Slight Growth in Ukrainian Financial Industry, Uncertainty Remains

Business › n.a. ♦ Published: July 19, 2012; 16:45 ♦ (Vindobona)

According to Austrian RCB (Raiffeisen Centrobank), the lending activity remains subdued amid looming economic uncertainty. Deposit growth resumed in June both in corporate and retail segments.

Slight Growth in Ukrainian Financial Industry, Uncertainty Remains / Picture: © Vindobona.org

Total loans grew 0.4% mom in June, reversing from the decline of 0.5% in May. It came as a bit of surprise, given recent liquidity tightening. CO hryvnia loan portfolio expanded by 1.9% mom, the highest monthly growth so far this year. PI hryvnia loan volume grew 0.7% mom in June, decelerating from 1.2% growth in April and May.…

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