KIEV, March 31 – The increase in consumer crediting through further expansion of foreign liabilities boosts vulnerability of Ukraine's economy, according to the president of the Association of Ukrainian Banks (AUB), Oleksandr Suhonyako.
"Almost all credits taken by the public are going abroad as payments for imports. The impoverished Ukrainian public is financing the leading sectors of developed foreign economies and destroying our own national production," said Suhonyako.
|