Financial News and Economical Crisis

for Ukrainian banks today remain on the main issues involved in dealing with problem debts. This opinion was expressed by deputy chairman of the board “Brokbiznesbank Natalia Syniavska.

According to her, significant changes since the beginning of the year on the mf7darket lending to individuals has not happened. The number of banks offering credit products to individuals, remains small, the expert said.

According N. Syniavska, today the conditions on loans for consumer purposes are: currency - the hryvnia, the loan amount to 15 000 UAH., term - 1 year, the real interest rate with all the commissions range from 48.32% to 62,0% per annum, experts said. She also noted that the conditions of banks for loans on cars now are: a period of 2 to 5 years at an interest rate of 20,49-30,0% per annum, with the advance payments of at least 30% of the value of the car.

expert stressed that the mortgages currently offered mainly by the acquisition of the mortgaged property by the bad loans with a term of 1 to 20 years, the interest rate 26,00-30,0% per annum, or property, already put into operation (term - from 1 to 20 years, the real interest rate 28,0-30,1% per annum).

“This trend has continued due to the fact that banks prefer to lend to the least risky borrowers, from the standpoint of the bank, as well as borrowers with good credit history and high purchasing power,” - N. confident Syniavska.

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