The Ministry of Finance of Ukraine Updated the Information on the Program “Affordable Mortgage 7%”

Monday, July 19, 2021
1 MIN
The Ministry of Finance of Ukraine Updated the Information on the Program “Affordable Mortgage 7%”

The launch of the “Affordable Mortgage 7%” took place on March 1 at the initiative of president of Ukraine Volodymyr Zelenskyy

Statistic on July 19 of the current year, the authorized banks for the implementation of the state program "Affordable Mortgage 7%" signed 584 loan agreements totaling ₴496,4 million ($17 million), with both primary (20,72%) and secondary (respectively – 79,28%) markets. In total, the authorized banks received 915 applications for participation in the program for a total of ₴788,11 million ($28 million), of which 19,96% is the primary market and 80,04% is the secondary market.

The program involves 23 regions, including the city of Kyiv. According to applications from citizens for loans, the most active regions last week were: 

  • the city of Kyiv (34,1%); 
  • Kyiv region (29,8%);
  • Kharkiv region (6,3%);
  • Lviv region (5,7%);
  • Rivne region (4,1%).

The increase compared to the beginning of last week is:

+ 5% - the number of loans and + 6% - the amount of loans;

+ 4% - the number of applications and + 4% - the amount of applications.

15 authorized banks that have joined the state program continue to improve their own procedures in accordance with the terms of the program, develop information materials for potential borrowers, conduct staff training and more.

 
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