In February, total credits commercial banks granted to the corporate sector and private persons increased by 0.2% to UAH 994.777 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 0.3% from UAH 997.877 billion.
In February, hryvnia credits of banks to legal entities increased by 0.5% to UAH 514.759 billion.
In February, foreign currency credits of banks to businesses decreased by 1.1% to UAH 232.572 billion.
In February, credits of banks to the population increased by 1% to UAH 230.222 billion.
Interest rates on hryvnia-denominated loans for businesses in February decreased by 1.5 percentage points to 16.6%, and for the population, they fell by 0.1 p.p. to 34.5%.
The interest rates for businesses on foreign currency-denominated loans made 6.7%.
As Ukrainian News Agency earlier reported, in 2023, banks' credits to the economy decreased by 1% from UAH 1,007.648 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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