NBU restricts two credit unions from providing certain types of financial services until end of 2025

20:23, 30.06.2025 1 min read

The National Bank of Ukraine (NBU) has decided to apply measures of influence to the credit unions "Svit" and "Zakhyst" due to their non-compliance with prudential standards.

As reported on the NBU website, the measures of influence were applied in the form of a restriction until December 31, 2025 of a certain type of financial service provided by a credit union on the basis of a standard license, namely the provision of funds and bank metals on credit to credit union members. Namely, the conclusion of new, extension, and amendments to existing credit agreements, as a result of which the amount of obligations of a member, group of members of a credit union or another credit union to the credit union will exceed 15% of the credit union's regulatory capital.

Such decisions were adopted by the Committee on Supervision and Regulation of Non-Banking Financial Services Markets on June 30, 2025.