The Ukrainian Credit Banking Union has noted the stabilization in the banking system.
Ukrainian News learned this from a statement by the association.
"The association 'Ukrainian Credit Banking Union' believes that the tough stabilization measures of the National Bank of Ukraine of October 2008 have yielded normalization of the situation in the banking system," the statement reads.
The association has registered the narrowing outflow of assets from the Ukrainian banks. It says the situation with liquidity of the Ukrainian banks was under control.
According to the Ukrainian Credit Banking Union, the hryvnia deposits have shrunk since October 1 by UAH 23.6 billion, while foreign currency deposits have shrunk by USD 1.9 billion.
In early November, the main indexes of the activities of banks over those of October demonstrated minor negative trends, but the yearly indexes registered growth.
The statement reads that deposits are estimated at UAH 330.9 billion. In October, the deposits shrank by 2.7%, while deposits have grown by 18.1% since January 1.
The statement reads that assets of banks are estimated at UAH 792 billion, while obligations of banks are estimated at UAH 694.5 billion.
As Ukrainian News earlier reported, President Viktor Yuschenko has said the Ukrainian banking system has no problems with liquidity.
