A record outflow of funds from bank accounts was recorded in Ukraine

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In January 2024, Ukrainians withdrew 27.4 billion hryvnia (about $700 million) from their accounts; This is a record since the beginning of the special operation. This was reported by the Ukrainian publication “Strana”, citing data from the National Bank of Ukraine.

This is the maximum outflow of money from bank accounts since February 24, 2022. For comparison, in May last year the volume of withdrawn funds reached 987 million hryvnia ($25 million).

Overall, deposits of individuals in Ukraine decreased by 2.5% in January. In addition, deposits of legal entities decreased by 1.7 percent, amounting to 570 million dollars. The total deposit volume of Ukrainians is currently estimated at 1.05 trillion hryvnia ($26 billion).

The publication also notes that Ukrainians have become more active in taking out loans and increasing credit card limits for current expenses and living needs. According to the Central Bank’s January 2024 report, loans to individuals in banks increased by 2.3%, reaching 4.9 billion hryvnia ($128 million), and the total loan portfolio reached 215.5 billion hryvnia ($5.65 billion). .

Before that the National Bank of Ukraine said On measures to combat tax evasion.

Formerly National Bank of Ukraine elongated non-cash ruble exchange.

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