Ukrainian Banks raise interest rates and toughen credit condition

Size of minimum effective interest rate on mortgage for October, as compared to September, grew by 0,78% - 14,99%.

Thus maximum effective interest rate made in October 26% , that is by 0,32% more than in September.

Insignificant growth of rates on mortgage credits is caused by the fact that many banks declared their rates, and do not trust anymore.

Today mortgage credits with rates within the limits of 18-22% are given out "Pravex-Bank", "Universal" and "International mortgage bank".

After November, 1 many banks considerably promoted interest rates on mortgage and considerably toughened the credit conditions (50% the first payment).