Citizens of Ukraine withdrew 51% of deposits from banks last year. In the first quarter of this year the amount of deposits in Ukrainian banks decreased by 26.6%.
To date, 48 banks have become insolvent in this country. The two large banks, namely Delta Bank and Nadra, are 20.5 billion grivnas in debt to depositors.
Seemingly, the kamikaze finance story is just getting started in Ukraine.
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