The National Bank of Ukraine (NBU) is working on regulations that would limit bank card transfers and impose caps on cash transactions at self-service terminals, Deputy NBU Governor Kateryna Rozhkova said on Feb. 8, as reported by Interfax-Ukraine. Read also: Austria refuses to extradite former NBU head suspected of stealing UAH 200 million Discussions with […]
An Austrian court has rejected a request by the Ukrainian authorities to extradite former National Bank of Ukraine (NBU) Governor Kyrylo Shevchenko, stated by Austrian outlet Der Standard on Feb. 6. Shevchenko claimed that he is under political persecution by the Office of the President and sought political asylum in Austria. Read also: Ukraine’s anti-graft […]
The NBU has reduced its forecast for Ukraine’s international currency reserves by the end of 2024, the bank stated in a press conference. “International assistance will remain the main source of capital inflows to the country in the future.” At the same time, NBU notes that future assistance will be enough to maintain a sufficient […]
The National Bank of Ukraine (NBU) has pinpointed a capitalization requirement of 10 billion UAH ($262.2 million) for Ukreximbank, Pravex Bank, and MTB Bank, the NBU said in a Ukrainian Banks Stability Assessment released on Jan. 9. This assessment, based on a three-year outlook using the baseline macroeconomic scenario, sheds light on the capital adequacy […]
The full-scale Russian invasion of Ukraine has cost the country a third of its GDP, National Bank of Ukraine (NBU) chairman Andriy Pyshnyi in an interview on Ukrainian TV channel We are Ukraine on Jan. 7. “Ukraine’s critical dependence on international financial assistance remains,” noted Pyshnyi. “This source is fundamentally important for us, as the […]