The credit boom also will not, says analyst
While in Ukraine , a growing number of people who keep money in banks, the financial institutions is less incentive for price competition for deposits. Therefore, the rate for deposits in the national currency will fall. This forecast was voiced by the financial analyst at the ICU group Mykhailo Demkiv, reports Minfin.com.ua.
The expert believes that by the end of 2020 the rate of annual deposits in the national currency will, on average, 10-10,5%, and in 2021-m percentages are even lower.
“In 2021, the Ukrainians will have to get used to living in conditions of interest rates on deposits of less than 10% in local currency, which has not happened before,” – said demo.