KIEV, Sept. 18 – The lending situation in Ukraine could improve after the realization of measures aimed at bolstering demand in the country, according to Petro Poroshenko, the head of the Council of National Bank of Ukraine.
"At present, there is no one to whom the banking system can issue credits - there are no reliable borrowers. Businesses can get credits, but they can't sell goods, as there is no demand for products… Cheap and accessible credits will appear when we bolster demand and cut the pressure on business," he said at a meeting devoted to economic issues chaired by President Viktor Yuschenko.
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