As of August 2025, the volume of deposits in Ukrainian banks reached 2.79 trillion UAH, which is 2.3 times higher than loans of 1.23 trillion UAH. Businesses account for 53% of savings, while the population accounts for 47%. More than a third of Ukrainians' deposits are in foreign currency. This was reported by BorgExpert.
Who are the main borrowers in Ukraine
The growth rate of deposits slowed down to 11% per year, while loans increased by 15%. Loans in Ukrainian banks are showing gradual recovery after the decline at the beginning of the full-scale war. According to analysts:
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The main borrowers are enterprises, which received 909.3 billion UAH (74% of the total amount).
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The population borrowed 316.1 billion UAH, but it is the loans for Ukrainians that are growing the fastest — by 22% per year compared to 13% for businesses.
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The total volume of loans increased by 15% compared to August 2024 and by 26% since July 2022, when banks sharply reduced lending due to risks.
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The share of problem loans stabilized since the summer of 2023, allowing lending to grow by 1.5 times for individuals and by 25% for companies.
In which currency do Ukrainians take loans in 2025
The vast majority of loans are in hryvnias: 97% for the population and 72% for businesses. Currency loans for Ukrainians are minimal — only 3% (239 million USD, or 10 billion UAH equivalent), of which over 90% are non-performing. This is explained by the risks of currency fluctuations and stricter bank requirements for such loans.
What is the distribution of deposits among the population of Ukraine
In contrast to loans, deposits are constantly accumulating, ensuring liquidity for banks:
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The total amount is 2.79 trillion UAH, where businesses placed 1.49 trillion UAH (53%), and Ukrainians — 1.3 trillion UAH (47%).
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If at the beginning of the war deposits were growing at 30% per year, now — only at 11%, reflecting economic caution.
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Hryvnia deposits are steadily increasing, while foreign currency deposits fell by 15% in the first months of the invasion, but have already exceeded the level of July 2021: +21% for businesses and +10% for the population.
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The share of foreign currency deposits is 28% for businesses and 34% for citizens, meaning that more than a third of Ukrainians' savings are in dollars or euros.
The structure of Ukrainians' savings has evolved under the influence of the crisis. Since 2022, banks have shifted from lending to attracting deposits to support stability. Foreign currency assets have become a "safety cushion" for 34% of the population's deposits, while businesses diversify risks. According to the NBU, before the war, the share of foreign currency was lower — about 25%, but the war has increased confidence in foreign currencies. Economists predict that this trend will continue if inflation exceeds 10%, forcing Ukrainians to prefer stable assets over hryvnias.