National Bank of Ukraine: Volume of loans up 8.2%, deposits grow 16.6% in 2025

MOSCOW. Feb 9 (Interfax) - Ukrainian banks boosted lending by 8.2%, or UAH 90.5 billion to UAH 1,197.3 billion in 2025, while deposits grew 16.6%, or by UAH 460.5 billion to UAH 3,238.2 billion, Ukrainian media said, citing the National Bank of Ukraine.

Compared to November, banks reduced lending by 11.2%, or UAH 151.2 billion in December, while deposits increased by 8.5%, or UAH 254.1 billion.

By the end of 2025, households accounted for the bulk of the loan portfolio growth, with loans increasing by 24.3%, or UAH 66.6 billion, to UAH 340.8 billion.

Hryvnia-denominated household loans increased by 25.8%, or UAH 67.9 billion, to UAH 331.0 billion, while foreign currency loans decreased by 12.8%, or $34 million, to $232 million.

The corporate segment also increased its loan volume by 3.5%, or UAH 28.3 billion, to UAH 847.9 billion, and foreign currency loans grew 14.9%, or $896 million, to $6.91 billion.

Last year's increase in deposits was due to a 15.9%, or UAH 241.0 billion, rise in hryvnia deposits to UAH 1,755.4 billion for legal entities,, while their foreign currency deposits decreased by 0.5%, or $49 million, to $10.07 billion.

Households increased their hryvnia deposits by 15.4%, or UAH 187.2 billion, to UAH 1,399.9 billion, while foreign currency deposits grew by 8.7%, or $864 million, to $10.81 billion in dollar equivalent.

According to the National Bank, the dollar exchange rate rose to UAH 42.3878 to the dollar from UAH 42.0390 to the dollar last year, with the lowest rate of the year, UAH 42.4015 to the dollar, was recorded on November 26.

In 2025, the volume of net hryvnia loans increased by 32.9% for private small and medium-sized enterprises and by 29.7% for large private companies. Furthermore, banks actively lent to state-owned companies last year, the National Bank said.