Retail vs Corporate Interest Rate Asymmetry in Ukraine's Banking System, 2013-2025

This dataset tracks weighted average interest rates on new deposits and new loans in Ukraine's banking system from 2013 to 2025, separately for corporate and household (retail) clients, and separately for local-currency (UAH) and foreign-currency instruments, alongside the NBU discount rate for the same years. The dataset is designed to support research on monetary policy transmission and pass-through asymmetry. Local-currency loan rates for households have consistently run far above corporate loan rates throughout the period (for example, 35.20% for households versus 15.06% for corporates in 2025), a gap of roughly 20 percentage points that persists across very different discount rate regimes, from 6.00% in 2020 to 25.00% in 2022. This suggests that changes in the NBU discount rate pass through to corporate and household borrowers at different speeds and to different degrees, a pattern of practical relevance to monetary economics beyond the Ukrainian case specifically. Three derived spread columns are included in a dedicated sheet for convenience (household-minus-corporate loan rate spread, and each of the two loan rates minus the discount rate); all three are simple, transparent arithmetic differences of the underlying source figures, documented in the Dictionary sheet. METHODOLOGY & SOURCES Data were manually compiled from official statistics published by the National Bank of Ukraine (NBU). Rates are weighted averages on new business (new deposits/loans issued during the year), as published by the NBU; they are not average rates on the outstanding stock of deposits or loans. No other adjustments were made. Sources accessed August 2026: - National Bank of Ukraine, Supervisory statistics - Key performance indicators of Ukrainian banks: https://bank.gov.ua/ua/statistic/supervision-statist - National Bank of Ukraine, Archive of monetary policy decisions (discount rate): https://bank.gov.ua/ua/monetary/archive-rish FILE STRUCTURE - Ukraine_Banking_Sector_Interest_Rate_Asymmetry_2013_2025.xlsx - 00_Dictionary: defines every variable in the other three sheets - 01_Deposit_Interest_Rates: corporate and household deposit rates, local currency and FX, 2013-2025 (13 observations) - 02_Loan_Interest_Rates: corporate and household loan rates, local currency and FX, 2013-2025 (13 observations) - 03_Retail_Corporate_Spread: derived spread and pass-through measures, 2013-2025 (13 observations) - README.txt CONTACT INFORMATION Illia Kyselov, PhD in Law Associate Professor, Department of Law, Bohdan Khmelnytsky Melitopol State Pedagogical University, Zaporizhzhia, Ukraine CMSA (R), FPWMP (R), and BIDA (R) (Corporate Finance Institute) Email: [e-mail] The author is open to collaboration on Scopus-indexed publications and further research using Ukrainian economic and financial statistics. Inquiries regarding this dataset, potential co-authorship, or data requests are welcome.