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Quarantine forces Ukrainians to take loans more frequently

Source : 112 Ukraine

3/4 of all loans taken in nine months of 2020 were online loans
17:58, 6 January 2021

Open source

Ukrainians started taking loans more frequently during the quarantine period. This was reported by the press service of the National Bank of Ukraine (NBU).

It is reported that citizens prefer loans online rather than visiting branches of financial companies.

"Online loans make almost 3/4 of all loans taken in nine months of 2020 (UAH 24.3 billion out of UAH 33.5 billion)," the statement said.

Related: Upcoming lockdown in January to feel like weekend quarantine, - PM

Currently, 1,414 financial companies, pawnshops, and lessors are functioning in Ukraine.

As we reported earlier, according to Trade Representative Taras Kachka, Ukraine's trade deficit more than halved at the end of 2020 - from 10.22 dollars to 4.9 billion dollars.

"Particularly positive is the more than halving of the trade deficit. From $ 10.22 billion, $ 4.9 billion remains," reads the message.

According to him, the secret of the December figures is the growth of prices for metal and ore all over the world. In addition, due to a reduction in the harvest, physical grain exports in 2020 were lower than in 2019.

Related: Zelensky approves enhancing protection of employers, employees during quarantine

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