This was reported on Telegram by the head of the parliamentary financial committee, Daniil Getmantsev.
Loans in hryvnias increased by 14.1% (+102.3 billion UAH) to 828.7 billion UAH, while loans in foreign currency decreased by 5.7% (-$0.38 billion) to $6.28 billion.
The growth rate of hryvnia lending in the corporate sector was 2.5 times lower than in the retail segment. Throughout 2024, loans in hryvnias to enterprises rose by 9.8% (+50.6 billion UAH), while loans to the population increased by 24.5% (+51.7 billion UAH). Considering the decline in foreign currency lending, the growth rate of the loan portfolio in all currencies in the corporate sector was nearly three times lower than that in retail.
Interest rates on new hryvnia loans for businesses (excluding overdrafts) showed a downward trend. The average rate for the year decreased from 19.3% in 2023 to 15.8% in 2024. However, by the end of the year, against the backdrop of rising inflation and the NBU's discount rate, the interest rate on new hryvnia loans for businesses increased from 14.4% to 14.7%. Rates on retail loans (for individuals) remained stable throughout the year at 34%.
