Payments to depositors: what the first-quarter data reveal
16 April 18:22
In January–March 2026, depositors of banks undergoing liquidation received over 13.8 million hryvnias in guaranteed compensation. The bulk of the payments were made in March, according to the Deposit Guarantee Fund for Individuals, as reported by "Komersant Ukrainian".
Key figures
- 13.8 million UAH — payments for the first quarter of 2026
- 11 million UAH — paid out in March
- Over 2 million depositors have received compensation since the fund’s inception
- Total amount of payments — 105.1 billion UAH
March was the peak month in terms of compensation amounts.
Who received the most
The main payouts are linked to two banks:
- Motor-Bank
- UAH 5.8 million to depositors
- First Investment Bank
- approximately 4.8 million UAH
It is precisely the start of payments by these institutions that explains the sharp increase in March.
How the system works
Deposit Guarantee Fund for Individuals:
- pays guaranteed amounts to depositors of insolvent banks
- uses its own funds, without direct funding from the budget
- had UAH 55.1 billion in resources as of the end of March
This is the key mechanism for protecting depositors in the event of bank failures.
War Context
During the full-scale war:
- UAH 9.4 billion in compensation has been paid
This indicates a sustained strain on the deposit insurance system.
What changed in April
At the same time, new restrictions were introduced:
- payments to depositors have been temporarily suspended since April 14
First Investment Bank
The reasons have not been officially detailed, but this may affect the pace of payments in the coming months.
What this means
For depositors:
- The system is operational, but payments may be irregular
- some banks may experience peak loads
For the banking sector:
- the market cleanup process continues
- confidence remains due to payment guarantees
For the government:
- the fund remains financially viable
- but risks are rising in the event of new bankruptcies
