KYIV, May 22 – Interest rates on deposits in 2020 will continue to decline and may reach 10% in the hryvnia and 1.5% in U.S. dollars, bankers said at a recent roundtable of the Financial Club.

"The trend to reduce interest rates will be examined until the end of the year. Interest rates will decrease," Board Chairman at Idea Bank Mykhailo Vlasenko said, specifying that the bank's current interest rates at 12-14% may drop to 8-10%.

In turn, Capital Markets Director at Alfa-Bank Tetiana Popovych expects interest rates not to fall below 10%.