Ukrainians were shown how the volumes of cash turnover in banks have changed over the year.

The volumes of cash turnover in banks in Ukraine increased over the year, reports the National Bank. In 2024, there was a recorded increase in the acceptance and issuance of cash through the banking system. The cash accepted was 2,819.3 billion hryvnias, which is 13% more, while the cash issued was 2,862.6 billion hryvnias, an increase of 12.5% compared to 2023.

Two factors influenced the growth of cash turnover. Firstly, positive economic trends led to an increase in salaries and social payments, which immediately reflected in the cash turnover in banks. In addition, uncertainty related to the war forced citizens to withdraw cash and create monetary reserves in case of possible attacks.

Positive economic trends led to an increase in salaries and social payments. In particular, cash turnover in banks exceeded the pre-crisis level of 2021 by 11%.

The uncertainty related to the war prompted citizens to withdraw cash. Especially, the growth is observed in fears of possible attacks on critical infrastructure.

The largest sources of cash receipts to the banks' cash registers were retail trade (31.0% of the total receipts), customer transactions using payment cards (23.0% of the total receipts), receipts from the sale of foreign currency (19.5% of the total receipts), and revenue from all types of services (12.8% of the total receipts).

Banks most often issued cash to their customers through transactions using payment cards (85.4% of the total expenditures), for postal operators (3.7% of the total expenditures), and for the purchase of foreign currency from clients (3.3% of the total expenditures).