Business news from Ukraine

PRESIDENT OF UKRAINE: THIS YEAR UKRAINIANS WILL BE ABLE TO GET AFFORDABLE MORTGAGE AT 7%

29 January , 2021  

President of Ukraine Volodymyr Zelensky has reported on the fulfillment of his election promise: this year Ukrainians will be able to get an affordable mortgage for housing at 7%.

“We promised to do everything in the program to make young Ukrainian families have a headache from just one question: what to choose – an apartment in the city or a country house,” the head of state recalled in a video message posted on his Facebook page on Friday morning. He noted that an important step has been taken this week on the way to this – the mortgage available for Ukrainians was launched at 7% per annum.

He noted that an important step has been taken this week on the way to this – the mortgage available for Ukrainians was launched at 7% per annum.

“I think this is a great victory. When someone tells you that in his time the indicators in the country were higher, he is not lying in this sense. Because two years ago the average mortgage rate in Ukraine was 21%. Now it will be seven. And already this year, Ukrainians – and, by the way, this applies not only to young families, but also to all our citizens – and so, this year they will be able to get an affordable mortgage for housing at 7%,” Zelensky said.

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