In the third quarter of hryvnia corporate loans increased by 4.8% or nearly 20 billion UAH. This was reported on the website of the National Bank of Ukraine (NBU).
“If earlier the growth of loans in local currency was mainly due to the restructuring of old foreign currency loans, in the third quarter, banks granted new short-term loans to strategic enterprises (state-owned banks) and companies with foreign investments (foreign banks),” – notes the regulator.
According to the NBU, business lending has increased all groups of banks except PrivatBank, retail – all groups without exception.
In General, during the reporting period, retail loans in the national currency increased by 9.5% or 7,8 billion UAH.
NBU predicts that in the absence of significant negative shocks, the financial institution will expedite the lending business, and increasingly are issuing loans to the population.
The results of the latest survey of credit conditions (October 2017) testify to the unchanging plans of the faster banks to lend to corporations and households, the national Bank noted.