Piraeus Bank forecasts an increase in the profitability of household and business deposits amid rising key rates in Ukraine. Igor Yakobchuk, Treasury Director at Piraeus Bank, stated to UBN that competition among banks for client liabilities and the NBU’s increase of the discount rate to 14.5% will result in a gradual... #BankDeposits #financeUkraine #KeyPolicyRate #LendingInUkraine #PiraeusBank #PiraeusBankUkraine
VisionFund Ukraine Starts Lending to Support Small Businesses in Ukraine. Despite the war, international companies slowly continued entering the market, looking for high returns and post-war new market opportunities. VisionFund Ukraine, after two years on the market, receiv... #LendingInUkraine #nbu #VisionFund #VisionFundUkraine #WesleyJordan
Bank lending to businesses continues to grow in Ukraine. Banks have been increasing corporate lending for three quarters in a row, according to the Review of the Banking Sector for the first quarter. It is noted that the demand for business loans outside th... #AffordableLoansUkraine #eOselya #LendingInUkraine #LoanPortfolio #MortgageProgram #nbu #NPL
In the first quarter of 2024, Ukrainian banks increased their net profit by 18% from last year. During the first three months of the year, solvent financial institutions showed a ₴40.5B ($1.05B) net profit. “The main factors in profitability growth in annual terms are an increase in intere... #BankDepositsinUkraine #LendingInUkraine #nbu #UkraineBanks #UkraineBanksProfits #UkraineBond
The EBRD provides a €200M guarantee for business lending. The EBRD has provided Oschadbank with a limit for the portfolio mechanism for risk distribution of €50M. This will generate an additional €200M in new financing for Ukraine’s private sector. The EBRD ... #BusinessSupport #CreditRisk #ebrd #LendingInUkraine #LoansforBusiness #oschadbank
Experts confirm the recovery of consumer lending in Ukraine. According to the NBU, as of March 1, 2024 the portfolio of bank loans to individuals amounted to ₴230.9B, 12.1% more than on the same date last year. For comparison, as of March 1, 2022, customer debt... #ConsumerLending #financeUkraine #FinancialBroker #LendingInUkraine #nbu #Rozetka
The IMF insists on increasing bank lending to hasten Ukraine’s recovery. In Ukraine, the level of bank lending is low, which is a significant obstacle to the recovery of the country, according to former member of the NBU Council, Bohdan Danylyshyn. Danylyshyn states that, ... #BankLoans #BohdanDanylyshyn #financeUkraine #imf #LendingInUkraine #nbu
The yield on deposits in Ukraine is growing, and lending is recovering. In the second quarter, due to the NBU’s measures, banks will continue to increase interest rates on time deposits. According to the bank, on average, the return on a three-month individual depos... #CreditPortfolio #DepositsinUkraineBanks #financeUkraine #LendingInUkraine #nbu
Ukrainian banks plan to ease lending for businesses and the public. In the third quarter of this year, banks plan to ease lending conditions for small and medium-sized businesses, reported the National Bank of Ukraine. The central bank made this decision in response t... #financeUkraine #LendingInUkraine #LoansUkraine #nbu
J.P. Morgan will support mortgage lending in Ukraine. American banking giant J.P. Morgan, a European subsidiary of the Alvarez & Marsal consulting company, and Ukrfinzhytlo will develop mortgage lending in Ukraine. “The partnership with J.P. Morgan i... #AlvarezMarsal #JPmorgan #LendingInUkraine #MortgagesUkraine #Ukrfinzhitlo
Banks increase lending and ease requirements for borrowers. Banks have significantly improved their expectations regarding the development of lending in Ukraine. In the second quarter bankers predict an increase in demand for retail loans and mortgages most of... #CreditPortfolio #LendingInUkraine #MortgagesUkraine #nbu
The war will restrain the recovery of lending in Ukraine. In the third quarter, banks continued to report a slowdown in lending because of the war, the National Bank of Ukraine said. It is noted that the banks participating in a relevant survey noted a sligh... #LendingInUkraine #LoanPortfolio #nbu
