Pyshnyi announced the creation of a mortgage lending strategy in Ukraine.

The Council for Financial Stability plans to develop mortgage lending in Ukraine

The Council for Financial Stability, which includes the National Bank of Ukraine, the Ministry of Finance, the Ministry of Economy, and the National Securities and Stock Market Commission, plans to create a separate strategy for the development of mortgage lending in the country.

The head of the NBU, Andrii Pyshnyi, stated that subsidized lending can no longer be the sole factor in the development of this sector. According to him, the preferential program 'eOselya' helped support the market and borrowers during a difficult period, but for the full development of mortgage lending, comprehensive measures need to be implemented. Therefore, the NBU head plans to develop an appropriate strategy, similar to the Strategy for the Development of Lending.

Relevant associations such as NABU (National Association of Builders-Investors of Ukraine) and AUB (Association of Ukrainian Banks) have already begun work on this issue, as reported by the head of the NBU. The acceptance of the law on insuring military risks will also affect the market. Pyshnyi also emphasized the importance of deregulation, cooperation with international partners, and the implementation of new financing instruments.

All developed measures require joint coordination among the NBU, the government, partners, and the real estate market. 'We plan to hold discussions with the IMF in February and involve the World Bank,' said the NBU head. He also stressed the necessity of working to make mortgage lending a market tool rather than just subsidized lending.