Consortium and special lending can improve the conditions for lending to large businesses that need loans for a longer period.It is noted that banks of all groups are actively expanding their loan portfolios, establishing cooperation with borrowers from new sectors for them, using a wider range of instruments - in particular consortium and specialized lending, and are increasingly providing long-term loans.At the same time, some large companies attract financing from several Ukrainian banks at the same time. However, differences in approaches to lending and the lack of coordination between creditors complicate both the process of obtaining such loans and the subsequent settlement of debt obligations if necessary."Such business financing instruments (consortia - IF-U) are more difficult to implement, but they often better meet the needs of businesses and help with the implementation of large investment projects. It is important that the initiative in this area comes from private Ukrainian banks," the NBU added.
