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8.1.2 Deposits
Solvent banks’ liabilities increased by 2.8% q/q in Q2, above the level seen at the end of 2021. Retail and corporate deposits, as well as state budget funds, increased and continue to be the main source of funding for the banks. In late June, these funds accounted for 88.1% of liabilities. The share of funds borrowed from the NBU shrank to a one-year low of 4.8% as the banks gradually repaid refinancing loans. The banks’ gross external debt also declined.
48 UKRAINE Country Report October 2022 www.intellinews.com