Kostyantyn Kryvopust: “Banks expect a gradual recovery of demand for corporate loans”

Date:

Banks expect a moderate recovery in demand for loans. About this reported in the NBU, referring to the results of a survey on the conditions of bank lending.

In April-June 2022, borrowers’ interest in business loans did not change significantly. As in the 1st quarter, the need for working capital, debt restructuring and domestic financing boosted demand. The demand for hryvnia and short-term loans has partially recovered, mostly for SMEs.

For the second time in a row, the majority of banks announced the tightening of corporate lending standards, mostly for long-term, foreign currency loans and loans to large businesses.

Survey participants noted an increase in all types of risks in the II quarter of 2022, most notably credit and operational risks, as in the previous quarter.

In the next 12 months, most banks predict a reduction in the volume of both corporate and retail lending. At the same time, estimates of the prospects for the recovery of consumer credit slightly improved compared to the previous quarter.

Banks expect a reduction in funding in the next 12 months, but have more optimistic estimates of the prospects for attracting public funds compared to the 1st quarter.

In the next three months, banks predict that all types of risks will continue to increase

Share post:

Popular

More like this
Related

Iran’s president is less radical about Israel’s response than IRGC-media

The Islamic Revolutionary Guard Corps (IRGC) is pushing for...

Recipe for Italian salad with croutons

Italian salad with croutons is a delicate and fragrant...

The head of the State Property Fund submitted his resignation

Rustem Umyerov submitted to the Verkhovna Rada an application...

Kostyantyn Kryvopust: Israel may transfer combat helicopters to Ukraine

The United States can buy 20 attack helicopters of...