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resolution of failed banks. Deposit Guarantee Fund was established in 1998 when the President of Ukraine signed the Decree «On Measures to Protect the Rights of Physical Persons as Depositors of Commercial Banks in Ukraine» which provided for the reimbursement of the deposits to the commercial banks at the amount of UAH 500.00. Click to Play!

Unicredit Bank Ukraine Deposit. Ukrsotsbank 1 Year Term Deposit. Rate indicated is based on the Capital product for deposits of 300 000.01 + +Follow. 15.00% 1 year: Apply Click to Play!

This change is the first to have taken place since on September7th 2018, when the Central Bank lowered interest rates by 0.5 percentage points to 18%. Here we show you the progression of interest rates in Ukraine. You can see interest rates in other countries in interest rates and see all the economic information about Ukraine in Ukraine economy. Click to Play!

24.04.2019 Procurement of the National Bank of Ukraine is Competitive, Open, and Transparent 23.04.2019 NBU to Transfer UAH 64.9 Billion Profit to State Budget in 2019 23.04.2019 Central Bank Communications: From Mystery to Transparency. Click to Play!

Ukraine Guarantees Deposits of All State Banks: Who Will Pay?

Hi ODED_HOFEN and welcome to Ukraine forum!. With full responsibility I can only say "none". Ukraine is a high risk country (hence high risk premiums paid here), and these are not the best times for our economy and financial system - many banks face deposits withdrawal, asset quality deterioration, shareholders' apathy etc.
There are three risks. The first, and foremost is that the bank you are investing in will go bankrupt. Ukraine probably does not have any Federal Deposit Insurance, and you will lose all your money.
Bank deposits in the national currency in Ukraine in May 2019 fell by 0.6%, to UAH 542.8 billion (US$20.6 billion), while deposits in foreign currency shrank by 0.6%, to US$13.5 billion, in the U.S. dollar equivalent.

Ukraine bank closures in Crimea hit residents

Ukraine Guarantees Deposits of All State Banks: Who Will Pay? Bank deposits in ukraine

NO ! Because my Dear Friend average Interest Rate as per Central Bank Of Ukraine [1] For $ (I assume US dollars) is 6.61 % Per Annum for 3 months term as of Today.
Calculation has conditional character and shows the general picture of amount of profit at the certain deposit terms. Detailed information about the method of rates calculating displayed on page Deposits
1. Ukraine* Advantages: The ability to say you lost your money in an exotic country Disadvantages: Bank instability, currency instability, sovereign instability. If you’re willing to put up with the hassles of banking in Ukraine, you can avail yourself of some of the highest bank interest rates on the planet.

Ukraine Guarantees Deposits of All State Banks: Who Will Pay?

bank deposits in ukraine
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Oschadbank is the only Ukrainian bank where the deposits and other valuables of citizens are fully guaranteed by the state by law. The Bank has confirmed its status of the stable financial institution; its economic potential empowers it to meet all its liabilities.

bank deposits in ukraine Ukraine Guarantees Deposits of All State Banks: Who Will Pay for Privatbank Debts?
Editorial Team January 6, 2017On December 20, 2016, the Ukrainian Parliament urgently adopted draft mobile casino phone bill deposit of Ukraine 5553, which introduces state guarantees of all the deposits of individuals in state banks.
It is being signed by the President of Ukraine and bank of bank swift come into force on the next day upon its publication.
As a general rule, individual mobile casino phone bill deposit with all Ukrainian banks are guaranteed by the Deposit Guarantee Fund of Ukraine up to the amount of UAH 200,000.
The exception is the state-owned Oschadbank, which is not part of the Deposit Guarantee Fund of Ukraine and deposits of its individual clients are guaranteed by the state in full.
There are now three 100% state-owned banks in Ukraine: Oshchadbank, Ukreximbank and Privatbank.
Unfortunately, Ukrainian mobile casino phone bill deposit does not provide a practical mechanism to refund of individual deposits; neither is there a lawful source of compensation for such deposits.
For this reason, the source of state compensation of deposits will be money from the national budget.
During the last two years, the National Bank of Ukraine removed around 38% of banks from the market.
According to an October 2016 NBU report, 52,24 % of all loans of Privatbank were ranked as 3rd-5th risk category 3rd group — essential risk group, 4th group — high-risk group and 5th group — realized risk group.
The nationalization of Privatbank debts and state guarantees of all the private deposits of state banks may lead to bank deposits in ukraine and unbalance in the banking sector.
You are in the blog section of website.

Ukraine: Protesters rally outside National Bank after losing deposits to bankrupt banks

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Bank deposits in the national currency in Ukraine in March 2019 fell by 1%, to UAH 539.4 billion (US$20.2 billion), while deposits in foreign currency shrank by 0.7%, to US$13.4 billion, in the U.S. dollar equivalent.


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Total 14 comments.