Ukraine: Banks Not Trusted

Ukrainiana explains why people are reluctant to entrust their money to Ukrainian banks: “Bring the money to the banks? Only to have the banks refuse to give the money back when you need it? Hasn’t the government poured billions of hryvnias into troubled banks without demanding equity stakes from them? Isn't it true that the banks then used the stimulus money to bet against the hryvnia, with a little help from the National Bank?

Start the conversation

Authors, please log in »


  • All comments are reviewed by a moderator. Do not submit your comment more than once or it may be identified as spam.
  • Please treat others with respect. Comments containing hate speech, obscenity, and personal attacks will not be approved.

Receive great stories from around the world directly in your inbox.

Sign up to receive the best of Global Voices!

Submitted addresses will be confirmed by email, and used only to keep you up to date about Global Voices and our mission. See our Privacy Policy for details.

Newsletter powered by Mailchimp (Privacy Policy and Terms).

* = required field
Email Frequency

No thanks, show me the site