Due to the lack of trust to banks, Ukrainians prefer short-term deposits, NBU Governor Bogdan Danylyshyn wrote in Facebook, UNN reports.
"The lack of confidence in the banking system due to the closure of banks, as well as the presence of risks and uncertainties in the economic environment lead to the fact that investors prefer short-term deposits. So, in January-July 2018, the share of short-term bank deposits increased from 79% to 82%, which can generate serious short-term gaps between the banks' assets and liabilities and create a deficit of long-term funds", Danylyshyn said.
According to him, the funds of individuals and businesses remain the main source of resources for the banking system. The growth of the deposit portfolio is slowing down. The rate of its growth lags behind the level of consumer inflation, resulting in decreasing the real value of the deposit portfolio. The portfolio of bank deposits remains highly dollarized. In its structure, the share of short and "super-short" resources increases.