivers even try to buy at least a few liters online to get home.

Read also:

Related Posts

Property Management in Dubai: Effective Rental Strategies and Choosing a Management Company

“Property Management in Dubai: Effective Rental Strategies and Choosing a Management Company” In Dubai, one of the most dynamically developing regions in the world, the real estate…

In Poland, an 18-year-old Ukrainian ran away from the police and died in an accident, – media

The guy crashed into a roadside pole at high speed. In Poland, an 18-year-old Ukrainian ran away from the police and died in an accident / illustrative…

NATO saw no signs that the Russian Federation was planning an attack on one of the Alliance countries

Bauer recalled that according to Article 3 of the NATO treaty, every country must be able to defend itself. Rob Bauer commented on concerns that Russia is…

The Russian Federation has modernized the Kh-101 missile, doubling its warhead, analysts

The installation of an additional warhead in addition to the conventional high-explosive fragmentation one occurred due to a reduction in the size of the fuel tank. The…

Four people killed by storm in European holiday destinations

The deaths come amid warnings of high winds and rain thanks to Storm Nelson. Rescuers discovered bodies in two separate incidents / photo ua.depositphotos.com Four people, including…

Egg baba: a centuries-old recipe of 24 yolks for Catholic Easter

They like to put it in the Easter basket in Poland. However, many countries have their own variations of “bab”. The woman’s original recipe is associated with…

Leave a Reply

Your email address will not be published. Required fields are marked *