Loans are growing by more than 30%: what the NBU’s statistics reveal
This is evidenced by the latest operational data on key banking performance indicators, according to the NBU’s press service.
In particular, in March, net hryvnia loans to businesses rose by 32% year-on-year, whilst lending to households increased by 36% year-on-year. The National Bank emphasises that, for an accurate assessment of trends, it is precisely net loans that should be taken into account, as gross figures contain a significant proportion of non-performing assets.
As explained by the NBU, the statistics were influenced by state-owned banks writing off over UAH 170 billion in non-performing loans (NPLs) at the end of 2025. This led to a formal reduction in the gross portfolio, but did not reflect the actual state of lending activity, which remained stable. This effect will continue to influence the figures to some extent.
At the same time, the banking system is demonstrating growth in its resource base. In March, the volume of hryvnia deposits held by households in banks increased by 20% year-on-year, and by businesses – by 13% year-on-year, indicating that customer confidence in the banking sector remains strong.
The National Bank also announced an update to the format of statistical publications: from now on, the data will include net lending figures and will be published monthly – based on both preliminary and finalised data.
“We note that preliminary data may subsequently be revised in line with banks’ quarterly and annual reporting figures,” the NBU emphasised.
As a reminder, it was previously reported that in 2025, the number of fraudulent transactions involving payment cards in Ukraine decreased, but the total amount of losses rose significantly.
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