deposit rates have stopped their downward. Experts believe that the main reason - the relative stabilization of the deposit portfolio of banks. Also expect the deposit portfolio of banks to reach pre-crisis level in the next four years.

According to the company Prostobank Consulting, the average rate on savings deposits (with the possibility of deposit, but without the right of partial withdrawal of money) at the beginning of August was 19.78% per annum. However, in early June, it was the same. Thus, lowering the rates on deposits, which began in April 2009, has stopped. Then the banks, sensing the relative stabilization of the market, have begun to reduce rates on deposits. This situation, according to experts, continues today. In doing so, it is obvious that the rates on deposits have reached the optimum level for today - and stopped lowering rates.

However, the experts, though, and confirm the improvement in the deposit portfolio, but believe that sooner than four years, the deposit portfolio of the bank to its previous level of the summer of 2008 did not return. We can note the positive trend of growth in deposit base in our bank, due to the fact that in general the market there is movement of deposits from one bank to another, mainly in banks with foreign capital and state, - says Andrzej Oleinik, Director of Marketing Platinum Bank. - We expect that in the next four years, the deposit portfolio of banks to reach pre-crisis period. How quickly the banking system will revert to the previous level, depending on currency fluctuations, as the weakening hryvnia people start to panic and just in case to convert savings into foreign currency, losing the exchange rate on the difference.