18:55 13.05.2021
Finance Ministry raises forecast of payments on Ukraine s state debt in Q4, 2021 by UAH 1.9 bln 2 min read
Over the past month, the Ministry of Finance of Ukraine has increased the forecast of payments on public debt in 2021 by UAH 3.34 billion - to UAH 602 billion, in particular, the forecast for payments in October-December was increased by UAH 1.9 billion - to UAH 119.9 billion.
According to the data on the website of the Ministry of Finance, the forecast of payments on the state debt in April-June increased by UAH 0.98 billion - to UAH 166.7 billion, in July-September - by UAH 0.5 billion, to UAH 169.6 billion.
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GSB eyes lower rates for car titles
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published : 12 May 2021 at 08:30
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Government Savings Bank (GSB) is aiming to lower the interest rate for car title loans to ease the burden on borrowers in this segment, says Vitai Ratanakorn, the bank s president and chief executive.
GSB recently made a foray into this business to help reduce the market interest rate for the loan segment.
The bank acquired a 49% stake in car title loan provider Fast Money Co Ltd.
Fast Money was previously a wholly-owned subsidiary of Srisawad Corp.
Prior to GSB s entry, the market rate for car title loans was 24-28% per year or 0.89-0.93% monthly. The rate is currently 0.63-0.67% monthly.