Liquidity down slightly

9 декабря 2015 года

Banking sector liquidity declined for the second day in a row, down UAH0.76bn to UAH88.77bn. Banks' correspondent accounts with the NBU fell UAH1.61bn to UAH24.33bn while total CDs outstanding was up only UAH0.85bn to UAH64.44bn.

Investment implications: Liquidity continued its usual decline seen during the second week of recent months, most likely due to FX outflows. This decline could continue through the end of this week. At the same time, we see that CDs outstanding remain high and have risen since the beginning of the month, indicating that liquidity should recover very soon.

Источник: ICU

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