Ukraine: Finance and Banking

The European Central Bank (ECB) published its Annual Report on Supervisory Activities for 2024 (the Report) in March 2025...

For many years, Ukrainian capital markets have barely functioned due to significant gaps and inconsistencies in the underlying legislation.

Further to unblocking repatriation of dividends for 2014 and 2015 last year, on 13 April 2017 the National Bank of Ukraine (the "NBU") allowed foreign investors to repatriate dividends accrued in 2016.

I was lucky enough to attend TXF Global in Athens last week, the annual jamboree of the great and the good of the world of export, project and development finance.

Національний банк України (НБУ) послаблює тимчасові валютні обмеження, запровадже

The National Bank of Ukraine (NBU) significantly eases the temporary currency restrictions imposed under martial law and, among other things, simplifies the terms of servicing residents...

Despite the ongoing war and significant challenges, the Ukrainian legal framework continues to encourage an open and flexible investment environment.

The Law of Ukraine "On Factoring" No. 4466-IX dated 3 June 2025 (the "Law") introduces a comprehensive update to existing laws governing factoring.

August 2025 – On 6–7 August 2025, a new package of changes to currency restrictions in Ukraine came into force. The National Bank of Ukraine (the "NBU") introduced currency restrictions...

There is a direct connection between the availability of finance and the jurisdiction in which a borrower operates.

The National Bank of Ukraine (NBU) passed a new Regulation No. 996 lifting the ban on registration of transfers and assignments of cross-border loan agreements from 11 January 2016.

Following the break-up of the USSR, the Ukrainian economy went into a lingering depression. In the last few years, however, its potential has been recovering: Ukraine is now one of the most successful of the former Soviet republics in attracting foreign investment. The main issue for a foreign investor is thus not whether to invest, but how best to enter the Ukrainian market.