Ukrainian money supply down 2.1%, monetary base 1.3% in Nov
KYIV. Dec 9 (Interfax) - Ukrainian money supply fell 2.1% in November to UAH 652.4 billion, the National Bank said on its website.
The monetary base fell 1.3% to UAH 231 billion (UAH 7.9899/$1 on Dec. 9).
Supply rose 9.1% and the base increased by 2.4% in January-November.
Cash outside banks decreased 2.2% in November (rose 0.6% in the 11 months) to UAH 184.2 billion.
Government funds in national currency accounts in the National Bank of Ukraine went up 16.5% in November (130% since the beginning of the year) to UAH 6.2 billion.
The National Bank's refinancing operations totaled UAH 7.604 billion in November and 17.8 billion in the 11 months. A total of 25 banks obtained refinancing in November. The weighted average interest rate for refinancing in November was 15.2% and that from the start of the year was 12.7%.
National Bank mobilization operations totaled UAH 6 million in November (weighted average rate of 0.2%) and 161.3 billion in January - November (average rate of 1.8%).
Correspondent bank accounts grew 9.3% in November and 4.2% in 11M to UAH 17.4 billion. Mandatory reserves totaled UAH 14.2 billion, including UAH 11.4 billion in the National Bank.
Deposits fell by 2.1% in November (rose 12.3% in 11M) to UAH 464.8 billion as corporate accounts fell 5.3% (rose 14.4%) to UAH 162.6 billion and personal deposits fell 0.3% (grew 11.2%) to UAH 302.2 billion.
Corporate loan balances fell 0.6% (grew 14.4% in the 11 months) to UAH 594.2 billion. Personal loan balances were down 1.2% (down 2.5%) to UAH 199.3 billion.
Weighted average interest rates for national currency loans rose to 18.9% in November from 18.7% in October, and for foreign currency loans they fell to 8.1% from 8.2%.
Deposit rates went up to 11.5% from 10.4% in the national currency and were unchanged at 5.2% for forex deposits.
Average interbank loan rates were unchanged at 15.7%.