KIEV, Sept. 11 - The limitations on rates of foreign loans for Ukraine's residents introduced by the National Bank of Ukraine may negatively influence the liquidity of Ukrainian banks and to prompt increase of the interest rates for currency loans, according to leading bankers.
"If it is a banishment, [aimed at] banishing all the foreign loans, then it worked just perfect. If it is a regulative measure - something should be done about it. The rates will equal both for hryvnia and dollar [loans], but not at the lower point. If now the dollar loan costs 12%, it will cost 14% both for hryvnia and dollar," deputy board chairman of Kiev-based Ukrsotsbank Serhiy Manokha said.
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