PrivatBank estimates its share in car lending market at 44%

The state-owned PrivatBank (Kyiv) has financed the purchase of new cars for UAH 2 billion since the beginning of 2025, and the bank's share in the new car lending market has reached 44%, the financial institution said in a press release on Monday.

"Currently, every fifth car purchased in Ukraine has already been financed through a loan, and PrivatBank's share in the new car lending market since the beginning of 2025 has been 44%," commented the results, member of the bank's board for the retail market Dmytro Musienko.

It is noted that the largest number of loans for the purchase of cars from PrivatBank are taken in Kyiv - 45% of the total, while in Dnipro - 9%, Lviv - 6%, in Odesa and Kharkiv - 5%, respectively.

According to the bank's statistics, men are more likely to take out car loans - their share is 58% of the car loan portfolio. The most active age group is Ukrainians aged 36–45 – they make up 43% of clients. The share of clients aged 46 and older is 34%, young people aged 21–35 – 23%.

In most cases, car loans are issued for a period of five years – this trend will continue in 2025.

"The trend in 2025 will remain the increase in demand for electric cars and hybrids, the share of which among cars purchased on credit compared to 2024 has increased to 16% and 18%, respectively," PrivatBank added.

It is noted that among the most popular brands in Ukraine, Toyota, Hyundai, Skoda, Peugeot and Mazda cars are most often purchased on credit – these models are subject to special financing conditions.

In mid-December last year, PrivatBank reported that in 2024 it issued more than 3,000 car loans to individuals for an amount of more than UAH 2.5 billion.

According to the National Bank of Ukraine, as of April 1, 2025, PrivatBank ranked first in terms of total assets of UAH 945.4 billion, or 25.2% among 61 banks.