“As of November 25 of the current year, the authorized banks signed 1,135 loan agreements worth UAH 987.06 million under the government program ‘Affordable Mortgage at 7%’, both on the primary (24.46%) and secondary (75.54%) markets,” reads the report.
In general, banks have received 1,573 loan applications worth UAH 1,382.6 million (25.02% on the primary market and 74.98% on the secondary market).
Twenty-four regions and the city of Kyiv have been involved in this program. Last week most active borrowers were registered in the city of Kyiv (33.10%), Kyiv region (31.46%), Lviv region (6.47%), Kharkiv region (6.06%), and Volyn region (3.86%).
As reported by Ukrinform, the government program “Affordable Mortgage at 7%” was launched at the initiative of Ukrainian President Volodymyr Zelensky on March 1, 2021.
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