Businesses and housholds have been increasing the volume of loans in hryvnia for more than a year, and rates have decreased to 2019’s level. In the second quarter, the net hryvnia commercial credit portfolio increased by 20.5% year-on-year, according to the National Bank. Business lending accelerated in all groups of banks, especially in t... #Finance #LoansUkraine
The state continues to accumulate debts to banks for compensation under the 5-7-9 soft loan program. The top manager of OTP Bank, Volodymyr Mudryi, said that in 2023, ₴16 billion was set aside in the state budget to compensate banks for rates issued under the Affordable Loans 5-7-9 program. The year ... #5-7-9loanprogram #AffordableLoans #LoansUkraine #OTPbank #SupportBusiness
Ukrainian businesses increased the volume of soft loans by 34% over the year. The total volume of loans granted under the Affordable Loans 5-7-9% program increased by 2% in the fourth quarter of 2023 and by 34% for the entire year, according to the Banking Sector Review for Feb... #5-7-9loanprogram #AffordableLoans #CreditPortfolio #financeUkraine #LoansUkraine #nbu
Last year, the amount of mortgage loans issued in Ukraine increased by 400%. In 2023, Ukrainian banks issued 6,114 mortgage loans for a total of ₴9.1B. According to a National Bank survey, the volume of consumer mortgage loans increased almost fivefold in 2023 compared to the ... #eOselya #LoansUkraine #MortgagesUkraine #nbu #UkrainianBanks
The banking sector expects loan portfolios to grow during the year. According to the results of a quarterly NBU survey on lending conditions, improvement in the main indicators continues to be observed – most respondents expect an increase in lending to enterpri... #financeUkraine #LoanPortfolio #LoansUkraine #MortgagesUkraine #nbu
The National Bank predicts that loans will become cheaper. After the discount rate’s reduction to 15% in December, loans in Ukraine are likely to become cheaper, according to Deputy Chairman of the NBU Serhiy Nikolaychuk. As he explained, loan rates depend ma... #financeUkraine #LoansUkraine #nbu #SerhiiNikolaychuk #UkraineDeposits
In Ukraine, the yield on deposits has increased, but loans have become more expensive. In December 2023, the average bank interest rate on new consumer hryvnia deposits amounted to 11.7% per annum. A year ago, the figure was 8.2%, NBU data shows. Rates on new consumer deposits in forei... #BankDepositsinUkraine #financeUkraine #HryvniaDeposits #LoansUkraine #nbu
Due to the war, the share of non-performing business loans increased to 44%. According to the NBU, since the beginning of the full-scale invasion, the share of NPL in the banking sector had risen to 44% at the beginning of October 2023, and their volume reached ₴359B. “Two rea... #financeUkraine #LoansUkraine #nbu #NPL #NPLukraine
Preferential loans for businesses will cost the state ₴5B this year. The state’s debt to banks for interest compensation under the 5-7-9% Affordable Loans program will reach ₴5B by the end of the year, the head of the parliament’s finance committee, Danylo ... #5-7-9loanprogram #AffordableLoansUkraine #DanyloHetmantsev #financeUkraine #LoansUkraine
The popularity of microcredits is growing in Ukraine. As well, there is a decrease in the average loan amount, reported Opendatabot. In the first half of the year, 3.8 million microloans were issued for a total of UAH 18.4B. For comparison, in 2022 Ukrai... #financeUkraine #LoansUkraine #MicroCrediting
The volume bad loans decreased by UAH 7B in the year’s first half. The amount of non-performing loans (NPL) in the banking sector as of July 1, 2023, was UAH 425B, which is UAH 7B lower than the figure on January 1, reported the National Bank. At the same time, the s... #BankLoans #LoansUkraine #nbu #NPL
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
The number of loans taken out with state guarantees doubled in June. In June, banks issued 2,116 loans under the state guarantee program on a portfolio basis, which is over 100%, or 1,129 loans, more than in May, reported the Ministry of Finance. The volume of issued l... #CreditPortfolio #financeUkraine #LoansUkraine
The volume of non-performing loans in banks decreased by UAH 7B. The share of non-performing loans (NPL) in the banking sector fell to 39.1% on June 1 compared to 39.3% at the beginning of May, reported the press service of National Bank. In May, the volume of non-... #BankLoans #CreditPortfolio #LoansUkraine #nbu #NPLukraine
The NBU revises its forecast for credit losses from 30% to 20% due to the war. According to National Bank, this year, banks have sharply reduced the formation of reserves after showing significant losses from credit risk last year. Since the war began, banks have suffered losses... #CreditRisk #LoanPortfolio #LoansUkraine #nbu #NPLukraine
The yield on deposits and loan rates in Ukraine have increased. In February 2023 average bank interest rate on new hryvnia deposits increased to 10.8% per annum from 10.6% a month earlier. According to the NBU, rates on new deposits in foreign currency for Ukraini... #LoanPortfolio #LoansUkraine #UkraineDeposits
The number of mortgage loans issued in Ukraine for three quarters of the year doubled – up to 7 500 for UAH 6.1 bln ($225 mln). The total volume of the state program of preferential mortgages with lower interest rates recorded only 1287 applications and issued 903 loans worth UAH... #LoansUkraine #MortgagesUkraine #UkraineHouseLoans
The state program “Affordable Loans 5-7-9%” continues to grow . Just in a week, the program issued 480 loans totaling UAH 1.2 billion, reported gov.ua. Since the start of “5-7-9%”, representatives of micro, small and medium enterprises (SMEs) have re... #AffordableLoansUkraine #LoansforBusiness #LoansUkraine
Banks issued affordable loans worth UAH 1.3B last week. Last week authorized banks issued 439 loans for a total sum of UAH 1.3 billion ($48 mln) under the government’s program “Affordable Loans at 5-7-9%”. Since the start of the program, authorized b... #AffordableLoansinUkraine #LoansUkraine #LowinterestsLoansUkraine
