PROBLEMS OF THE LENDING MARKET OF UKRAINE UNDER THE CONDITIONS OF MARITAL STATE

Abstract

Before the start of russia's large-scale invasion the demand for loans in Ukraine was caused by: the improvement of the macroeconomic situation in the country, a decrease in interest rates and gov-ernment programs to support entrepreneurship and mortgage lending. The insolvency of debtors dur-ing the war led to an increase in the volume of overdue loans and, as a result, a deterioration in the quality of banks' loan portfolios.The article systematizes the problems of the lending market that arose due to the military ac-tions in Ukraine, determines the priority of the introduction of anti-crisis measures to satisfy both the interests of creditors and borrowers.We have identified a number of factors that have worsened the quality of banks' loan portfolios and the creditworthiness of borrowers who have issued loans in recent years. In the article were stud-ied the reasons for the increase in the cost of new loans and the decrease in demand for them. Measures of the loan market regulator to ease requirements for banks in the credit risk management system have been systematized. The content and priority of the introduction of anti-crisis measures to settle the interests of lenders and borrowers were determined, state programs and grants to support business lending for the recovery of Ukraine were analyzed.Іt was concluded that the banking system of Ukraine has enough liquid funds for lending, but the lending market is experiencing the painful consequences of the state of war: high risks associated with the war increased theprice of credit funds; the quality of banks' loan portfolios deteriorated due to the low solvency of borrowers, credit risk reduced the profitability of banking activities; the demand for new loans fell sharply due to the shutdown of certain businesses, disruption of logistics, migration of employees of business structures; part of the collateral for bank loans (including mortgages) has been destroyed and it is still not solved what the mechanism of compensation for losses should be for banks.