Business news from Ukraine

NATIONAL BANK OF UKRAINE RISES ASSETS BY 9% IN 2017

23 February , 2018  

Assets of the National Bank of Ukraine (NBU) as of January 1, 2018 reached UAH 1.026 trillion, which is 9.1% more than as of January 1, 2017, including a rise of 3.7% in the fourth quarter of 2017.
The central bank published the relevant figures on Thursday.
According to the report, funds and deposits in foreign currency and bank metals halved, to UAH 25.17 billion (8.2% up in Q4 2017) and securities of nonresidents grew by 50.5%, to UAH 414.46 billion (11.4% up in Q4 2017).
The cost of banknotes and coins in circulation grew by 6% in a year or by UAH 20.5 billion, to UAH 361.54 billion, including a 9.6% rise in Q4 2017.
Funds of state-owned and other institutions fell by 43.3% in Q4 2017 and grew by 15.6% in 2017, to UAH 56.08 billion.
The amount of deposit certificates has not significantly changed – UAH 67.19 billion compared with UAH 68.17 billion a year ago, and funds of banks narrowed – UAH 40 billion against UAH 44.3 billion.
NBU’s commitments to the International Monetary Fund (IMF) grew by 21.5% in 2017, to UAH 206.25 billion.
Net worth last year grew by 41.2%, to UAH 208.5 billion thanks to growth of reserves after the revaluation of assets and commitments by 64.8% or UAH 60.4 billion, to UAH 153.69 billion.