The regulator's press service reported this.
It is noted that during the fourth quarter of 2024, the volume of household deposits increased at nearly all banks, while several institutions also reported a significant rise in corporate funds. Most banks indicated a decrease in borrowing costs.
“According to the survey, in the first quarter of 2025, financial institutions do not expect an increase in the volume of liabilities overall: there will be a slight rise in deposits from households, while those from businesses will remain unchanged,” the NBU's message states. “The average funding cost has decreased for six consecutive quarters, but in the last two quarters, fewer respondents have reported this. The cost of wholesale funding has declined for three consecutive quarters.”
In the first quarter of this year, financial institutions expect an increase in corporate deposit rates, while the cost of household and wholesale funding is expected to remain nearly unchanged.
It is also reported that the share of funding in foreign currency decreased among banks that account for 73% of the banking sector's assets in the fourth quarter. The same proportion of respondents anticipates a decline in foreign currency liabilities in the first quarter of 2025.