Ukrainian banks in May 2023 issued 41 mortgages totaling UAH 322.5 million.
This is evidenced by the results of a monthly survey of banks on the volume of mortgage loans provided to the population, Ukrainian News Agency reports.
This is six times more than in April, in terms of the number and in terms of volumes, primarily due to the resumption of preferential lending within the framework of the eOselya (eHome) program.
In April, 4 banks informed about the issuance of a new mortgage, which mainly credited under the state lending support programs in the secondary real estate market.
The weighted average effective mortgage rate was 8.05% in May (14.6% in April).
In the regional context, the largest number of mortgage loans in May was issued in Kyiv and the Kyiv Region - 103 contracts were concluded for a total amount of UAH 164.4 million (51% of the total).
In a June 2023 survey, 26 banks provided responses with a 94.9% share of the gross mortgage portfolio at the end of 2021.
As Ukrainian News Agency earlier reported, banks in April 2023 issued 41 mortgages totaling UAH 50.1 million.
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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