Drawing on the best practices of central banks, the National Bank of Ukraine has been conducting the lending surveys of commercial banks for the assessment of credit conditions since the fourth quarter of 2011. The quarterly survey results are published for the first time.

The surveys are conducted to deepen an understanding of the trends and developments in the lending market in Ukraine.

The report on the survey results reflects bank lending conditions, the demand for products available in the lending market, the level of risks broken down by lending to households and businesses.  The survey results reflect the expert opinions of credit managers of the 50 largest Ukrainian banks accounting for 87% of the assets of the banking sector. The report does not represent NBU forecasts or estimates.

The report for Q3 2015 points to the conservative expectations as to changes in the bulk and quality of the loan portfolio, while suggesting an upward trend in deposits.  For the first time in the past two years, lending standards are expected to ease (requirements to borrowers) The demand for loans to households is projected to remain flat, whereas that for business lending is expected to increase slightly.

The full version of the report and the survey data are available in Excel format on the NBU’s official website.

The next lending outlook survey for Q4 2015 will be published in October 2015.