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Daily Insight-July deposits, second tranche of VAT bond in spotlight

Name: 30/08/2010. ICU: Daily Insight-July deposits, second tranche of VAT bond in spotlight
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

30/08/2010 | ICU

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The banking system continues to gain the people\'s confidence, along with their savings, and the 18.4% YoY growth in the total volume of deposits in July is the best indication of this. Banks gain most from households\' savings (up 24%), while corporate deposits grew only 9.8% YoY. But, the growing resource base of Ukraine\'s banking system has not yet stared to translate this into increased credit flow to the economy.

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