Ukrainian banks in June 2024 issued 607 mortgages totaling UAH 1 billion.
The National Bank announced this with reference to the data of the monthly survey of banks on mortgage loans, Ukrainian News Agency reports.
The volume of mortgage loans provided to the population in June 2024 decreased by 41.5% compared to the previous month (May 2024), at the same time, it exceeded the figure for the same period last year (June 2023) by 34.3% times.
11 banks that credited housing purchases informed about the issuance of a new mortgage in June.
Most of the deals were still in the secondary real estate market.
The driver of the mortgage segment remains preferential lending within the framework of the eOselia (eHome) program (almost all loans during the year were provided within the framework of the program).
The weighted average effective mortgage rate in June for the second month remained at the same level - 7.6% per annum.
In the regional context, most mortgage loans in June were issued in the city of Kyiv and the Kyiv Region - 274 contracts totaling UAH 517.8 million (51% of the total), Lviv Region (29 contracts for UAH 63 million), Dnipropetrovsk Region (32 contracts for UAH 42 million), and Vinnytsia Region (26 for UAH 41 million).
In a June 2024 survey, 38 banks provided responses with a 98.9% share of the total gross mortgage portfolio at the end of 2021.
As Ukrainian News Agency earlier reported, Ukrainian banks in 2023 issued 6,114 mortgages totaling UAH 9.1 billion. The volume of mortgage loans provided to the population in 2023 increased almost fivefold compared to the previous year, and the number of transactions tripled.
In 2022, the number of mortgages fell by 5.3 times to 2,009, with 2/3 of the loans issued before the outbreak of the pandemic.
Banks in 2022 issued 2,009 mortgages totaling UAH 1.96 billion.
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