Wealth Concentration: 1% Hold Over Half of Deposits
May 26, 2026 at 15:11
0
✦ AI Summary
- Individuals hold a record 1.687 trillion UAH in banks
- 70.78% of funds are in non-interest, demand accounts
- Deposit rates hit historical lows, with only 29.22% in time deposits
The amount deposited by individuals and private entrepreneurs in April reached a record 1.687 trillion UAH, according to the Deposit Guarantee Fund data analyzed by financial analyst Andriy Shevchishin.
Where is the Money Stored?
A staggering 70.78% of total funds are held in demand accounts with no interest. This marks the third-highest rate in recorded history. In contrast, only 29.22% of deposits are in time accounts, with short-term deposits (up to three months) accounting for 17.83%. Notably, long-term deposits, particularly those lasting 3-6 months, have plummeted to an all-time low of 6.98% from 17.86% in March.
Share: