In Ukraine, distrust of the banking system is growing rapidly – more than 40% of citizens who have an account do not keep any savings in it. This conclusion was made based on a survey by the sociological group “Rating”, conducted in the spring of 2025.
The main reason is low incomes: 68% of respondents said that they do not have a financial “cushion” at all. Another 25% directly indicated distrust of banks, caused by previous financial crises, the instability of the hryvnia and fears about blocking accounts.
Experts warn: this trend weakens the financial system, limits banks’ access to resources for lending to businesses and complicates the fight against the shadow economy. In addition, the effectiveness of fiscal policy is decreasing, as the real incomes of the population become less transparent to the state.
Let us recall that among the possible solutions are flexible deposit products, simplification of digital services for low-income groups and increased communication with clients. After all, the level of trust is a critical factor for the stability of the financial market in times of war.
