A number of banks in Ukraine faced the withdrawal of funds by the largest depositors, and the list is topped by the First Ukrainian International Bank (FUIB), as the outflow of deposits of its ten largest clients in 2012 amounted to UAH 4.1 billion, according to a ranking compiled by the Forbes Ukraine magazine.
“As of January 1, 2012, the FUIB’s ten largest depositors had UAH 6.7 billion on their accounts, which was 33% of all funds of clients. This amount shrank to UAH 2.6 billion on January 1, 2013 (15% of clients’ funds),” the magazine writes.
UkrSibbank is in second place, and its ten largest clients withdrew UAH 2.6 billion last year. They had UAH 5.9 billion on their bank accounts on January 1, 2012 and UAH 3.3 billion on January 1, 2013.
PrivatBank is third in the list. The outflow of funds of its ten largest depositors in 2012 was UAH 2.5 billion. Their deposits stood at UAH 9.5 billion on January 1, 2012 and at UAH 7 billion on January 1, 2013.
The rating also includes Ukrsotsbank (the outflow of deposits of its ten largest clients in 2012 – UAH 1.5 billion), VTB (UAH 1.1 billion), Nadra Bank (UAH 1 billion), and Prominvestbank (UAH 700 million).
The head of one of the banks said that large companies as most perceptible both in terms of interest rates on deposits and in terms of possible problems in banks.
“A reduction in the funds of big clients is a common trend for all banks. Clients are trying to diversify their risks. Earlier, depositors had more confidence in people – the bank’s owner or management, but now it’s not so important,” Deputy CEO of Kontrakt Bank Pavlo Krapyvin said.