banker explained what will happen to loans and deposits of Ukrainians – UNIAN
The weighted average rates on loans for small and medium-sized businesses are 17.7%.
The National Bank's increase in the discount rate from 13% to 13.5% is unlikely to affect the increase in interest rates on loans and deposits. This opinion was expressed in a commentary to UNIAN by Dmitry Zamotaev, director of the retail business department of Globus Bank.
According to him, the change in the discount rate came as a certain surprise, although discussions about such a need took place back in November.
“In essence, to effectively curb inflation, along with foreign exchange interventions, the strengthening of the hryvnia through the discount rate was chosen. We can assume that the increased discount rate will allow the regulator to slightly reduce the volume of foreign exchange interventions while curbing inflation…
