A further reduction in investment remains a key factor behind the decline in gross domestic product (GDP) in Ukraine, according to a report released by the National Bank of Ukraine […]
NBU
Ukrainian banks receive UAH 39.8bn of net profit in 2020
As of November 1, 2020, the net profit of Ukrainian banks amounted to UAH 39.828 billion, which is 23.4% less than in the same period last year, according to data […]
NBU does an excellent job – IMF
The National Bank of Ukraine does an excellent job and performs its tasks in accordance with the law, and the banking sector is reported to be in good shape, ukrinform.net […]
NBU Governor resigns due to systematic political pressure
Governor of the National Bank of Ukraine Yakiv Smolii has submitted a letter of resignation to President of Ukraine Volodymyr Zelensky, the central bank’s press service posted on Facebook. “Today […]
Ukraine received $2.1 bn from IMF
Ukraine has received the $2.1 billion from last week’s IMF stabilization deal, boosting national reserves to $28.7 billion, ubn.news reports. Yakiv Smoliy, governor of the National Bank of Ukraine tweeted […]
Ukraine’s international reserves reached $25.7 bn
Ukraine’s international reserves grew by 3.1% in April, hitting $25.7 billion, reports the National Bank of Ukraine. International reserves now cover 4.5 months of future imports – sufficient for Ukraine to […]
Ukraine’s prime rate is cut to 10%
Effective today, Ukraine’s prime rate is 10%, the lowest since the war with Russia started six years ago, ubn.news reports. In the latest of an 8-month series of six cuts, […]
Ukraine received almost $12 billion in remittances in 2019
Ukraine received almost $12 billion in remittances in 2019, while $600M was transferred from Ukraine abroad, NBU reports. A fifth of money transfer transactions worth $2.271 billion were carried out […]
Noncash Payments Positively Affects Financial Habits of Ukrainians
The development of innovative services and noncash card settlements in Ukraine positively affects the financial habits of Ukrainians. If previously payment cardholders used to withdraw cash from ATMs, today they […]
Remittances from Ukrainians working outside the country grew to $12.9 bln
Remittances from Ukrainians working outside the country grew 12% y-o-y last year, to $12.9 billion, reports the National Bank of Ukraine. This volume of money offset Ukraine’s $12.1 billion 2019 trade […]
NBU board reports attack by the former PrivatBank owner Kolomoisky
The board of the National Bank of Ukraine [NBU] has stated that an attack on the NBU, which has been going on for several weeks, is being carried out by […]
NBU removed restrictions on the purchase of foreign currency
The National Bank of Ukraine has removed restrictions on the purchase of foreign currency and precious metals up to a value of UAH 150,000 per day as efforts to liberalize […]
NBU reduces the interest rate to 15,5%
The National Bank of Ukraine (NBU) announced a reduction in the interest rate from 16,5% to 15,5% on 25 October, as inflationary pressures on the Ukrainian economy continued to ease. […]
NBU plans to cut its interest rate to 9%
Ukraine’s central bank is sticking to its goal to cut the nation’s prime rate from 16.5% today to 9% at the end of next year. “How quickly the key policy […]
