The national Bank of Ukraine has improved the procedure for issuing non-Bank financial institutions of the license for money transfer in UAH without opening an account. Relevant changes contained in the new Regulation on the issuance of nonbank financial institutions of the license for money transfer in national currency without opening of accounts, which the NBU Board approved on 17 August. “The national Bank continues the unified approach to licensing and a new Regulation on licensing of the transfer of […]

During January-July the Ukrainian banking system showed a net loss totaling 223 million. This is 41.5% less than in the first seven months of last year. Such data are the national Bank of Ukraine, UNIAN reports. The income of banks for January-July amounted to 101,624 billion, almost unchanged compared to the same period of the previous year, while expenses decreased by 9,027 billion or 8.1% to 101,846 billion. In July of solvent banks received 1.43 billion UAH of profit. We […]