Diplomat says story about American neo-Nazi site in Russia became political show in USRussian Politics & Diplomacy August 18, 21:07
Putin, Medvedev honor memory of Sevastopol defendersSociety & Culture August 18, 20:02
Yeltsin’s limousine put up for sale for $332,495 in St. PetersburgSociety & Culture August 18, 19:46
Sambo wrestling should become trademark of Russian sports — security officialSport August 18, 18:38
Iran may start oil supplies to Russia within monthBusiness & Economy August 18, 18:31
Nord Stream 2 project will be implemented despite sanctions — energy ministerBusiness & Economy August 18, 18:29
Two killed in stabbing in Turku, FinlandWorld August 18, 18:15
Moscow and Ankara agree upon Turkish Stream landfallBusiness & Economy August 18, 18:11
Russia may lift agricultural restrictions from Turkey by October 20Business & Economy August 18, 18:04
KIEV, April 14. /ITAR-TASS/. Ukrainian citizens have started withdrawing their savings from bank accounts, Ukraine’s news portal Vesti said on Monday, referring to the latest statistics of the National Bank of Ukraine.
According to the official data, the volume of personal deposits in Ukrainian banks has decreased in March by 5.9% - about 26 billion Ukraine’s hryvnias ($2 billion). Personal deposits have decreased by 3%.
These developments are mainly connected with the escalation of political instability in the country and devaluation of Ukraine’s hryvnia.
In an attempt to improve the situation, Ukrainian banks are trying to attract depositors by raising interest rates. In general, interest rates on deposits in hryvnias have increased to 19.5%, reaching a 26% maximum in April. However, this interest rate increase deters part of the clients, specialists say.
Bankers note that the outflow of personal deposits may continue in April. People have less confidence in banks and prefer to save their money at home. Vesti data show that almost 100% of deposits are not returned to the banking system upon expiry.
It has been noted that the number of loans also decreased in March, while interest rates, which are already high enough, continued to grow. Experts say if deposit outflows continue, mortgage development and automobile loan promotion programs will possibly be scrapped.