After altering the terms of the preferential mortgage program to favor developers, loan issuance fell by 33%.
In February 2025, Ukrainian banks issued 516 mortgage loans totaling ₴926M, which is 7% higher than the mortgage lending volume in January. However, this amount is a third less than in February of last year, according to NBU data. As before, most loans for purchasing real estate were provided through the state affordable housing lending program, eOselya. The decline in mortgage issuance was influenced by changes to the program introduced last fall. These modifications prohibit most categories of borrowers from