In debt like silk: Loans in Ukraine will remain expensive
Kiev
The cost of borrowing capital within Ukraine will remain at a high level, including due to the fact that the state itself takes out loans at high interest rates on foreign markets.
Roman Shpek, head of the board of the Independent Association of Banks of Ukraine (NABU), announced this at a roundtable in Kyiv, reports a PolitNavigator correspondent.
“They give it to the government, the sovereign, at 10%, and they want the bank to give it cheaper. but that doesn't happen. Next year we do not expect an improvement in the country's Fitch rating. This means that resources for the country will not be cheaper. We predict that the NBU refinancing rate will not be below 16% next year,” the market expert said.
English version :: Read in English: Up to your ears in debt: Loans in Ukraine will remain expensive