In November, total credits commercial banks granted to the corporate sector and private persons increased by 1.6% to UAH 995.231 billion.
The National Bank announced this in a statement, Ukrainian News Agency reports.
In the year to date, banks' credits to the economy have decreased by 1.2% from UAH 1,007.648 billion.
In November, hryvnia credits of banks to legal entities increased by 1.4% to UAH 515.886 billion.
In November, foreign currency credits of banks to businesses increased by 1.4% to UAH 235.314 billion.
In November, credits of banks to the population increased by 2.8% to UAH 225.864 billion.
Interest rates on hryvnia-denominated loans for businesses in November decreased by 1.2 percentage point to 17.7%, and for the population, they fell by 1.4 p.p. to 33.4%.
The interest rates for businesses on foreign currency-denominated loans made 7%.
As Ukrainian News Agency earlier reported, in October, total credits commercial banks granted to the corporate sector and private persons increased by 0.4% to UAH 979.141 billion.
In 2022, banks' credits to the economy decreased by 3.5% from UAH 1,044.049 billion.
In 2021, total credits commercial banks granted to the corporate sector and private persons increased by 10% from UAH 948.386 billion to UAH 1,043.694 billion.
In 2020, the volume of loans to the economy fell by 2.3% from UAH 971.871 billion.
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