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NBU reports growth in cash turnover in banks at the beginning of 2026

Kyiv • UNN

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In the first quarter of 2026, cash receipts to bank vaults rose to UAH 749.8 billion. The dynamics were influenced by higher salaries and prolonged power outages.

NBU reports growth in cash turnover in banks at the beginning of 2026

In the first quarter of 2026, the volume of bank cash turnover in Ukraine increased in terms of both receipts and withdrawals. This was reported by the NBU, according to UNN.

According to the regulator, in January–March, 749.8 billion UAH in cash was received by bank vaults—this is 5.2% more than in the same period last year.

At the same time, the volume of cash withdrawals amounted to 747.5 billion UAH, which is 6.3% more in annual terms. Meanwhile, withdrawals remained slightly lower than receipts.

What influenced the growth

The NBU notes that the increase in cash receipts is linked to higher salaries in the public sector and pensions, particularly in March 2026. The revival of economic activity and the stabilization of the energy system also played a positive role.

At the same time, the increase in cash withdrawal volumes was influenced by security risks—intensified air attacks, infrastructure destruction, and prolonged power outages.

Where the cash goes

Banks issued the most funds for payment card operations—accounting for 86% of the total volume.

Cash was also directed towards:

– purchase of foreign currency from customers – 4.1%

– replenishment of postal service operators – 3.4%

Where the funds come from

The main sources of cash receipts to banks remain:

– retail revenue – 30.3%

– payment card operations – 27%

– sale of foreign currency – 17.8%

– revenue from services – 12.1%

The National Bank emphasizes that the dynamics indicate a gradual recovery of economic activity, despite existing security risks.

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