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Recent developments regarding the National Bank of Ukraine (NBU) have drawn the spotlight, especially due to the investigations conducted by the National Anti-Corruption Bureau of Ukraine (NABU). The searches, which took place at the NBU premises, have been confirmed by the Governor of the National Bank, Andrii Pyshnyi. Despite these searches, Pyshnyi asserted that the case was unrelated to the bank's activities. In the political arena, MP Yaroslav Zhelezniak has called for Pyshnyi's resignation, citing the ongoing investigations. Meanwhile, authorities at the NBU maintain that the organization continues to function normally. These events underscore the NBU's pivotal role in Ukraine's financial landscape as it navigates both internal and external challenges.
What prompted the recent NABU searches at the NBU?
The National Anti-Corruption Bureau of Ukraine (NABU) conducted searches at the National Bank of Ukraine (NBU) in connection with ongoing investigations. These investigations, however, have been clarified by Governor Andrii Pyshnyi as unrelated to the NBU’s current operations or his role within the institution.
How has the NBU responded to the NABU investigations?
The National Bank of Ukraine has acknowledged the investigations and confirmed that it is operating as usual. Governor Andrii Pyshnyi emphasized that the searches do not pertain to the NBU’s regular activities and assured the public of the bank's continued functionality.
Why is there a call for the resignation of Governor Pyshnyi?
MP Yaroslav Zhelezniak has called for Governor Pyshnyi's resignation in light of the recent NABU searches at NBU premises. The political pressure reflects broader concerns about governance and transparency within Ukraine’s national institutions.
What role does the NBU play in Ukraine's financial sector?
The National Bank of Ukraine (NBU) is central to the nation's economic stability, overseeing monetary policy, currency regulation, and financial institution management. Amid challenges, including recent corruption probes, the NBU aims to steer financial policies effectively.
Is the NBU involved in any legal proceedings currently?
Aside from the NABU searches, the National Bank of Ukraine has indicated intentions to contest certain legal challenges, such as the lawsuit brought by Ukrposhta CEO Ihor Smilianskyi. The NBU is actively defending its positions in court cases as needed.
News NBU
Pyshnyi confirms NABU searches: Case concerns neither the NBU nor my work in this position National Bank of Ukraine Governor Andrii Pyshnyi confirmed that detectives from the National Anti-Corruption Bureau of Ukraine (NABU), together with the Specialised Anti-Corruption Prosecutor’s Office (SAPO), conducted searches at the regulator’s premises on October 21. However, the criminal... 1 639 13 Previously in trend: Searches carried out in Pyshny’s premises
NBU Governor Pyshnyi should resign – MP Zhelezniak MP Yaroslav Zhelezniak (Holos party) said that National Bank of Ukraine Governor Andrii Pyshnyi should submit his resignation. The statement came on Wednesday, October 21, amid searches being conducted by National Anti-Corruption Bureau of Ukraine (NABU) detectives at the central bank’s premises. 2 891 16 Previously in trend: Searches carried out in Pyshny’s premises
Searches at NBU: National Bank confirmed investigative actions and stated that it is operating as usual The NBU confirms reports that the NABU is conducting an investigation on the premises of the National Bank. 2 560 16 Previously in trend: Searches carried out in Pyshny’s premises
NABU has confirmed that searches are taking place at National Bank and at home of one of its staff members The National Anti-Corruption Bureau has stated that it is carrying out searches at the National Bank and at the home of one of its staff members. 1 300 6 Previously in trend: Searches carried out in Pyshny’s premises
NABU and SAPO are conducting searches at home of National Bank Governor Pyshnyi, - Honcharenko and Zhelezniak (updated) On the morning of 21 October, the National Anti-Corruption Bureau of Ukraine (NABU) and the Specialised Anti-Corruption Prosecutor’s Office (SAPO) are conducting investigative measures against Andrii Pyshnyi, Governor of the National Bank of Ukraine (NBU). 7 218 47 Previously in trend: Searches carried out in Pyshny’s premises
HACC ordered NBU to investigate why banks are refusing to accept bail on Mudra’s behalf. DOCUMENT An investigating judge at the High Anti-Corruption Court has upheld a complaint lodged by the defence team of Iryna Mudra, the former deputy head of the President’s Office, alleging that banks are refusing to process a bail payment. 6 814 41 Previously in trend: Notice of suspicion against Iryna Mudra
National Bank says it will file objections in court to lawsuit brought by Ukrposhta CEO Smilianskyi The National Bank is aware that the Chief Executive of "Ukrposhta", Ihor Smilianskyi, has taken the NBU to court. 2 069 7 Previously in trend: Conflict between Ukrposhta and the NBU
New 2,000-hryvnia banknote goes into circulation today On September 4, a 2,000-hryvnia banknote featuring the image of Vasyl Stus, a poet of the 1960s, will be put into circulation. 6 896 60 Previously in trend: 2,000-hryvnia banknote
NBU begins inspections of banks due to bail for Halushchenko The National Bank has launched unscheduled inspections of banks that provided services to clients involved in posting bail for former Energy and Justice Minister Herman Halushchenko. 3 634 12 Previously in trend: Forrest Gump operation
NBU conducts inspections of Sense Bank over possible interference with financial monitoring system The National Bank of Ukraine is conducting unscheduled inspections of Sense Bank to determine whether officials interfered with its automated system during transactions involving the posting of UAH 150 million in bail for former Energy Minister Herman Halushchenko. 1 806 18 Previously in trend: Forrest Gump operation
2,000-hryvnia banknote will be put into circulation in September: it will feature portrait of poet Stus A new 2,000-hryvnia banknote featuring the image of Vasyl Stus, a poet of the 1960s movement, is to be put into circulation in Ukraine. 3 367 39 Previously in trend: 2,000-hryvnia banknote
Smilyansky continues to perform duties of CEO, - Ukrposhta Ihor Smiliansky, CEO of JSC "Ukrposhta," continues to perform his duties. 1 216 17 Previously in trend: Conflict between Ukrposhta and the NBU
Hungary’s attack on Oschadbank cash-in-transit personnel threatens EU currency stability – ECB chief Lagarde European Central Bank (ECB) President Christine Lagarde believes that the attack by special forces of Hungary’s Counter Terrorism Centre on Oschadbank cash-in-transit personnel from Ukraine and the seizure of the money pose a threat to the EU’s currency stability. 3 634 30 Previously in trend: Hungary detained Ukrainian cash collection vehicles
NBU demands explanations from Monobank over Horokhovskyi’s publication of client’s photo with "Russian flag" The National Bank of Ukraine is demanding explanations regarding a post by Monobank co-founder Oleh Horokhovskyi, in which he shared a photo of a bank client. The issue stems from a likely Russian flag in the background and accusations of pro-Russian views. 8 176 79 Previously in trend: Monobank scandal
Detention of Ukrainian cash-in-transit guards in Hungary: NBU check confirmed shipment was properly documented, Pyshnyi says The National Bank of Ukraine has no objections regarding the documentation of the currency shipment transported by Ukrainian cash-in-transit guards who had been detained in Hungary. 11 706 94 Previously in trend: Hungary detained Ukrainian cash collection vehicles
We demand that Hungary immediately release "Oschadbank" collectors, - National Bank of Ukraine The National Bank of Ukraine demands the release of "Oschadbank" cash collection team employees detained in Hungary. 8 292 96 Previously in trend: Hungary detained Ukrainian cash collection vehicles
NBU eases foreign exchange restrictions for Defense City residents From December 31, 2025, the National Bank of Ukraine (NBU) is easing a number of foreign exchange restrictions as part of implementing the legislation on the "Defense City" legal regime, aimed at supporting the defense-industrial complex (DIC). 74 0 Previously in trend: Ukrainian defense industry Drone industry
Bank consortium to lend UAH 21.5bn to defense industry – NBU Governor Pyshnyi Ukrainian banks have concluded a record-volume consortium loan agreement to support a defense-industrial complex enterprise. The deal brings together six banks (state-owned and private) that will finance the production of military goods. 999 9 Previously in trend: Defense Forces funding
"Priority sector for country": NBU governor urges banks to step up lending to Ukrainian arms manufacturers The National Bank of Ukraine (NBU) has called on commercial banks to increase lending to defense industry enterprises. 98 0 Previously in trend: Ukrainian weapons production Drone industry
Ukrainian IT exports growing, but still lag behind previous years – NBU Ukraine’s IT services exports reached $545 million in March 2025, according to the National Bank of Ukraine (NBU), cited by the industry outlet DOU. 148 0
NBU’s artificial maintenance of hryvnia exchange rate suppresses exports and incentivizes population to purchase foreign currency - investigation The National Bank of Ukraine, led by Andrii Pyshnyi, has been overly focused on maintaining the hryvnia exchange rate, enabling wealthy Ukrainians to purchase more dollars and imported luxury goods. 96 0
National Bank does not rule out further tax increases in Ukraine The National Bank of Ukraine does not rule out the introduction of new tax initiatives in case of additional budget needs. 1 943 18
Conflict between top NBU official Poliarush and Belarusian volunteer Tratsevsky occurs in Kyiv. VIDEO Belarusian volunteer Andrei Tratsevsky (Bezsmertny) said that Pavel Poliarush, head of the National Bank's Department for Work with Troubled Assets, had threatened him. 20 850 83
Accession to EU: European Commission starts screening Ukrainian financial legislation On March 14, the European Commission launched an official screening of Ukraine’s financial legislation. This is Chapter 9 "Financial Services" of the negotiating framework for Ukraine’s accession to the EU. 752 0
Ukraine may receive more than $10 billion in March-April - Head of National Bank Pyshnyi In March-April, the National Bank of Ukraine expects to receive a EUR 10 billion tranche, which will significantly increase the volume of international reserves. 1 556 20
Reports that Ukrainians are withdrawing money from their accounts due to draft law on mobilisation are not true - head of NBU Pyshnyi The head of the National Bank, Andrii Pyshnyi, denied reports by Russian propagandists that Ukrainians allegedly withdraw funds from bank accounts, fearing possible restrictions for evaders in the new mobilization bill. 4 374 54
National Bank may restrict money transfers: "servant of people" Hetmantsev announced details The NBU has identified massive shadow financial transactions in banks and non-bank financial institutions and may restrict money transfers. 21 450 68
Within framework of existing legislation, it is not possible to limit financial transactions of evaders, - Deputy Head of NBU Rozhkova Currently, there is no legal way to restrict the financial transactions of citizens who evade mobilisation. 16 468 201 Previously in trend: War
Since beginning of full-scale invasion, UAH 32.7 billion has been transferred from NBU special account for defense needs - NBU press service More than UAH 32.7 billion has been transferred from the special account opened by the National Bank for defense needs since the beginning of the full-scale war, including more than UAH 10.3 billion in 2023. 567 2
Ukraine may lose 1.5 billion dollars due to blockade of western borders, - NBU The country may lose 1.5 billion dollars due to restrictions on the movement of freight transport through the western borders of Ukraine in November and December. For December, the reduction is 620 million dollars. 1 278 29
National Bank dedicates new commemorative coin to Ukrainian railroad workers. PHOTOS On the 32nd anniversary of the establishment of Ukrzaliznytsia, December 14, 2023, a new commemorative coin "Country of Superheroes. We thank the railroaders!". 3 210 2
Since beginning of 2023, Ukraine has received almost $37.4 billion in international aid, - NBU Since the beginning of the year, Ukraine has received international aid for almost $37.4 billion. Of these, more than $4.7 billion came in October-November. 759 1 Previously in trend: Financial assistance to Ukraine
NBU Head Pyshnyi: NBU did not set any restrictions on currency exchange based on banknote issue year NBU Governor Andriy Pyshnyi explains Ukraine’s central bank’s policy on innovations in currency exchange 9 927 52
Inflation will slow down to 14.8% this year, National Bank forecast Inflation will slow down to 14.8% in 2023, to 9.6% in 2024, and to 6% in 2025. 742 8
Economy is revving up, real GDP will not fall this year, - NBU forecast In 2022, the real GDP of Ukraine decreased by 29.1%. This is the largest annual decline in the economy in the entire history of the country. But growth is expected already this year. 3 542 74
Direct losses from war with Russian Federation - 2/3 of pre-war GDP of Ukraine, - NBU Direct losses of material assets and infrastructure of Ukraine from the war with the Russian Federation amount to approximately 140 billion US dollars, that is, about 2/3 of the country’s pre-war GDP. 2 495 34 Previously in trend: War
NBU warned Raiffeisen against exchanging assets with Sberbank of Russian Federation: This is unacceptable The National Bank of Ukraine urged the Austrian banking group Raiffeisen Bank International not to delay exiting the Russian market. He warned her against exchanging assets with Sberbank in Austria. 3 295 5 Previously in trend: Sanctions against Russia
This year, real wages of Ukrainians will decrease by quarter, - NBU According to the results of 2022, the real wages of Ukrainians will be reduced by a quarter. The NBU declares that the labor market has currently stabilized at a low level. 5 159 61
Inflation accelerated to 24.6%, prices are rising because of war, - NBU In September 2022, consumer inflation in Ukraine accelerated to 24.6% on an annual basis (from 23.8% in August). Despite depressed demand, inflationary pressure persists because of the war. 3 422 56
Pyshny was appointed head of National Bank of Ukraine The Verkhovna Rada appointed Andrii Pyshny to the post of chairman of the National Bank. 290 People’s Deputies voted "for". 9 015 28
Council dismissed Shevchenko, head of National Bank Head of the National Bank of Ukraine (NBU) Kyrylo Shevchenko has officially left his post. His resignation was approved by the parliament. 7 271 34
Head of NBU Shevchenko resigned The head of the National Bank, Kyrylo Shevchenko, has officially announced that he is resigning. 22 201 77
Due to war, Ukraine lost 40% of early grain harvest. INFOGRAPHICS In Ukraine, harvesting of early cereals and rape is almost finished. The crop is currently 40% lower than last year, mainly due to smaller harvesting areas, while yields are only 12% lower than last year. 1 523 2 Previously in trend: War
Ukraine’s international reserves began to grow in August, - NBU Foreign exchange receipts to the government’s accounts at the National Bank of Ukraine in August amounted to 4.79 billion dollars. Thus, Ukraine’s international reserves increased by 13.6% in August and amounted to 25.4 billion dollars on September 1. 2 317 16 Previously in trend: War
National Bank banned displaying exchange rates on the street, so as "not to disturb the situation". Ukraine's National Bank accused the non-banking institutions engaged in currency exchange in an artificial increase of the exchange rate and imposed restrictions on their work. 26 860 222
Hryvnia in exchange offices collapsed after NBU's decision to raise exchange rate On July 21, the average hryvnia exchange rate on the black market fell by almost a hryvnia compared to the morning quotations and currently fluctuates between UAH 37.56 and UAH 37.96 per dollar. 52 604 148
NBU raised discount rate from 10% to 25% For the first time since the full-scale Russian invasion, the National Bank changed the discount rate and decided to raise it from 10% to 25%. 9 363 34
Zelensky has launched global fundraising platform for Ukraine United24 President of Ukraine Volodymyr Zelensky has initiated the creation of the global project United24, which aims to unite people from around the world in their desire to help our country. 2 927 31 Previously in trend: Aid to Ukraine War
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