Banks’ corporate loan portfolio grew by 2.7% in May – Danylyshyn

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The portfolio of corporate loans of banks in May increased by 2.7%, the chairman of the Council of the National Bank of Ukraine (NBU) Bohdan Danylyshyn wrote on Facebook.

“The total portfolio of corporate loans of banks in the real sector practically did not change in May. At the same time, corporate loans in hryvnia in May increased by 2.7% (+ 11.8 billion UAH), which partially offset the impact of a decrease in corporate loans in foreign currency (-4.3% or – 16.0 billion UAH equivalent) ”, – wrote Danylyshyn.

He noted that similar changes were observed in lending to the population in May, the loan portfolio in hryvnia increased by 3.2% (by UAH 5.8 billion), in foreign currency – decreased by 2.5% (by UAH 0.7 billion in equivalent) in connection with the probable repayment of bad loans of the population in foreign currency.

The increase in the corporate loan portfolio of banks in May is mainly due to the implementation of the state program “Available loans at 5-7-9%”, under which the volume of loans provided by banks in May increased by UAH 8 billion.

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