NBU advocates for increased government funding of the compensation rates on loans for housing

22.09.2011 12:42
Property News | NBU advocates for increased government funding of the compensation rates on loans for housing National Bank of Ukraine (NBU) advocates for increased public funding of the compensation rates for loans in the housing sector, said the director of foreign exchange reserves and management of open market operations by the NBU Alexander Dubihvost. "The volume there (in the draft state budget for 2012 - ed.) Small (on the compensation rates - IF). When he would go in the first and second reading will need to think about how to increase them ... This is a good mechanism for cheaper credit and run the market, "- he said at a news conference on Wednesday.

At the same official noted that in Ukraine there is a huge pent-up demand for housing: in the queue for housing are 1.2 million citizens.

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Interfax-Ukraine
Content tags: Mortgages Housing
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