Globus Bank
Globus Bank News
The discount rate 16% will not change loans for SMEs
An increase of the NBU key rate by 0,5 percentage points to 16% should not automatically raise the cost of loans for SMEs. Oksana Shulha from Globus Bank explains that the resource base, loan term, risk and competition are more important.
UAH deposits and OVDP — changes in September
In September term deposits increased by 3,2 billion UAH, and the portfolio of hryvnia OVDP rose by 2,6 billion UAH. Yields are reacting to the NBU's rate hike, but not all banks have raised rates.
NBU rate 16% will affect deposits, loans and the hryvnia exchange rate
The increase of the NBU key rate from 15,5% to 16% per annum is of a preventive nature. It may intensify competition for deposits, support the return on savings and does not necessarily make business loans more expensive.
Dollar and euro rate forecast for the first ten days of October
Banker Taras Lesovyi forecasts the rate for the first ten days of October. Dollar 44,7−45,1 UAH, euro 50,5−52 UAH. Stability is supported by NBU interventions and the policy rate of 16%.
How oil and the Middle East will affect the dollar and euro exchange rates
Escalation in the Middle East and rising oil prices increase demand for foreign currency in Ukraine. Taras Liesovyi forecasts weekly interventions of $900 million–$1 billion and possible annual inflation of 9,4%.
Dollar to 46 UAH and euro to 54 UAH: autumn exchange rate forecast
Mamedov of Globus Bank believes that, absent new military or energy shocks, the dollar is unlikely to exceed 46 UAH by the end of 2026 given active NBU interventions.
Exchange rate in September — banker Taras Liesovyi's forecast
September may pass relatively calmly for the hryvnia exchange rate. Taras Lesovyi from Globus Bank forecasts the dollar in the corridor 44,30−44,80 UAH and the euro 51,50−52,50 UAH this week.
The dollar rate is steady while prices rise: causes and consequences
The dollar exchange rate remains relatively stable in mid-September, but prices are rising due to wartime inflation, supply shortages and increased logistics and production costs.


