Oschadbank issues mortgage loans for UAH 450M in nine months

Oschadbank issues mortgage loans for UAH 450M in nine months

Oschadbank issued more than 800 mortgage loans worth over UAH 450 million in January-September 2020, the bank's press service has reported.

In the third quarter alone, Oschadbank's clients received more than 400 loans worth UAH 240 million, the report said.

"Since the beginning of this year, we have already invested almost half a billion hryvnias in the housing of our clients, and the third quarter has been the most successful. In September alone, our clients received about 170 loans worth over UAH 93 million," Deputy Chairman of the Board of Oschadbank Anton Tiutiun said.

Oschadbank received UAH 4.44 billion in net profit in January-August 2020. The bank developed lending in the retail segment, where the loan portfolio grew by over UAH 1 billion, and in the micro, small and medium business segment, where loans worth UAH 2.2 billion were provided.


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