2024-04-16T15:16:00+03:00 Economy 2024-05-15T04:05:35+03:00

Ukrainian news

Ukrainian news

Banks' credits to economy up 1.7% to UAH 1,012.229 billion in March

Banks' credits to economy up 1.7% to UAH 1,012.229 billion in March

In March, total credits commercial banks granted to the corporate sector and private persons increased by 1.7% to UAH 1,012.229 billion.

The National Bank announced this in a statement, Ukrainian News Agency reports.

In the year to date, banks' credits to the economy have increased by 1.4% from UAH 997.877 billion.

In March, hryvnia credits of banks to legal entities increased by 1.8% to UAH 523.666 billion.

In March, foreign currency credits of banks to businesses increased by 1.4% to UAH 235.916 billion.

In March, credits of banks to the population increased by 2.1% to UAH 235.650 billion.

Interest rates on hryvnia-denominated loans for businesses in March increased by 0.1 percentage point 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 6.8%.

As Ukrainian News Agency earlier reported, in February, total credits commercial banks granted to the corporate sector and private persons increased by 0.2% to UAH 994.777 billion.

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.