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NBU agreed with borrowers to restructure foreign currency mortgages

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NBU agreed with borrowers to restructure foreign currency mortgages
Photo: Konstantin Melnitsky

The National Bank of Ukraine has agreed with borrowers to restructure foreign currency mortgages, said the regulator.

On December 24, the NBU held a meeting, at which the sides agreed on the provisions of the draft memorandum on restructuring of foreign currency mortgage, according to the information.

The document envisages the conversion of the debt, the principle of which will not exceed UAH 2.5 mn (US $0.15 mn) at the official exchange rate on January 1, in the hryvnia at the official exchange rate on the day of restructuring.

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