According to current data of the National Bank of Ukraine (NBU), in October, total credits commercial banks granted to the corporate sector and private persons increased by 2.1% from UAH 990.845 billion as at October 1 to UAH 1,011.615 billion as at November 1.
The NBU announced this in a statement, Ukrainian News Agency reports.
In the year to date, banks' credits to the economy have decreased by 5.7% from UAH 1,073.1 billion.
In October, hryvnia credits of banks to legal entities increased by 0.1% to UAH 454.4 billion.
Foreign currency credits of banks to businesses increased by 4.8% from UAH 327.1 billion as at October 1 to UAH 342.7 billion as at November 1.
In October, credits to the population rose by 2% to UAH 210.8 billion.
In October, interest rates on the hryvnia credits for business decreased by 0.7 p.p. to 17% and for the population rose by 0.2 p.p. to 36.1%.
In October, interest rates for foreign currency credits for business decreased by 0.5 p.p. to 4.3%.
As Ukrainian News Agency earlier reported, in 2018, the volume of credits to economy rose by 5.9% from UAH 1,016.7 billion.
In 2017, banks' credits to the economy have increased by 1.8% from UAH 998.7 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.