It is informed that the loan portfolio of businesses increased by UAH 29.5 billion or by 5.7% during the period from February 23 to July 1.
Source. The chairman of the Verkhovna Rada Committee on Finance, Danylo Hetmantsev.
Details. He also notes that, in total, loans to the economy for businesses and people increased by UAH 15.6 billion or by 2.1% during the corresponding period.
“The main factors that support business lending remain the high hryvnia liquidity of the banking system and the state program of preferential lending “5-7-9” with state guarantees to banks that provide loans to SME,” the chairman says.
Hetmantsev emphasizes that during the period from the beginning of the war to July 18, loans in the amount of UAH 40.8 billion were granted under the same program, almost half of which went to support agrarians.
From the same amount, 13.68 billion UAH went for anti-war purposes, 3.18 billion UAH – for refinancing of previously received loans, 3.88 billion UAH – for anti-crisis loans, and 0.65 billion UAH – for investment purposes.
At the same time, the chairman notes that due to the war, the quality of the banks' loans portfolio is deteriorating.
“From March 1 to June 1, the amount of non-performing loans increased by UAH 12.4 billion, and their share increased from 26.6% to 27.6% of the entire loans portfolio. Although before that, this share had been constantly decreasing since the middle of 2017, the main challenges related to the revaluation of deposits and the abilities of borrowers to service loans are still ahead,” Hetmantsev reports.
The politician also adds that due to the war, banks may lose up to 20% of their loans portfolio.