KYIV, Dec 18 – Recovery in mortgage lending is hindered by a moratorium on taking liens, non-transparency of the primary housing market and the fragility of the right of investors, according to the Financial Stability Report of the National Bank of Ukraine (NBU).
"The market needs to be made, on the one hand, more transparent, and on the other, it needs to be regulated in such a way that banks are comfortable lending to primary housing, ensuring the rights of lenders," First Deputy Governor of the NBU Kateryna Rozhkova said during the presentation of the regulator's report in Kyiv on Tuesday.
|