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Following the NBU's decision to leave the discount rate and other monetary instruments unchanged, in particular the rates on 3-month deposit certificates, which form the basis for determining the yield on hryvnia deposits, average rates on hryvnia deposits will remain at 13-14.5% per annum over the next 1.5 months, depending on the term of the deposit.

This forecast was provided by Dmitry Zamotayev, Director of the Retail Business Department at GLOBUS BANK.
According to the banker, inflation has been gradually declining over the past three months. Therefore, the yield on deposits for customers at the “old” interest rate will automatically increase.

“In annual terms, inflation fell from 15.9% at the beginning of June to 13.2% in August. Therefore, in the near future, if current deposit rates remain unchanged, passive income may increase to 3%.”

"As before, the regulator will promote the active development of short-term deposits, so banks will maintain high returns on such deposits. At the same time, we assume that in the fall, citizens will be active in other segments as well: much will depend on the banks' strategies for attracting funds from the population, their marketing activities, and the promotions and start-up bonuses they offer for opening deposits."

According to his calculations, by the end of October, depending on the term of the deposit, the highest rates will be offered on deposits with terms of 6 to 9 months, as well as on annual deposits. He believes that during September–October, more than 70% of new deposits will be opened for these terms. Deposits with terms of 3 to 6 months will account for about 15%, while deposits with terms of 9 to 12 months and over 1 year will account for 5 to 7% each.
Dmytro Zamotaiev does not rule out that in September-October, some banks may start a “loyalty season,” offering new depositors additional bonuses of up to 1 percentage point to the current rates. That is why, in his opinion, the maximum rates may reach 16.5-17% per annum. In addition, additional preferences may be introduced, for example, in the event of early termination of the agreement or more favorable conditions for deposits, providing for the possibility of replenishing the deposit or withdrawing accrued interest.

“Deposits are not about ‘golden mountains’ or super profits. However, and this, in my opinion, is the most important thing: citizens will not lose the purchasing power of their savings, and under positive economic conditions, they will be able to earn a little on their own savings,” the expert emphasized.

According to the banker, the growth of hryvnia deposits in the fall will depend on a number of important factors, including:
The situation on the currency market. Stable dollar and euro exchange rates (and a strong hryvnia) will stimulate citizens' interest in placing funds in hryvnia deposits.
Further economic development and inflation rates. If the trend towards lower inflation continues (according to forecasts, inflation is not expected to exceed 10% year-on-year at the end of the year), a further reduction in the discount rate can be expected. As a result, citizens can be more flexible, opening deposits at the highest rates currently available.
The security situation in the country. From military risks to energy security: the lower the degree of uncertainty, the more confidently citizens will behave, planning their lives strategically. Preserving and increasing one's savings is a natural desire for an orderly, harmonious life.

“A quick peace is more of a hypothesis, but it is extremely important for potential investors to understand the current level of security. After all, putting money on deposit requires a person to have confidence in the future to some extent. We understand that it is pointless to urge people to open deposits, because this is not “roulette,” and no one plans to take unnecessary risks. Therefore, the number of depositors, in addition to purely economic preconditions, will also depend on military factors. In turn, banks will make every effort to encourage people to have more confidence in the hryvnia and, accordingly, in hryvnia deposits. If the positive forecasts come true, we can expect that in 2025, compared to last year, the number of new depositors may increase by at least 5–7%," concluded Dmytro Zamotaiev.

JOINT STOCK COMPANY “COMMERCIAL BANK ”GLOBUS" (GLOBUS BANK) was founded in 2007.
As of July 2024, the regional network has 32 branches, including 29 that are part of the Power Banking network, which allows them to operate in the absence of electricity.
GLOBUS BANK has been confirmed as having the highest credit rating on the national scale at uaAAA, as well as a deposit rating of ua2+ on the scale of the rating agency Expert-Rating.
The bank's priority areas of activity are lending to energy-efficient projects, mortgage lending in the primary market, car loans, and lending to small and medium-sized businesses.

GLOBUS BANK is an accredited partner of a number of state programs: the state mortgage program “eOselya”, the preferential lending program for small and medium-sized businesses “5-7-9”, “Affordable Factoring”, “Affordable Financial Leasing 5-7-9”, and Energy Independence for Individuals - Homeowners.
The bank is a partner of the Energy Efficiency Fund in the Energodim and GreenDim lending programs for condominiums and housing cooperatives.
The bank participates in the National Cashback state program.

On June 25, 2024, GLOBUS BANK became one of 17 major Ukrainian banks that signed a memorandum on lending for energy infrastructure restoration projects.
Serhiy Mamedov, Chairman of the Board of GLOBUS BANK, is Deputy Chairman of the Board of Directors of the Confederation of Builders of Ukraine and Vice President of the Association of Ukrainian Banks.