The total volume of mortgage loans in the banking system as of June 1, 2026, reached 50 billion hryvnia, or about 4% of all loans issued, said Olena Dmitrieva, First Deputy Chair of the Board of Globus Bank, on Wednesday during the analytical panel “Market Analytics for the Construction and Real Estate Sectors for the First Half of 2026,” organized by the Confederation of Builders of Ukraine.
“The real estate market is gradually adapting to the conditions of war, but demand remains highly sensitive to shelling, power outages, and rising construction costs. At the same time, the share of mortgages in the total number of residential purchase and sale transactions still accounts for only about 3%,” noted Olena Dmitrieva.
According to her data, as of June 1, 2026, the total volume of mortgage loans in the banking system reached 50 billion hryvnia, or about 4% of all loans issued. Over the past year, banks’ mortgage portfolios have grown by 35%, while the total loan portfolio increased by approximately 10%.
She also emphasized that approximately 42,000 Ukrainian families currently hold mortgage loans, representing only 0.4% of the total number of households. The share of non-performing loans in this segment stands at 12%, primarily due to older foreign-currency loans.
At the same time, the number of new mortgage loans has not yet returned to pre-war levels. In 2025, banks issued about 77% of the number of loans granted in 2021.
“Mortgage portfolios are indeed growing much faster than the credit market as a whole. However, the main driving force behind this growth remains ‘eOselya.’ Without government support, the scale of mortgage lending would be significantly smaller,” Dmytrieva emphasized.
On average, banks issue about 207 loans per month secured by property rights to apartments in buildings under construction, as well as about 238 loans for the purchase of completed housing from developers. Thanks to these two areas of mortgage lending, construction companies receive about 884 million UAH, or approximately $20 million, each month.
Since the “eOselya” program began, about 28,000 loans have been issued for a total of 49 billion UAH. Currently, it accounts for 93% of all new mortgage loans in Ukraine.
Globus Bank was founded in 2007. As of January 2026, its regional network comprises 34 branches, 29 of which are part of the Power Banking network, enabling operations even during power outages.
Its priority areas of activity include lending for energy-efficient projects, mortgage lending in the primary market, auto loans, and lending to small and medium-sized businesses.
Serhiy Mamedov, Chairman of the Board of Globus Bank, is Vice President of the Confederation of Builders of Ukraine and Vice President of the Association of Ukrainian Banks.
