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8.1.2 Loans
The crisis started to have an impact on bank loans as companies took credit in April as the coronacrisis broke to shore up their books and reversing a trend of falling commercial credit by corporates that has been in place since the start of 2019. Corporates took out UAH913,221mn worth of loans in April, but by May the volume of credits was falling again.
51 UKRAINE Country Report July 2020 www.intellinews.com