KIEV, Sept. 18 – A fall in the cost of credits in hryvnias will lead to a leveling of interest rates on deposits in foreign and national currencies, according to Borys Tymonkin, chairman of Ukrsotsbank.

"At present, all banks have a lot of hryvnias and a small amount of dollars, as dollar resources are actively allocated to mortgage and car crediting, and hryvnias remain in banks with 0% rates. I think that in one or two years, we'll have the Russian system, where the difference in the rate of credits in hryvnias and in dollars will differ by one percentage notch... the inevitable consequence of the process will be the leveling of rates on deposits in hryvnias and dollars," said Tymonkin.