“On household resources II”, Vasyl Yurchyshyn (Razumkov Centre, Ukraine)

Households always tend to save money, especially at a time of war and great losses. Today, it should be admitted that the national banking system successfully introduces tools that provide some protection for the monetary resources of households from sharp depreciation.

This is especially important for current and short-term purchasing power and maintenance of a “normal” wellbeing, since households themselves have extremely limited access to bank resources – bank loans to households in February-October decreased. Of course, banks see the high risks of resumption and growth of lending to households, and the situation is unlikely to change fundamentally in the near future. That is, households should rely on their own savings in future expenses. Along with this, visible changes are observed in household deposits – a rapid increase in their volume in February-October.

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