Parliament limits microloan rates

Parliament limits microloan rates

Kyiv  •  UNN

November 22 2023, 02:56 PM • 21622 views

The Verkhovna Rada of Ukraine passed a law limiting interest rates on microloans to 1% per day, with 255 MPs voting in favor

Today, the Verkhovna Rada adopted in general the draft law No. 9422 on limiting interest rates of microcreditors. The bill proposes to gradually reduce and limit the maximum rate to 1% per day. This was announced on Wednesday by MP Yaroslav Zheleznyak, UNN reports .

The Parliament has adopted as a whole the draft law No. 9422 on limiting the rates of microcreditors. The draft law proposes to gradually reduce and limit the maximum rate to 1% per day, Zheleznyak wrote.

He noted that 255 MPs voted in favor of the bill.

Addendum

In September, the Verkhovna Rada passed in the first reading the draft law No. 9422 on limiting interest rates of microcreditors.