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Expat Community > Ukraine

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"Ukraine Banks" be Advised

9 years ago
All X-pats living in Ukraine, I just came across an article from a news paper in Kiev dated 26 Feb 2016. Reguardig Ukraine Banks. Here is how it goes. Two years ago there was 180 banks open in Ukraine. Today there are 120. Soon, that number could go down to 80. Due to new Capital Requirements for Ukraine banks, mandated by (NBU) National Bank of Ukraine. NBU says 70 of current 120 banks in Ukraine do not have the minimal Capital requirments now required. 56 of 120 banks do not have any resources according to NBU. If additional investment is not found soon, many will be candidates for merger or acquation..... I just though some of you guys living in Ukraine already might want to know this information. Keep you eyes open on your money !!

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