Financial companies have limited the implementation of economic activities that are not related to the provision of the finals.
The National Bank of Ukraine has established restrictions on financial companies in activities that are not related to the provision of financial services. This was announced by NBU PersonLib on Tuesday, September 2.
According to the resolution, the financial company has the right to perform other economic activities if the income from it does not exceed 20% of the company’s total income. The assessment will be conducted according to the data reporting for July 1 and January 1 of each year.
The NBU explained that this standard aims to advance the stability of the financial marketplace that does not -and corresponds to the regulator’s powers as a controlling body. The decision also improves the approaches to assessing the conditions of ownership of those who have significant participation in financial institutions that are not.
The resolution begins on September 3, 2025. At the same time, provisions about the introduction of restrictions on the implementation of financial companies that are not related to the provision of financial services are entered on January 1, 2026.
Remember that from August 6, the NBU has introduced a new package of money liberalization, providing permission to restore dividends for 2023, expanding forward transactions, support for the jewelry industry and additional opportunities for companies supporting ZSU.
Why is Ukraine’s international reserve dropped
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.