Ukrainians' Deposits Increased to UAH 2.79 Trillion: What's Happening with Loans.

According to inkorr.com: As of August 2025, the total volume of deposits in Ukrainian financial institutions reached UAH 2.79 trillion, which is 2.3 times higher than loans amounting to UAH 1.23 trillion. Among these deposits, 53% belong to businesses, while 47% are held by households. More than a third of Ukrainians' savings are kept in foreign currency. This information is reported by

BorgExpert

Main Borrowers of Money in Ukraine

The growth rate of deposits has slowed down to 11% per year, while the volume of loans has increased by 15%. Loans in Ukrainian banks are showing a gradual recovery after the decline caused by the start of the full-scale war. Analysts note:

• The main borrowers are enterprises that received UAH 909.3 billion (74% of the total).

• The population borrowed UAH 316.1 billion, with loans for individuals growing the fastest — by 22% per year, compared to 13% for businesses.

• The total volume of loans increased by 15% compared to August 2024 and by 26% since July 2022, when banks significantly reduced lending volumes due to risks.

• The share of problem loans stabilized from the summer of 2023, allowing lending to grow 1.5 times for individuals and by 25% for companies.

In Which Currency Do Ukrainians Take Loans in 2025

Most loans are issued in UAH: 97% for individuals and 72% for businesses. Gross loans in foreign currency for Ukrainians account for only 3% (USD 239 million, or UAH 10 billion in equivalent), of which over 90% are non-performing. This is due to the risks of currency fluctuations and stricter bank requirements for such loans.

Distribution of Deposits Among the Population of Ukraine

Unlike loans, deposits are constantly accumulating, providing banks with liquidity:

• The total amount of deposits is UAH 2.79 trillion, of which businesses placed UAH 1.49 trillion (53%), and Ukrainians — UAH 1.3 trillion (47%).

• If at the beginning of the war deposits were growing by 30% annually, now it is only 11%, indicating caution in the economy.

• UAH deposits are steadily increasing, while foreign currency deposits decreased 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.

• The share of foreign currency deposits is 28% for businesses and 34% for citizens, meaning more than a third of Ukrainians' savings are in dollars or euros.

The structure of Ukrainians' savings has changed under the influence of the crisis. Since 2022, banks have shifted from lending to attracting deposits to maintain their stability. Foreign currency assets have become a 'safety cushion' for 34% of household deposits, while businesses aim to spread risks. According to the NBU, before the war, the share of currency was about 25%, but the war has increased trust in foreign currencies. Economists believe that this trend will continue if inflation exceeds 10%, prompting Ukrainians to prefer stable assets over UAH.