Page 49 - UKRRptDec22

8.1.2 Loans
Loans for Ukrainians have become more expensive, but the yield on deposits has not changed. In October, the average interest rates on new bank loans in hryvnia amounted to 37.8% per annum. Interest rates increased by 1.6% compared to the previous month, reported the NBU. Interest rates on new consumer loans in foreign currency fell from 4.7% to 4.2% per annum. Interest rates on commercial hryvnia loans decreased from 19.8% to 19.7% per annum, and foreign currency loan rates increased from 5.5% to 6%. Bank credit portfolios decreased by 1.3% to UAH 1,054B. The average bank interest rate on new hryvnia consumer savings deposits amounted to 9.2% per annum. Compared to September, rates increased by 0.1%. Interest rates on new consumer savings accounts in foreign currency fell by 0.1%, up to 0.7%. Interest rates on commercial hryvnia savings accounts for enterprises fell from 9.3% to 9.2% per annum, and foreign currency account rates increased from 1.2% to 1.4% per annum.
8.1.2 NPLs
NPLs % of loan book
Jun 18
Jun 19
Jun 20
ratio of non-performing loans, %
56.05
51.3
49.62
incl. banks:
with state participation, of which:
71.83
66.03
64.79
PrivatBank
85.07
81.63
79.27
state banks ex-PrivatBank
60.14
52.13
51.05
Foreign owned
42.83
37.4
34.25
Privately owned
25.05
21.68
19.57
Insolvent
58.38
0
0
Source: NBU
8.1.4 Bank news
Ukraine’s central bank revokes licenses from a credit union and a financial company. The credit union – Ukrainian Savings Center – and the financial company – Primary Capital Financial Company LLC – are accused of noncompliance with an unscheduled inspection by the National Bank of Ukraine in October. “Persons authorized to represent the interests of the credit union and the financial company were absent on the day of the inspection,” the NBU stated.
49 UKRAINE Country Report December 2022 www.intellinews.com