Prohibition of foreign currency lending «frozen» mortgage

16.03.2014 01:00
Articles about real estate |  Prohibition of foreign currency lending «frozen» mortgage Prohibition to lend to another except the hryvnia currency, which at one time passed the National Bank of Ukraine, to stabilize the market, but with this "inhibited" mortgage.
This was told by Paul Krapivin , first deputy chairman of the bank " Contract " wrote IAP " Capital estate " .

" Because of the ban lending ( including mortgage ) in foreign currency borrowing costs began to equal the cost of hryvnia resources , which are two , or even more times the cost of foreign currency lending . This, of course , affect the level of interest rates , which were significantly above, making mortgages available to a very small category of people " - said the banker .

Earlier it was reported that bankers inflate mortgage rates .
Content tags: Mortgages
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