During the last quarter of 2024, interest rates on loans for individuals in banks in our country varied within 28 percent per annum, but soon increased (after adjusting the NBU key rate).
11 0
Photo – gettyimages.com
As NBN reports with reference to analytical material published on the official website of the National Bank of Ukraine (NBU), domestic financial institutions have actually maintained fairly high lending rates for the population over the past few months.
According to the data of the bank-regulator (NBU), in February the average interest rates of financial institutions providing new hryvnia loans to the population amounted to 35 percent per annum, which is slightly lower than recorded a month earlier, when the same indicator was set at 35.1 percent. It should be noted that such a barely noticeable dynamic affected only the population, since banks significantly reduced similar rates in national currency for the business sector – from 16.6 percent to 15.4 percent per annum.
Photo — bank.gov.ua
In addition, the volume of the bank loan portfolio for the population increased by 0.8 percent (to UAH 282 billion), while for the business sector it decreased by 1.8 percent (to UAH 828 billion).
Photo — bank.gov.ua
Earlier, our information portal wrote that the NBU announced the conditions under which the hryvnia exchange rate would be “pegged” to the euro, and not the dollar.