WHAT may be the MOST PROFITABLE tool??? - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
Investment idea: to open a Deposit in national currency for a period of up to six months. Given the possible further increase in interest rates, at the end of short term contract the money will perevorot higher interest.Investment idea: to open a Deposit in national currency for a period of up to six months. Given the possible further increase in interest rates, at the end of short term contract the money will perevorot higher interest.At year end, the deposits can be the most profitable tool. From the beginning, the price of land in the suburbs of Kiev grew by only 13%, on the capital square meters вЂ” by 10-12%. Thus in the market of real estate and land are the prerequisites for the stabilization and even reduction of prices. Banks, on the contrary, continue to raise rates on deposits. According to the NBU, at the end of 2007, the average interest rate on term deposits in national currency for individuals amounted to 13.7% in June she got close to 16%. According to Prostobank Consulting, in March 2008 the most profitable hryvnia Deposit contribution was providing 16% per annum. Now, some financial institutions offer the deposits in the national currency under 20-23% if the amount exceeds 100 thousand UAH. However, many analysts believe that the peak growth rates has not been passed. Banks continue to face acute cash shortage.Looking for moneyFrom the beginning, the financial institution basically raised rates on deposits in national currency: on average 2-4 p. p. In may-June trend affected and dollar deposits, which grew 0.3 to 2 percentage points depending on the Bank. "In the conditions of shortage of hryvnia to foreign currency serves as its substitute вЂ” banks now make loans mostly in dollars, вЂ” says Oleksandr Zholud, an economist at the International centre for policy studies. But financial institutions are quite difficult to borrow in the foreign market required amount of currency вЂ” the main difference from the current situation, trends from 2007. Therefore, rates increased significantly for all types of deposits.".