You're reading: Funds accumulated by Individuals’ Deposit Guarantee Fund in June up by 18.4 percent

Funds accumulated by the Individuals' Deposit Guarantee Fund in June increased by 18.4 percent, to UAH 8.075 billion, the press service of the fund has said.

Since the beginning of the year, the funds it accumulated have increased by 10.7%, up from UAH 7.293 billion.

As reported, the National Bank of Ukraine decided to issue a loan of Hr 4.2 billion to the Individuals’ Deposit Guarantee Fund.

According to the law, the minimum amount of money at the fund cannot be less than 2.5% of the guaranteed amount of depositors’ funds up to the sum of compensation.

The maximum size of compensation on individuals’ deposits in Ukraine was increased in 2012, from Hr 150,000 to Hr 200,000.