Eng 
Укр In 2025, Ukrainian commercial banks will actively develop the “veteran” direction
In 2025, the majority of commercial banks of Ukraine will actively develop "veteran" credit programs that will enable war participants to obtain loans at rates 1-2% lower than market rates.
"This opinion was expressed by Serhii Mamedov, vice-president of the Association of Ukrainian Banks, chairman of the board of GLOBUS BANK.
According to the expert, some joint-stock banks have been "testing" special deposit programs for the military for several months, the rates for which have been increased by an average of 1%. In addition, the practice of creating separate card products for veterans with a variety of cashback programs and free service will soon be actively spread.
Sergey MamedovVice President of AUB,
Chairman of the board
GLOBUS BANK.
The emergence and development of the direction of support for veterans has several main tasks. First, it is the duty of the "rear" to thank the defenders of Ukraine for their loyalty and protection. Secondly, special conditions for veterans can become one of the effective mechanisms for their social adaptation and return to a peaceful life. And, thirdly, this is a real opportunity to significantly increase citizens' interest in banking products," the banker emphasized.
The specialist predicts the emergence of several major banking programs designed specifically for the needs of veterans. In particular, these are mortgage lending programs and loans for creating or developing one's own business.
Thus, according to him, depending on the amount of the down payment and the term of the loan, mortgage rates will be reduced to 15% per annum. At the same time, average rates on loans for veteran entrepreneurs may be reduced to 16% per annum.
An important area of support for veterans will be the practical implementation of the Charter on Financial Inclusion and Reintegration of Veterans, which has already been signed by about 30 banks in Ukraine and is supported by the National Bank of Ukraine and the European Bank for Reconstruction and Development (EBRD). The Charter's goal is to increase the sustainability of human capital in Ukraine by working together to transform the financial sector so that it becomes more accessible to war veterans - this applies to both clients and employees.
According to the signed document, banks commit to making financial services more accessible and inclusive and equal to other citizens. In particular, the Charter stipulates that banks will strive to provide inclusive conditions for veterans.
“In wartime, inclusion takes on new meanings, because every wounded defender must have convenient access not only to government institutions, pharmacies, public municipal transport, but also to commercial bank branches. But this is only part of the necessary measures: banks will strive to gradually equip their branches with special modified means and devices, etc. And the process of creating fully inclusive bank branches will only gain momentum,” the specialist emphasized.
Serhiy Mamedov said that from November, Globus Bank will launch a comprehensive program to support war veterans, "Banking for Veterans". According to it, veterans will receive more favorable offers when placing funds on hryvnia deposits, as well as preferential credit terms for developing their own business and purchasing housing.
In particular, the expert said that when placing funds in hryvnia deposits for a period of 1 year or more, veterans will be able to receive an interest rate of up to 14% per annum, which is currently the maximum on the market.
Regarding loans, the bank introduces special conditions within the framework of the "Affordable loans 5-7-9" program. According to these conditions, veterans will be able to take a loan for the purchase of the main means of conducting business (special vehicles, various production equipment, etc.) at 5% per annum, instead of at 7% per annum (2% less than provided for by the program).
At the same time, "Banking for veterans" predicts that the rates for "commercial" mortgage loans, depending on the repayment term and initial payment, will be reduced by an average of 1-2% - to 5-15% per annum. And its feature will be the absence of restrictions on the "age" of the building in which the veteran plans to purchase housing.
In addition, in the coming month, the bank plans to issue a "veteran" payment card with free service and additional exclusive services, including increased interest on the balance.
The banker predicts that under favorable economic and "military" circumstances, in 2025 the share of "veteran" loans in the loan portfolios of banks may total up to 5%, and in 2026 - up to 15%. At the same time, the share of preferential deposits next year may exceed 7% of the total number of new deposits, and in 2026 it may exceed 20%.
“ For the period from 2025 to 2027, “veteran” banking programs can cover from 2 million to 3 million of our citizens who defended the Motherland. After all, banks can help solve a number of pressing problems of veterans: from the opportunity to become the owner of a dream apartment, to starting and developing their own business. Even in conditions of economic growth and improving credit conditions, veterans can count on the fact that banks will maintain preferential credit conditions and higher deposit yields,” Serhiy Mamedov concluded.
COMMERCIAL BANK "GLOBUS" JOINT STOCK COMPANY (GLOBUS BANK) was founded in 2007.
As of July 2024, the regional network has 32 branches, including 29 are part of the combined Power Banking network, which enables operation in the absence of light.
GLOBUS BANK has been confirmed with the highest credit rating on the national scale at the level of uaAAA, as well as the rating of deposits at the level of ua2+ according to the scale of the rating agency "Expert-Rating".
The bank's priority areas of activity are lending to energy-efficient projects, mortgage lending on the primary market, car lending, lending to small and medium-sized businesses.
GLOBUS BANK is an accredited partner of a number of state programs: the state mortgage program "eOselya", the program of preferential lending for small and medium-sized businesses "5-7-9", "Affordable factoring", "Affordable financial leasing 5-7-9", "Energy independence of physical persons - owners of households".
The bank is a partner of the "Energy Efficiency Fund" State Enterprise under the lending programs of condominiums and condominiums "Energodim" and "GreenDIM".
The bank is a participant of the "National Cashback" state program.
On June 25, 2024, GLOBUS BANK became one of the 17 largest Ukrainian banks that signed the Memorandum on lending to energy infrastructure restoration projects.
The Chairman of the Board of GLOBUS BANK Serhiy Mamedov is the Deputy Chairman of the Board of Directors of the Confederation of Builders of Ukraine and the Vice President of the Association of Ukrainian Banks.
