2024-08-16T15:22:00+03:00 Economy 2024-09-15T04:09:23+03:00

Ukrainian news

Volume of bank loans to economy up 1.8% to UAH 1,077.3 billion in July

Volume of bank loans to economy up 1.8% to UAH 1,077.3 billion in July

According to operational data of the National Bank, the volume of loans issued by commercial banks to the corporate sector and individuals increased by 1.8% to UAH 1,077.325 billion in July.

This follows from a statement by the National Bank, the Ukrainian News agency reports.

Since the beginning of the year, the volume of loans in the economy has increased by 8% from UAH 997.877 billion.

The volume of hryvnia loans to legal entities for the reporting month increased by 1.1% to UAH 557.569 billion.

The volume of loans issued to businesses in foreign currency increased by 3% to UAH 246.431 billion.

The volume of loans issued to the population during the reporting period increased by 2.6% to UAH 258.098 billion.

In July, interest rates on hryvnia loans for businesses increased by 1.31 percentage points to 16.5%, for the population decreased by 0.1 pp. up to 34%.

For foreign currency loans, business rates were 7.4%.

As the Ukrainian News agency earlier reported, for 2023, the volume of loans in the economy decreased by 1% from UAH 1,007.648 billion.

In 2022, the volume of loans in the economy decreased by 3.5% from UAH 1,044.049 billion.

In 2021, the volume of loans in the economy increased by 10% from UAH 948.386 billion to UAH 1,043.694 billion.