According to the National Bank of Ukraine, the monetary base in Ukraine increased by 34.1%, or by UAH 13 billion 672 million, in January-December 2004, and now stands at UAH 53 billion 762 million, while the money supply increased by 32.4%, or by UAH 30 billion 756 million, and currently stands at UAH 125 billion 8 million, reports "Podrobnosti". \n \nDeposits of legal entities grew by 41.6% over the year and stand at UAH 41 billion 489 million. Deposits of individuals increased by 28.5% and stand at UAH 41 billion 657 million, including UAH 22 billion 153 million in the national currency. At the same time, the average monthly interest rate on deposits in the national currency in 2004 was 7.9%, including 13.1% on time deposits. The average monthly interest rate on deposits in foreign currency is 7.0%, including 8.2% on time deposits. \n \nAccording to National Bank data, credit investments grew by UAH 20 billion, or by 30.6%, in 2004 – to UAH 88 billion 571 million, including UAH 53 billion 8 million in the national currency. At the same time, the average monthly interest rate on loans provided to the real sector of the economy is 17.5% per annum in the national currency and 11.4% in foreign currency. \n \nTo maintain the liquidity of the banking system through bank refinancing, the NBU allocated funds totaling UAH 20 billion 574 million in 2004. To regulate bank liquidity, the NBU conducted operations to mobilize bank funds totaling UAH 11 billion 273 million in 2004. According to NBU data, balances on banks' correspondent accounts as of January 1, 2005, stood at UAH 8 billion 18 million.