Lending Figures for March 2026
Ukraine’s National Bank has published its latest lending statistics for March 2026. Following the write-off of over 170 billion UAH in legacy non-performing loans (NPLs) by state-owned banks at the end of 2025, net hryvnia-denominated loans are showing strong growth. Specifically, lending to businesses and non-bank financial institutions increased by 32% year-over-year, while retail lending to individuals rose by 36% over the same period.
The volume of hryvnia funds held in individual accounts climbed 20% in March 2026 compared to the same month last year. Meanwhile, corporate account balances grew by 13% year-over-year. These figures point to positive momentum in the lending market and a growing level of confidence in the banking system.
National Bank Revamps Reporting Standards
To enhance transparency in lending, the National Bank of Ukraine has updated its reporting format, which now provides more detailed data on net loans. Monthly operational figures will be released by the 15th of each month, while comprehensive quarterly reports will be published by the 20th of the second month following the reporting period. These changes aim to improve the flow of information for market participants and support the continued development of lending in Ukraine.
The rise in lending activity and the increase in account balances signal a recovery in economic activity and an improvement in the financial health of both businesses and households. The National Bank’s updated reporting framework is also expected to foster greater transparency in the lending market, which could further strengthen trust in the banking system. Together, these developments are likely to stimulate ongoing growth in Ukraine’s financial sector.
As the lending landscape evolves, it's worth noting that the demand for microloans has also surged significantly in recent years. A recent analysis revealed that Ukrainians secured 8.6 million microloans within just one year, highlighting a growing reliance on alternative financing options. This trend complements the overall uptick in corporate and retail lending, suggesting a robust recovery in the financial sector.