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Banks' deposit outflow from individuals slows to UAH 1.5 bln in April

Banks' deposit outflow from individuals slows to UAH 1.5 bln in April

7 May 2009

The outflow of individuals’ deposits in Ukrainian banks slowed to UAH 1.5 bln in April, vs. UAH 4.9 bln in March, the Economy Ministry said via Interfax. Hryvnya-denominated deposits decreased 0.6% mom, or by UAH 500 mln – vs. by 2.4% mom in March, or by UAH 2.4 bln. The Economy Ministry also said the volume of loans to individuals shrank in April, by 1.7% (down 6.7% since the beginning of the year).

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