The National Bank of Ukraine (NBU) has published a mortgage lending strategy that was approved by the Financial Stability Council and the NBU Board. This plan aims to strengthen market mechanisms and improve housing affordability for citizens. The strategy includes measures to ensure transparency in lending practices and promote responsible mortgage financing.
Experts believe that this initiative could have a significant impact on the Ukrainian real estate market. By making housing more affordable, the NBU hopes to stimulate demand and support economic growth. The strategy also outlines plans to monitor and regulate the mortgage market to prevent potential risks.
Financing for this initiative will come from various sources, including government-backed programs and private sector investments. The NBU has emphasized the importance of collaboration between regulatory bodies and financial institutions to ensure the success of the plan.
Commenting on the strategy, a senior NBU official stated, “This plan is a crucial step in our efforts to create a stable and sustainable mortgage market.” The announcement comes at a time when the Ukrainian economy is facing both challenges and opportunities in the financial sector.