The consolidation of Ukrainian banking assets controlled by billionaire Serhiy Tihipko continues to move forward as TAScombank’s management has confirmed…
Category: Banks
NovaPay Appoints New Chief Executive Officer to Lead Financial Services Division
NovaPay, the financial services arm of the Nova Group that operates Ukraine’s leading postal and logistics company Nova Poshta, has…
Revolut Secures French Banking License, Prepares Major European Union Expansion
British fintech giant Revolut has officially obtained a banking license in France, marking a significant milestone in the company’s ambitious…
Kyiv Secures 2.5 Billion Hryvnia Credit Line from Oschadbank for Winter Preparations
The Ukrainian capital has taken a significant financial step to ensure its residents can weather the upcoming cold season, as…
National Bank of Ukraine Imposes Multi-Million Fines on Raiffeisen and Ukrainian Capital Bank
Ukraine’s financial regulatory authority has taken decisive action against two major banking institutions for compliance failures, imposing substantial monetary penalties…
Ukraine’s International Reserves Remain Stable in July Despite $4.8 Billion Currency Sales
Ukraine’s National Bank (NBU) managed to maintain relatively stable international reserves throughout July 2024, despite conducting massive currency interventions totaling…
National Bank of Ukraine Eases Lending Rules for Farmers and Businesses Amid Escalating Russian Attacks
The National Bank of Ukraine (NBU) has announced significant regulatory adjustments to ease lending conditions for agricultural producers and businesses…
Ukraine to Release Commemorative Coin Honoring Pope John Paul II
The National Bank of Ukraine has announced its decision to issue a commemorative coin dedicated to Pope John Paul II,…
National Bank of Ukraine Introduces Rate Cap on Three-Month Deposit Certificates
The National Bank of Ukraine (NBU) has announced a significant policy shift in its monetary operations, introducing a ceiling on…
Ukraine’s Non-Performing Loans Drop to 17-Year Low as Banking Sector Shows Remarkable Resilience
Ukraine’s banking sector has achieved a significant milestone in its financial recovery, with the share of non-performing loans (NPL) dropping…
