19:30, 9 December 2008 Page views 340 views

Ukraine: the Point of No-Return of Mortgage Credits is Expected Next Spring

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In the opinion of Lubov Slobodeniuk, Executive Director of CreditSvit Company(Kiev), the point of no-return of mortgage credits can be expected in the spring of 2009. This risk, she believes, is due to the fact that 82 % of all the credits are in dollars, and lately grivna has depreciated by 30 %.

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