Bankers predict an interest rate decrease for business loans in Ukraine.

Following the NBU’s reduction of the discount rate to 13% and the introduction of its lending strategy, banks will be able to significantly reduce interest rates on loans for enterprises in strategic economic sectors, according to the Deputy Chairperson of the Board of Globus Bank, Olena Dmitrieva.

She says state banks lend mainly to large enterprises and state institutions. At the same time, commercial banks will focus mainly on lending to small and medium-sized businesses.

Special emphasis will be placed on war risk insurance when granting loans to enterprises in de-occupied territories and territories most affected by armed aggression to enable more banks to use the NBU’s lending strategy.

She also pointed out that at URC2024, about 110 international agreements, worth over $16B, were concluded. Therefore, Dmitrieva assumes that this will soon allow new state credit programs to be introduced, aimed at lending to strategic industries: energy, the defense-industrial complex, and agriculture, as well as the purchase of energy-efficient equipment for business.