• News
  • Economy
  • Volume of bank loans to economy down 0.1% to UAH 1,103 billion in October
1146

Volume of bank loans to economy down 0.1% to UAH 1,103 billion in October

According to operational data of the National Bank, the volume of loans issued by commercial banks to the corporate sector and individuals decreased by 0.1% to UAH 1,103.325 billion in October.

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

Since the beginning of the year, the volume of loans to the economy has increased by 10.6% from UAH 997.877 billion.

The volume of hryvnia loans to legal entities for the reporting month decreased by 0.6% to UAH 572.483 billion.

ADVERTISING

The volume of loans issued to businesses in foreign currency decreased by 0.3% to UAH 245.630 billion.

The volume of loans issued to the population during the reporting period increased by 1.2% to UAH 271.564 billion.

In October, interest rates on hryvnia loans for businesses increased by 0.7 percentage point to 15.4%, for the population increased by 0.2 pp. up to 34%.

For foreign currency loans, business rates were 6.3%.

ADVERTISING

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

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

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

Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.

To request a correction, please send an email.