Who will return the money
Ukrainian telegram channels are full of information that problems have arisen in local banks, which, in turn, affect consumers. Allegedly, some financial institutions do not allow people to withdraw money from their accounts, while others continue to accrue interest on loans despite the announced “credit holidays”. The MK correspondent checked whether this is actually the case.
About a week ago, the Ukrainian segment of social networks “exploded” due to numerous complaints about the inability to withdraw money from Oschadbank's pension cards. This state-owned bank, along with PrivatBank, seemed to have previously been known as stable – and then suddenly such a “bummer”…
Managers of the financial institution had to come up with an explanation. The main message: “We warned you, but you …”. Say, two years ago, for the period of Covid-quarantine, the bank promised to automatically extend the usual procedure for accruing due payments to old-style cards for Ukrainian pensioners and those living in the part of Donetsk and Lugansk regions not controlled by Kiev. Recalling at the same time about the opportunity to pick up a new card in any of the offices of Oschada. The news that expired cards are blocked and their validity will no longer be extended coincided with a military special operation.
“Oshchadbank reassures fellow citizens: they say, your savings will not go anywhere, no one will automatically redirect them “for the needs of the army and navy.” The money will “just be frozen” until a new card is received. The victims of the sudden “freeze” are no less than half a million people. Basically, these are residents of the Central Donbass, living in the DPR and LPR recognized by the Russian Federation. In fact, they are now “cut off” from the money put to them. Kyiv's assurances that the state will not stop charging on their overdue deposits, not that they are very “warm”.
Inflation, meanwhile, continues to “eat up” those same pension savings. On April 8, the Ukrainian State Statistics Service reported a price increase in March: plus 4.5% compared to February. Since the beginning of 2022, prices have risen by 7.6 percent. Well, on an annualized basis, consumer prices “heavier” by 13.7%.
In another state-owned bank, Privat, there will still be fewer reasons for concern. There, people were promised “credit holidays”. After a few days, Privat changed their minds. “Attraction of unprecedented generosity” decided to shorten it. The fee for using the loan was not withdrawn only for March. In April and May (from April 1 to May 31 of the current year), the bank halved the interest for the use of credit funds. If until now 3.4 percent was charged monthly for this service, now it will be 1.7%.
“Monobank”, which along with “Privat” is the leader in servicing card accounts of individuals, also canceled the “credit holidays” previously promised to customers. Moreover, the interest on these cards – 3, 1 – the bank hurried to write off already on April 1, without giving, unlike PrivatBank, the possibility of deferring payment until June 1. The same bank “distinguished itself” also by the fact that it began to demand from its customers documents on the origin of funds in the amount of, for example, 1,800 euros (60 thousand hryvnias). Given that financial monitoring should be subject to amounts from 400 thousand hryvnia. And until the client demonstrates all the required tax certificates with a package of other documents, his own funds will continue to be blocked on Monobank accounts. there are no banks yet. Today, any non-cash payments pass without problems, which is important. The largest supermarket chains have mastered the extremely necessary service: any buyer can now remove the amount of up to 6 thousand hryvnias (almost $ 200) in cash directly at the checkout.
provided the same Ukrainian banking system a sufficient stock of safety Western countries. And not at all the NBU management appointed by President Vladimir Zelensky, as the pro-government media are trying to present to the layman.