Commercial banks should reduce interest rates on loans in order to strengthen the investment and innovation development of Ukraine, Ukrainian Prime Minister Mykola Azarov said at a visiting meeting of the Council of Regions in Bucha, Kyiv region, on Thursday, UKRINFORM reported.

"I am satisfied with cooperation with the National Bank of Ukraine, but commercial banks should reduce their interest rates on loans. A reduction in loan interest rates is required for investment and innovation development," the prime minister said.

Azarov also noted that interest loan rates totaled on average 13.2%. The head of government called on National Bank of Ukraine Governor Volodymyr Stelmakh to demonstrate a more active position on this matter.


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