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Businesses more actively paid off foreign currency loans in January

According to operational data of the National Bank of Ukraine (NBU), the volume of loans issued by commercial banks to the corporate sector and individuals decreased by 0.5% to UAH 993.120 billion in January.

This is stated in the notification of the NBU, Ukrainian News Agency reports.

In 2023, the volume of loans in the economy decreased by 1% from UAH 1,007.648 billion.

The volume of hryvnia loans to legal entities for the reporting month decreased by 0.7% to UAH 512.345 billion.

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The volume of loans issued to businesses in foreign currency decreased by 2.2% to UAH 235.757 billion.

The amount of loans issued to the population during the reporting period increased by 2.1% to UAH 227.305 billion.

In January, interest rates on hryvnia loans for businesses increased by 0.6 percentage points to 18.1%, for the population - increased by 0.9 percentage points to 34.6%.

For foreign currency loans, interest rates for business were 6.7%.

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As Ukrainian News Agency earlier reported, for 2022, the volume of loans in the economy decreased by 3.5% from UAH 1,044.049 billion.

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

In 2020, the volume of loans in the economy decreased by 2.3% from UAH 971.871 billion.

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