Public Demand for Loans in Ukraine Outpaces Business in 2025

As of early August 2025, the volume of loans issued by financial institutions in Ukraine to businesses and the population reached ₴1.23 trillion. This figure exceeds last year’s result by 15% and is 26% higher compared to 2021.

This is reported by AgroReview

Growth in Loan Demand Among Ukrainians

The majority of loan funds were issued to businesses—₴909.3 billion, which accounts for 74% of the total amount. Meanwhile, citizens attracted ₴316.1 billion. Over the year, the volume of loans for the population increased by 22%, while for companies it grew by only 13%. This indicates that the demand for loans among Ukrainians is outpacing business dynamics.

“As a result, over two years, lending to Ukrainians increased by 50%, while for businesses it rose by 25%.”

Features of Lending and Currency Structure of Loans

After the onset of the full-scale invasion by Russia, financial institutions significantly restricted lending, and the share of non-performing loans noticeably increased. In April 2023, the loan portfolio for the population amounted to only ₴205.4 billion, but by the summer of 2023, the situation began to stabilize.

Over two years, lending to citizens increased by 50%, while for legal entities it rose by 25%. The highest demand is for loans in hryvnias: 97% of loans for the population and 72% for businesses are issued in the national currency. Foreign currency loans remain insignificant: only 3% ($239 million or ₴10 billion), with over 90% of them being non-performing.