Zelensky promises 10% mortgage loans in Ukraine

The president has been pressing for this for a year now.

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Ukrainian President Volodymyr Zelensky has said mortgage loans will be issued at 10% per annum in Ukraine soon.

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"For a year now I've been fighting [to implement the initiative] already with the second government so that we [Ukrainians] could have 10% home loans. In the near future, we will have mortgage at 10% for every Ukrainian citizen, for the first time in many years," he said at a press conference on May 20 on his one-year tenure, according to an UNIAN correspondent.

"It seems to me that this is a great victory," the president added.

As UNIAN reported earlier, former Ukrainian Prime Minister Oleksiy Honcharuk said he planned to reduce the rate on mortgage loans in Ukraine to 9% in the autumn of 2020.

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