The rating agency "Standard-Rating" is added to the register of authorized rating agencies of NSMSC, certificate №8 from 10.04.2012

GRADUAL REDUCTION IN DEPOSIT RATES

30-06-2016

The population gradually pulls out the savings from under the mattress, and returns to the banks. But in order to provide the payment of interest the banks need to earn, and this is difficult considering the lending crisis in the country. As a result, the rates significantly decrease, especially in the national currency, a range of deposit programs, terms and currencies reduce, and some banks fully are abandoning deposits for individuals.

SDR-50 in national currency for the second quarter of current year (in the period from 30/03/2016 to 29/06/2016) has decreased by 0.67-0.89 p.p., in US dollars – by 0.35-0.37 p.p., and in euro by 0.23-0.30 p.p. At the same time, the maximum decrease in hryvnia rate on one of the presented banks has amounted to 4.0 p.p., US dollar rate – 3.5 p.p., and in euro – 3.25 p.p.  

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