Banks resume lending to housing in Ukraine

07.06.2011 17:12
Property News | Banks resume lending to housing in Ukraine The construction industry in Ukraine revived by the return of the housing market banks. This was announced today at the conference "Building affordable housing in Ukraine: Myth or Reality?" said First Deputy Chairman of the Verkhovna Rada Committee on Budget Vladislav Lukyanov.

Lukyanov also noted that the current year is the most difficult to segment due to the fact that the return of the external debt of Ukraine intends to send the budget of more than 90 bln. According to him, the burden on the budget later become smaller, and the government will allocate more funds for the construction of budget accommodation.

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"Banks are returning to the market for housing and construction industry is reviving. If there is no second wave of financial crisis in Europe, soon in the real estate market will be all right "- said the deputy.
Content tags: Mortgages Housing
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