The capital region accounts for nearly 40% of all citizens' funds in the banking system
Almost 39% of Ukrainians' bank deposits are concentrated in Kyiv and its region. Meanwhile, the NBU reported the lifting of 154 restrictions as part of currency liberalisation. This was reported by Minfin, according to the portal PromPolitInform.
According to analytical calculations by financial expert Andrii Shevchyshyn, the capital region holds the lead in the volume of the population’s bank savings. Kyiv and the surrounding region account for 38.6% of the total volume of Ukrainians’ funds held in financial institutions. A particularly high concentration of capital city assets is observed in segments of foreign currency deposits and long-term national currency deposits.
Currency liberalisation by the regulator
The National Bank of Ukraine has released interim results of the currency liberalisation process. The regulator has lifted 154 currency restrictions, which has expanded operational capabilities for both citizens and representatives of businesses and investors. The agency also clarified the economic and financial factors that will influence the further simplification of current rules.
Judicial practice on copyright
The Supreme Court has provided clarifications regarding the procedure for determining the amount of compensation for copyright infringement. The proceedings arose from a dispute over the use of an image of the main gate of the Potocki Palace in Ivano-Frankivsk on souvenir magnets. As part of the case, the court determined the compensation amount at 6,000 hryvnias, even though the plaintiff’s initial claims reached 65,000 hryvnias, while also explaining the criteria for providing evidence for such lawsuits.
Photo: Minfin
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