Report
ICU
Taras Kotovych

Daily Insight -- Budget accumulate funds

​As a result of last week's outflows, banking sector liquidity fell to UAH95.20bn, the lowest for this year and since December 23, 2016. Last Friday, banks' correspondent accounts with the NBU fell UAH3.07bn to UAH45.54bn and total CDs outstanding declined UAH2.64bn to UAH49.66bn that day. While these funds were absorbed by the budget at Treasury accounts, non-monetary operations last Friday caused outflows of UAH5.65bn, including net outflow to the budget of UAH5.31bn, as total budget revenues amounted to UAH8bn.

Provider
ICU
ICU

ICU IS A FINANCIAL SERVICES GROUP PROVIDING SECURITIES TRADING, INVESTMENT BANKING AND ASSET MANAGEMENT FOR PRIVATE AND INSTITUTIONAL INVESTORS.

More information about ICU you can find at https://www.icu.ua/

Analysts
Taras Kotovych

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