Overview of euro deposits: smaller banks offer higher rates

Overview of euro deposits: smaller banks offer higher rates
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In early October 2026, euro deposit yields in Ukrainian banks remain low. Maximum rates on certain fixed-term deposits reach 2.25% per annum, but many banks offer less than 1%, and some only 0.01%. Conditions depend on the deposit term and the specific deposit program.

Meanwhile, the euro is under pressure on the international currency market. In early October, the EUR/USD rate fell to 1.1161 dollars — a low for about 17 months. Among the reasons are problems with France's public finances, political uncertainty in the country, and the relative strength of the dollar. In Ukraine, the euro also weakened: the official NBU rate for October 8 dropped by about 48 kopecks, to 50.1569 hryvnias.

Banks with rates from 1% to 2.25% per annum

This group includes offers with the most attractive yield on the euro deposit market. Maximum rates on individual terms are as follows:

  • Accordbank — up to 2.25% per annum for 3 months and 2% for 6 months.
  • Pivdennyi Bank — up to 1.70% for 12 months.
  • CominBank — up to 1.75% for 9 months.
  • Globus Bank — up to 1.50% for 12 months.
  • Tascombank — up to 1.50% for 12 months.
  • Radabank — up to 1.40% for 12 months.
  • Bank Lviv — up to 1.25% for 12 months.
  • Alliance Bank — up to 1% for 12 months and 9 months.

These rates are the maximum for individual programs, so before opening a deposit, check the available terms and other conditions.

Banks with rates from 0.1% to 1% per annum

Yields in this group are noticeably lower, but such offers are common among large banks and institutions with standard deposit lines.

  • monobank and Universal Bank — up to 0.70% for 12 months.
  • MTB Bank — up to 0.60% for 12 months.
  • Vostok Bank — up to 0.50% for 12 months.
  • Credit Agricole Bank — up to 0.50% for 12 months.
  • Idea Bank — up to 0.40% for 12 months.
  • FUIB — up to 0.30% for 12 months.
  • UkrSibbank — up to 0.30% for 12 months.
  • Kredobank, Oschadbank and Piraeus Bank — up to 0.20% for 12 months.
  • A-Bank — up to 0.10% for 12 months.
  • ProCredit Bank — up to 0.20% on certain terms.

For this group, it is especially important to compare not only the annual rate, but also the possibility of replenishment, early withdrawal and automatic renewal of the deposit.

Banks with rates no more than 0.01% per annum

This category includes offers that actually provide no noticeable interest income:

  • Credit Dnepr Bank — 0.01% for 12, 6 and 3 months.
  • OTP Bank — 0.01% for 12 and 9 months, although other rates are available on shorter terms.
  • Pravex Bank — 0.01% for 12 and 9 months.
  • PrivatBank — 0.01% for 12, 9, 6 and 3 months.
  • Raiffeisen Bank — 0.01% for 12 and 6 months, as well as for 3 months.
  • Sense Bank — 0.01% for 12, 6 and 3 months.
  • Ukrgasbank — 0.01% for 12, 9, 6 and 3 months.
  • Ukreximbank — 0.01% for 12, 9, 6 and 3 months.

The list reflects rates on individual fixed-term programs. Conditions of specific products may differ.

What is more advantageous for a depositor

A euro deposit in a Ukrainian bank primarily suits those who want to keep funds in foreign currency and do not expect high interest income. Even a rate of 2% per annum will bring only 20 euros before tax for every 1,000 euros over a full year of placement.

In addition, the fall of the euro against the hryvnia can offset the interest earned if the depositor later converts the money back into hryvnias. On the other hand, if the euro strengthens further, foreign exchange revaluation can increase the final result.

Conclusion: In early October 2026, the highest rates on euro deposits are offered by some small and medium-sized banks — up to 2.25% per annum. Deposits in large banks often yield only 0.01–0.7%. Therefore, the choice depends on the goal: to get a small interest income or to keep savings in euros, taking into account possible exchange rate fluctuations.

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