KYIV, Dec 4 – The pace of growth of retail lending in Ukraine in 2019 could be 30-40%, banking industry experts said Tuesday.

"In 2019, consumer loans will remain the main component and driver of growth in the loan portfolio of banks and the main direction of retail lending: they now form more than 80% of all retail loans in hryvnias. The growth rate of retail loans may reach 40%, the most dynamic growth will remain in short term loan segments - up to one year, as well as from one to five years,", Deputy Board Chairman, Director for Retail Business at Credit Dnepr Bank Oleh Pakhomov said.