Page 50 - UKRRptFeb21

8.1.2​ Loans
Average borrowing costs for businesses dropped by 45% over the last year,​ Kyrylo Shevchenko, Governor of the Central Bank, told reporters in January. “As for the cost of loans for businesses in the national currency, the rates decreased from 14.8% in December 2019 to 8.2% in December 2020,” he said. “For example, the cost of mortgage loans decreased from 19.6% in December 2019 to 12.1% in December 2020.”
50​ UKRAINE Country Report​ February 2021 ​ ​www.intellinews.com