(KYIV, UKRAINE) – Total deposits held by individuals in Ukrainian banks reached 1,749.2 billion hryvnias as of 1 July 2026, an increase of 131.5 billion hryvnias from the start of the year, as confidence in the banking system held firm through the first half.
Data released by the Deposit Guarantee Fund of Ukraine showed that the overall deposit figure rose by 48.6 billion hryvnias in June alone, compared to the previous month. The total includes deposits from individual entrepreneurs as well as private individuals.
At the current official exchange rate of approximately 41 hryvnias to the US dollar, total deposits amount to around $42.7 billion (roughly £33.5 billion or €39.1 billion). The half year increase of 131.5 billion hryvnias represents approximately $3.2 billion (around £2.5 billion or €2.9 billion).
Deposits held in the national currency stood at 1,156.9 billion hryvnias, having grown by 39.5 billion hryvnias during June 2026. Foreign currency deposits totalled 592.4 billion hryvnias, with a monthly increase of 9.2 billion hryvnias in June.
The share of individual entrepreneurs among depositors stood at 3.2 percent as of 1 July 2026. However, their share in the total deposit amount rose to 11.7 percent, with their combined deposits reaching 204.1 billion hryvnias, equivalent to roughly $5 billion (around £3.9 billion or €4.6 billion).
Short term placements continue to dominate the deposit structure. Deposits with a maturity of up to three months accounted for the largest share at 17.26 percent. Deposits from three to six months represented 7.06 percent, those from six months to one year made up 3.71 percent, and deposits exceeding one year held a share of just 0.68 percent.
The distribution of individual deposits among banks grouped by the National Bank of Ukraine showed state owned banks holding the largest portion at 60.22 percent. Privately owned banks held 22.26 percent of individual deposits, while banks belonging to foreign banking groups accounted for 17.52 percent.
The Deposit Guarantee Fund also reported that it paid out 18 million hryvnias, approximately $439,000 (around £345,000 or €403,000), in guaranteed compensation to depositors of banks undergoing liquidation during the January to June 2026 period. The fund continues to serve as a safety net for depositors in the event of bank failure.
The steady growth in deposits suggests that households and small businesses continue to place funds with the banking sector despite the broader economic challenges facing the country. The National Bank noted this week that there are currently no grounds for a sharp depreciation of the hryvnia, providing additional reassurance to savers.