The NBU has calculated “on hand” in the population up to $ 35 billion

News

The NBU has calculated “on hand” in the population up to $ 35 billion

11.10.2021 News

The savings of Ukrainian citizens outside the banking system are estimated at $ 30-35 billion. This estimate was given by the chairman of the National Bank Kyrylo Shevchenko during the Kyiv Economic Forum.

There are different estimates of the “gray” economy. We in the National Bank believe that this is up to 30% of GDP. If we talk about the savings of Ukrainian citizens who are outside the banking system after 2010, it is equal to $ 30-35 billion – in dollars, euros and hryvnias, “Shevchenko said.

“As for the question of how to get this money” from under the mattress “, it is a non-bank financial market. Today this market is more dynamic, its way to the client is shorter than that of banks,” the head of the central bank added.

Shevchenko also noted that citizens have 2.5 investment options: deposits, real estate and IGLBs, which he estimated at 0.5.

The head of the parliamentary committee on finance, tax and customs policy, Danylo Hetmantsev, believes that Ukrainians are keeping $ 50 billion of undeclared income in the shadows.

Other articles

  • Radisson Hotel Group becomes world’s first hotel group to offer carbon negative meetings
    News

    Radisson Hotel Group becomes world’s first hotel group to offer carbon negative meetings

    Radisson Hotel Group is proud to be the world’s first hotel group to make all meetings and events across 400+ hotels in its EMEA portfolio carbon negative. For every event taking place at its participating hotels, Radisson Hotel Group will offset double the carbon footprint, to ensure that every meeting has a positive impact on […]

  • The price of oil broke a long-standing record
    News

    The price of oil broke a long-standing record

    During trading on Monday, October 11, the price of a barrel of Brent oil rose by 2% to $ 84.01. She reached this mark for the first time since October 2018. US WTI oil rose by $ 1.62 to $ 81.3 – the highest price since 2014, according to Reuters. It is noted that Brent […]

  • From 2023, multinational corporations must pay corporate tax at a rate of at least 15%
    News

    From 2023, multinational corporations must pay corporate tax at a rate of at least 15%

    The agreement on a single corporate tax rate of at least 15 percent was signed by 136 states, which account for more than 90 percent of world GDP. The agreement is aimed at combating tax evasion by international corporations. The initiative was also signed by countries that were initially opposed to tax reform, such as […]

  • The NBU has increased the purchase of currency on the interbank market 15 times
    News

    The NBU has increased the purchase of currency on the interbank market 15 times

    During the week, the National Bank of Ukraine bought $ 228 million on the interbank foreign exchange market. At the same time, the central bank did not sell currency on the interbank market. So the NBU continued to buy currency on the interbank market, the bank increased it compared to last week ($ 15 million) […]

  • Musk told when the first European Tesla will appear
    News

    Musk told when the first European Tesla will appear

    The new Tesla factory in Berlin may release the first electric cars next month. CEO Elon Musk stated this. Speaking at the plant, Musk said he hoped to get the green light to begin production in the coming weeks. The last consultation on public concern about the plant ends on October 14, after which the […]

  • Two other Chinese developers have problems paying on bonds
    News

    Two other Chinese developers have problems paying on bonds

    In China, two more developers are unable to repay their debts: Fantasia Holdings has been unable to repay bonds worth $ 205.7 million, and Sinic Holdings is uncertain about the repayment of $ 246 million in bonds, the BBC reports. The day before, trading in Evergrande shares was suspended on the eve of “an announcement […]

  • Telegram has 70 million new users amid Facebook failure
    News

    Telegram has 70 million new users amid Facebook failure

    Telegram Messenger registered more than 70 million new users against the background of a large-scale failure of the social network Facebook and its services. The founder of the messenger Pavlo Durov announced this in his Telegram-channel. “Telegram’s daily growth rate is an order of magnitude higher than normal, and in one day we have received […]

Read also

The NBU has calculated “on hand” in the population up to $ 35 billion
News

Toshiba will be fined for $ 60 million for false information about income

A grandiose financial scandal occurred in Toshiba. The company is accused in violating accounting and providing false information about their income. Because of the false information, as contained in the financial records of the company, the amount of income for the period 2008-2014 was understated for $ 1.9 billion. The regulatory authorities proposed the fine […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

The Ukrainian startup Blynk launched a joint product with the electronics manufacturer SparkFun

Ukrainian company Blynk, which develops software for creating its own IoT-applications, announced a contract with a major manufacturer of Electronics – SparkFun. In collaboration was created the product SparkFun Blynk Board. Blynk also entered the start package of the SparkFun IoT Starter Kit with Blynk. The fact that the startup conducts negotiations with a major […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

Wizz Air has canceled about 20 routes from Ukraine till March 2021

Hungarian airline Wizz Air reduces the number of flights from Ukraine in the winter flight schedule. This was reported by lowcostavia. Dozens of flights from Ukraine were reduced – 12 routes are canceled by March 2021, even more destinations are temporarily suspended until the end of October. Flights from all cities of Ukraine have changed. […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

Pfizer submits the application to the FDA for permission to use the emergency vaccine of COVID-19 in November

Shares of the largest US pharmaceutical company Pfizer, down to 3.14% since the beginning of the year, rose to 3.83% on Friday on good news about its vaccine against the COVID-19. Currently, the mTNA candidate vaccine of BNT162b1, developed by Pfizer in the partnership with the German company BioNTech, the mechanism of the action of […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

Wells Fargo Reported Worse-than-expected Losses and Reduced Dividend

Today Wells Fargo, the fourth-largest U.S. bank, reported record losses of $2.4 billion in the second quarter, which was even worse than the bank management and Wall Street analysts expected. For the three months by June 30, Wells Fargo’s loss was $0.66. This is $0.46 worse than analysts’ forecast of $0.20 loss per share. One […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

Named the most expensive brands in the world

Apple Inc. for the first time in 2016 ranked first in the list of most valuable brands in the world. Brand Finance analysts estimated the company at $ 263.4 billion. Amazon ($ 254.2 billion) is second in the annual Brand Finance Global 500 ranking, followed by Google ($ 191.2 billion). The top ten most expensive […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

Gas deficit in Europe will be 28% – Gazprom

At the current rate of gas injection before the start of the heating season, its deficit in Europe will be about 28%. Such calculations are contained in the monthly statistics of Russia’s Gazprom. “The backlog in terms of filling compared to last year is 20.5 billion cubic meters of gas,” the document reads. Gazprom estimates […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

China imposes standards of data security and criticizes the US policy

On Tuesday, Chinese Foreign Minister Wang Yi presented the government’s initiative to implement global data security standards, “golden rules” which should be applied by Chinese and other companies around the world. Among a number of points, the key ones are: preventing the illegal receipt of confidential personal information, ensuring the storage user`s data on the […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

For the first time, the National Bank fined collectors for ethics violation

For the first time, the National Bank fined a collection company for violating the requirements of ethical conduct in settling overdue debts. This was reported by the NBU. “The National Bank, as a body that regulates and supervises the activities of non-banking financial institutions, has revealed a violation of the requirements of the legislation on […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

SoftBank will sell British Arm Holdings to American Nvidia

In the following days, the Japanese telecommunications holding Softbank intends to sell the large British manufacturer of microprocessors Arm Holdings to one of the world`s leaders in the production of graphics processors, chipsets and software, the American company Nvidia. The deal will be approximately of $ 40 billion. According to the Financial Times, the deal […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

Shares of Volkswagen get down on 40%

Nordea, the €190bn (£135.6bn) Scandinavian fund manager, has become the first major investor to signal it is preparing to sue Volkswagen over the carmaker’s manipulation of emissions tests. Nordea Asset Management told reporters over the weekend that it planned to join “several different class actions” against Volkswagen. The emissions fixing scandal has left investors with billions of […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

Bitcoin has crossed the $ 52,000 mark

The value of the most popular cryptocurrency bitcoin continues to grow. On the morning of Thursday, February 18, the price exceeded 52 thousand dollars for the first time. CoinDesk data show this. Thus, at 10 o’clock Kiev time, the cryptocurrency at the peak rose by another 1.28% and reached a price of $ 52,100. Currently, […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

Milkiland enters the markets of the Middle East and China

After the closure of the Russian market, Milkiland  determined priority markets of the European Union, the Middle East and China. CEO of the company Anatoly Yurkevich said it in an interview with “Business.” “We see a very simple way out of this situation: work in the domestic market, beginning to develop and manufacture products for […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

Milk Alliance provided the first supply of Ukrainian milk products in the EU

Group of companies  Milk Alliance was the  first among dairy companies in Ukraine that complied the order of the Bulgarian partner for  the industrial supply of milk products. “This order is a test in order to study the demand and taste preferences of  consumers. The products will be available in specialty stores focused on the population of the CIS […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

Ukraine under quarantine. How the economy of Ukraine will survive the coronavirus

The largest European countries are going to exit quarantine. On Monday, Germany, the Czech Republic, France, Poland, Norway and Denmark are lifting some of the quarantine restrictions imposed to combat the coronavirus epidemic. So, in Germany, it was allowed to open commercial space less than 800 square meters in size. Car dealers and bookstores were […]

Next
The NBU has calculated “on hand” in the population up to $ 35 billion
News

The State Food and Grain Corporation of Ukraine plans to export soybeans to China

The State Food and Grain Corporation of Ukraine plans to expand the list of export products sold in China, and to enter the Chinese soybean market, says the  “UkrAgroConsult”. It is reported that this is a promising direction because of no quotas, the quality of Ukrainian soybeans, namely, the statutory bar for GMO content and […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com