In a significant shift for Ukraine’s financial landscape, the state’s share in the country’s banking sector has declined to 50%,…
Category: Banks
Ukrainian MP Hetmantsev Denies Involvement After Being Allegedly Mentioned in Anti-Corruption Recordings
A significant political controversy has erupted in Ukraine following revelations from the National Anti-Corruption Bureau of Ukraine (NABU) investigation known…
Court Confirms Questionable Business Reputation of Ukrainian Coal Magnate Kropachev
Ukraine’s National Bank has secured a significant legal victory against Vitaliy Kropachev, the owner of financial company FC Finuniversal and…
Kyiv Authorities Dismantle Illegal Currency Exchange Network, Seize 8 Million Hryvnias
Ukrainian law enforcement agencies have successfully dismantled an extensive network of illegal currency exchange operations in the capital city of…
“Money Will Be Returned Within 24 Hours”: PrivatBank Experiences Major Technical Outage Affecting Payments for Several Hours
Ukraine’s largest financial institution, PrivatBank, experienced a significant technical malfunction on Wednesday that left thousands of customers unable to complete…
“There Should Be No Risks”: National Bank of Ukraine Explains Decision to Ease Currency Restrictions
Starting August 11, the National Bank of Ukraine (NBU) has implemented significant changes to its currency regulations, primarily expanding opportunities…
NovaPay Secures New National Bank License for Foreign Currency Acquiring Operations
NovaPay, the financial services arm of Ukraine’s largest private delivery company Nova Poshta, has received a significant new license from…
Ukraine Takes Second Step in Agricultural Support: Government Approves $508 Million in Portfolio Guarantees for Farmers
The Ukrainian government has announced a significant financial support measure for the country’s agricultural sector, approving 20.8 billion hryvnias (approximately…
Zelensky Reportedly Frustrated with National Bank Chief Pyshnyy Over IMF Ties
Ukrainian President Volodymyr Zelensky has grown increasingly frustrated with the head of the National Bank of Ukraine, Andriy Pyshnyy, according…
“Banking Services Cannot Be Free for Everyone” — TAScombank CEO on Profits, Mergers, and the Future of Ukrainian Finance
In a candid interview, Volodymyr Dubei, the head of TAScombank, shared his insights on the Ukrainian banking sector’s current challenges…
