National Bank of Ukraine

The National Bank of Ukraine has set the official hryvnia exchange rate for March 7 at 38. 2664 UAH/$, strengthening the hryvnia by 12 kopecks compared to the previous day.

On the instructions of the NBU, Concorde's shareholders were deprived of the right to a fair trial, the bank's co-founder said.

Thanks to lower food prices due to record harvests and lower energy costs, inflation in Ukraine fell sharply in 2023, but is expected to rise moderately this year due to average crop yields and the ongoing effects of the war.

According to the National Bank, in 2023, the number of non-cash card transactions in Ukraine exceeded the pre-war figures, amounting to more than UAH 6 billion.

On March 6, the hryvnia depreciated against the dollar and the euro: the dollar rose by 5 kopeks and the euro by 2-10 kopeks on the buying and selling side.

The NBU has a lenient approach to regulating state-owned banks, unlike private ones, says Concord Bank co-founder Sosedka.

The NBU confirmed that the list of systemically important banks has remained unchanged since 2023, with 15 banks retaining their status.

The level of counterfeit banknotes in Ukraine decreased in 2023 to 2. 1 counterfeits per million hryvnias, down from 2.2 in 2022, while in the EU, counterfeiting was almost eight times higher, according to the National Bank of Ukraine.

The Government of Ukraine raised over UAH 34 billion from the sale of domestic government bonds in January-February 2024, exceeding the redemption volume by more than UAH 20 billion.

The share of non-performing loans in Ukrainian banks slightly decreased to 36. 7% in January, as lending volumes increased and NPLs decreased by UAH 1.9 billion, and most banks adequately assessed their credit risks.

The National Bank of Ukraine sold $320. 9 million on the interbank foreign exchange market over the week, which is half as much as the previous week.

The NBU has determined the list of systemically important payment infrastructure in Ukraine, which includes the electronic payment system as the only systemically important payment system.

The expert says that opening banking secrecy would violate the basic principles of democracy and human rights.

The NBU has issued a new commemorative 5-hryvnia coin depicting parents' hands holding a child as a symbol of family love and trust.

Expert: SBI should appeal to NBU Governor with a motion to remove Zyma, director of the National Bank's legal department.

The National Bank of Ukraine cut foreign currency sales in February to $1. 5 billion, the second consecutive monthly decline.

Companies face difficulties in finding qualified specialists, which pushes wage growth above the inflation rate.

The Ministry of Communities, Territories and Infrastructure of Ukraine is preparing to launch a full-fledged compensation service for destroyed housing, as more than 500 applications for restoration have already been submitted.

The NBU governor noted that the agreement at the IMF staff level paves the way for Ukraine to receive the next tranche of $880 million and resume international assistance.

The DGF stopped payments to the ninth line of creditors of Concorde Bank despite sufficient funds on the accounts - ex-chairman of the bank's board.

The National Bank of Ukraine puts into circulation a new commemorative 50-hryvnia banknote "Unity Saves the World" in honor of Ukraine's fight for freedom and unity against Russian aggression.

The Verkhovna Rada passed a draft law on reforming the capital market and the Securities Commission of Ukraine.

Ukraine is close to receiving $900 million from the IMF as the next loan tranche to help finance its defense against Russia and meet its debt obligations.

Last week, the National Bank of Ukraine sold $322. 6 million on the interbank foreign exchange market, the largest weekly volume since early February.

The IMF mission led by Gavin Gray and the Ukrainian authorities begin talks in Warsaw and online on the third review of Ukraine's Extended Fund Facility program to discuss Ukraine's implementation of the Memorandum of Economic and Financial Policies.

1132 couples in Ukraine got married on Valentine's Day, with the oldest being an 83-year-old bride and a 72-year-old groom.

The former deputy chairman of the board of JSC Bank Finance and Credit was served a notice of suspicion of embezzlement of more than UAH 519 million intended for ex-oligarch Konstantin Zhevago.

According to the lawyer, the actions of the Director of the Legal Department of the National Bank of Ukraine to interfere with the litigation of the Deposit Guarantee Fund may have serious legal consequences if it is established that they caused damage or were committed for selfish reasons.

The National Bank of Ukraine has issued a commemorative coin "Love" for Valentine's Day. On one side of the coin is a stylized rose in the shape of a heart, and on the other side is a heart from which waves evenly spread.

According to the National Bank of Ukraine, banks in Ukraine almost quadrupled their profits in 2023 compared to 2022.