National Bank of Ukraine

Ukraine banks expand lending 17% in 2025 as credit boom reshapes sector

Net hryvnia-denominated loans to businesses and households grew at a high pace for a second consecutive year and increased by more than one-third in 2025, the National Bank of Ukraine said on Feb. 19.

20 February, 01:20 PM

Nationalized Motor-Bank declared insolvent

The National Bank of Ukraine (NBU) has classified state-owned Motor-Bank as insolvent, the NBU announced on Feb. 19.

20 February, 03:16 AM

Inflation accelerates in Ukraine as consumer prices rise in January

Consumer price growth in Ukraine accelerated to 0.7% in January 2026, up from 0.2% in December and 0.4% in November, the State Statistics Service of Ukraine reported on Feb. 10.

10 February, 05:24 PM

Ukraine's foreign reserves grow nearly a third in 2025

Ukraine's foreign exchange reserves rose to $57.293 billion as of Jan. 1 compared with Dec. 1 — the highest level in independent Ukraine's history. The monthly increase was $2.544 billion, or 4.6%, the National Bank of Ukraine said in a statement.

7 January, 07:06 PM

Hryvnia starts year 2026 with gains against U.S. dollar

On Jan. 1, Ukraine's National Bank set the official hryvnia rate at 42.35 to the U.S. dollar.

1 January, 12:25 PM

Ukrainian businesses adapted to rolling blackouts, NBU governor says

Nearly 84% of Ukrainian businesses are prepared to operate during blackouts induced by Russian attacks on the power grid, National Bank of Ukraine (NBU) Governor Andriy Pyshnyy said on Nov. 19.

19 November 2025, 09:45 PM

‘Highest level ever recorded’: Ukraine’s international reserves hit historic peak

As of Nov. 1, 2025, Ukraine’s international reserves rose to $49.516 billion, a historic record since the country gained independence. The figure marks a $3 billion increase — or 6.4% — compared to Oct. 1, the National Bank of Ukraine (NBU) reported.

7 November 2025, 12:33 PM

TikTok trend revives century-old Ukrainian 'shah' coin as symbol of identity

Ukrainian youth have rediscovered the story of a forgotten coin — the shah — sparking a viral trend that blends history, decolonization, and national identity. The movement now involves everyone from the National Bank of Ukraine (NBU)and Verkhovna Rada to top TikTok creators.

3 November 2025, 02:31 PM

Ukraine’s central bank lowers 2025 GDP growth forecast to 1.9%

The National Bank of Ukraine (NBU) has revised its 2025 economic growth forecast downward to 1.9%, compared to 2.1% in its previous July projection, citing energy shortages, damage to gas extraction facilities, and a shortage of labor.

23 October 2025, 04:59 PM

Central bank governor slams plan to hike bank tax to 50% again

Ukraine’s central bank considers a proposal to raise the bank profit tax rate to 50% for a third consecutive year dangerous, warning it could undermine trust in the tax system and harm not only banks but the broader economy, Governor Andriy Pyshnyy said in an interview with Forbes Ukraine on Oct. 16.

17 October 2025, 03:49 PM

NBU hopes to revitalize business lending with new guidance

The National Bank of Ukraine (NBU) has drafted a strategy document to stimulate business lending and is now implementing it, NBU Governor Andriy Pyshnyy said at the European Business Association’s annual Global Outlook: Strategic Momentum event on Sept. 5.

5 September 2025, 11:52 PM

Ukraine moves to launch modern stock exchange

Ukraine’s National Bank (NBU), in collaboration with the Finance Ministry, the Economy Ministry, and the National Securities and Stock Market Commission, and the European Bank for Reconstruction and Development (EBRD), has initiated the implementation of a memorandum to establish a new stock exchange, the NBU reported on Sep. 4.

5 September 2025, 09:18 AM

Ukraine considering euro over dollar as primary currency

The National Bank of Ukraine (NBU) continues to use the U.S. dollar as the primary currency for setting exchange rates but is exploring possible changes due to deepening economic and financial ties with the European Union, First Deputy Governor Serhiy Nikolaychuk told news agency Interfax-Ukraine on Sept. 3.

3 September 2025, 06:39 PM

Ukraine embraces open banking for EU integration

Ukraine’s National Bank has approved the Regulation on Open Banking in Ukraine, which takes effect on Aug. 1, 2025, the central bank announced.

28 July 2025, 04:45 PM

Ukraine has received about $8.2 billion in aid and will keep getting up to $2.2 billion a year — EBRD

The European Bank for Reconstruction and Development has allocated €7.6 billion (about $8.2 billion) to Ukraine since 2022 and plans to continue investing €1.5 to €2 billion (about $1.6 to $2.2 billion) annually, Interfax-Ukraine reports on July 14.

14 July 2025, 11:03 AM

Ukrainian lawmakers propose cryptocurrency reserve for central bank

Ukrainian lawmakers registered Bill 13356 to allow Ukraine’s National Bank (NBU) to include virtual assets in the country’s gold and foreign exchange reserves, MP Yaroslav Zheleznyak reported on Telegram on June 11.

11 June 2025, 01:45 PM

Ukraine eyes euro as Kyiv signals shift from dollar amid Trump-era volatility

Ukraine is considering dropping the U.S. dollar in favor of the euro as the reference currency for the hryvnia, in what officials describe as a reflection of geopolitical realignments and closer ties with the European Union. The move, reported by Reuters on May 8, underscores Ukraine’s growing discomfort with Washington’s unpredictability under President Donald Trump.

8 May 2025, 11:33 AM

Why Ukraine’s government is targeting Petro Poroshenko — and risking the NBU’s political neutrality

President Volodymyr Zelenskyy’s office is continuing to put pressure on former President Petro Poroshenko and his assets, using sanctions imposed by Ukraine’s National Security and Defense Council (NSDC). Even the National Bank of Ukraine (NBU) has been drawn into the affair, compelled to enforce a decision labeling Poroshenko a person of “imperfect reputation.” The move has raised questions about its rationale — if there is one at all.

3 May 2025, 11:21 AM

NovaPay launches credit card with a grace period of up to two months

NovaPay has launched a credit card for private clients, now available for opening via its mobile app, the company said on May 2.

2 May 2025, 11:37 AM

Ukraine's central bank fines Idea Bank for unethical debt practices

The National Bank of Ukraine (NBU) has fined PJSC Idea Bank 102,000 hryvnias ($2,441) for breaching ethical behavior standards in handling overdue debt, a move announced on March 24, as the bank’s ownership transition to TAS Group’s Sergiy Tigipko remains under review.

25 March 2025, 11:39 AM

National Bank of Ukraine

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