In Ukraine, the demand for preferential mortgages from “eOselya” exceeds its capabilities by tens of times
The demand for preferential mortgage loans under the “eOselya” program is ten times greater than its financial capabilities, so it is advisable to expand the scope of financing. About this reported Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, Danylo Hetmantsev.
“E-Oselya” is a successful, but extremely underfunded program, the demand for which is ten times greater than the supply. It is necessary to increase the financing of the program at the expense of ineffective programs of the Ministry of Economy (for example, “cashback”) and other sources”, Hetmantsev noted.
He suggested revising some of the program’s terms, including preferential mortgages for the military.
“It is also necessary to improve the design of the program by eliminating the frankly discriminatory rules on increasing the interest rate for servicemen released to the reserve. It is also necessary to expand the program to mobilized ones.” Hetmantsev added.
In addition, he emphasized the importance of reviving mortgage lending and revitalizing the corporate credit market.
“There is obviously progress in the work, but the volume of the loan portfolio is obviously insufficient and the market is not saturated with cheap loan money.” – emphasized Hetmantsev, announcing future decisions.
We will remind you that since the launch of the “eOselya” program in October 2022, more than 17,000 Ukrainians have taken advantage of preferential mortgages, and the total amount of loans issued has exceeded UAH 28 billion.
