UKRAINIAN INDEX
OF EFFECTIVE INTEREST RATES
ON CONSUMER LOANS FOR INDIVIDUALS
Russian (CIS)English (United Kingdom)
Experts
New Publication:
New Publication:
New Publication:
Publications Calendar
< 06/2017 >
Mo Tu We Th Fr Sa Su
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30    
 


CreditMarket Index: a mean effective rate on credits for home appliances and electronics skyrocketed to 139.02% again

CreditMarket Consumer Loan Index went up sharply to 139.02% against 121.85% recorded on 27 June 2012 (an effective rate on credits for home appliances and electronics per annum, in UAH). The information is as of 11 July 2012.

Denis Rakovsky, Sales Director at KreditMarket: “An effective rate on credits for home appliances and electronics which stood still at 212.85% after a sharp decrease in the mid-June has skyrocketed by 17.17 p. p. to 139.02%. It’s the highest CreditMarket Consumer Loan Index point fixed within the year of calculation. It approximates the value of 139.1% recorded in April. It’s notable that a jump started from the lowest Index point (121.85%) fixed at the beginning of calculation (since July 2011) and passed by intermediate values. Since the previous calculation two banks from our CreditMarket Consumer Loan Index list (Alfa-Bank and UkrSibBank) have changed the terms on consumer loans: they increased a monthly loan service fee. As a result, it significantly affected the mean effective rate.

We are inclined to consider a current rise of CreditMarket Consumer Loan Index as a result of the significant deficiency of UAH resources in the Ukrainian loan market.

In the mid-term we assume that the mean effective rate on credits for home appliances and electronics may vary markedly. On the one hand, the market situation favors this segment growth, strengthening of the competition and, as a result, decreasing cost of loans. On the other hand, a lack of resources in the market will lead to their appreciation. Mean effective rates will vary subject to prevalence of one of these factors.”

Information

CreditMarket Consumer Loan Index is calculated on the basis of credits granted for the purchase of durable goods for a period of one year. Promotional offers subsidized by the sellers are excluded. No collateral. The redemption scheme - annuity, in case of no offers – a serial loan. Currency – UAH. Amount – UAH4,000.

Index Values History

DateValue 
22.02.2017 106.18%
09.01.2017 110.74%
07.12.2016 110.74%
11.11.2016 110.74%
10.10.2016 117.24%
08.09.2016 118.54%
28.08.2016 110.74%
26.07.2016 110.74%
23.06.2016 110.74%
11.05.2016 116.96%
20.04.2016 116.96%
08.03.2016 116.96%
08.02.2016 116.96%
16.01.2016 116.96%
07.12.2015 121.50%
05.11.2015 112.42%
02.10.2015 112.42%
04.09.2015 112.42%
03.08.2015 112.42%
07.07.2015 112.42%
05.06.2015 112.42%
05.05.2015 85.15%
06.04.2015 81.24%
05.03.2015 81.24%
05.02.2015 79.95%
30.01.2015 85.15%
30.12.2014 98.33%
28.11.2014 107.33%
31.10.2014 107.33%
30.09.2014 107.33%
31.08.2014 107.33%
16.06.2014 108.49%
17.03.2014 124.84%
15.02.2014 124.34%
15.01.2014 124.33%
12.12.2013 124.33%
12.11.2013 124.33%
17.09.2013 123.90%
15.08.2013 124.33%
16.07.2013 129.14%
02.07.2013 129.14%
19.06.2013 129.14%
04.06.2013 129.14%
21.05.2013 124.33%
30.04.2013 124.33%
16.04.2013 124.33%
02.04.2013 124.33%
19.03.2013 124.33%
04.03.2013 124.33%
18.02.2013 124.33%
04.02.2013 124.33%
22.01.2013 124.33%
27.12.2012 129.14%
12.12.2012 129.14%
28.11.2012 129.14%
14.11.2012 129.14%
31.10.2012 129.14%
17.10.2012 139.02%
03.10.2012 139.02%
19.09.2012 139.02%
05.09.2012 141.21%
22.08.2012 142.77%
08.08.2012 139.02%
25.07.2012 139.02%
11.07.2012 139.02%
27.06.2012 121.85%
13.06.2012 121.85%
30.05.2012 134.61%
16.05.2012 134.61%
04.05.2012 134.61%
19.04.2012 139.01%
04.04.2012 139.01%
21.03.2012 127.04%
07.03.2012 127.04%
22.02.2012 127.04%
08.02.2012 127.04%
25.01.2012 121.85%
11.01.2012 127.04%
28.12.2011 128.73%
14.12.2011 127.04%
30.11.2011 127.04%
16.11.2011 127.04%
02.11.2011 127.04%
19.10.2011 127.04%
05.10.2011 127.04%
21.09.2011 125.41%
07.09.2011 125.41%
25.08.2011 125.41%
10.08.2011 127.04%
27.07.2011 127.04%
14.07.2011 127.04%
06.07.2011 127.04%
 

 

 
Share: