UKRAINIAN INDEX
OF EFFECTIVE INTEREST RATES
ON CONSUMER LOANS FOR INDIVIDUALS
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All Credit News

CREDITMARKET INDEX - UKRAINIAN INDEX OF EFFECTIVE INTEREST RATES ON CONSUMER LOANS FOR INDIVIDUALS

Ukrainian banks boost deposits against decreasing credits in portfolios

Credit portfolios are growing gradually in the Ukrainian banking system. In absolute terms, however, they have not reached the level of 1 January 2012 yet.

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Cannibalism, partnerships, and other relationships between banks and financial institutions

The Open Finance concept, when one financial institution is involved in selling other institutions’ products within its chain, has been very specifically implemented in Ukraine. It’s so special that any lack of attention to the other party’s details may result in disastrous impacts on the customer base.

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Ukrainian banks reported losses following the results of September

According to September results, income of the Ukrainian banking system decreased by 3.39% compared to August, and expenses increased by 2.68%. As a result, the system has shown UAH 118 mln. losses against UAH 652 mln. profit in August.

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Unsecured consumer lending market boiling hot

All signs of boiling are evident in the unsecured consumer lending market. However, only few market participants realize this fact…

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Income, expenses and profit of the Ukrainian banks decreased following the results of August

According to the August results, the Ukrainian banking system’s income decreased by 3.42% compared to July, and expenses decreased by 3.37%. The August income reached UAH 652 mln. compared to UAH 683 mln. in July and UAH 335 mln. loss in June.

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