The NBU has declared PINbank and MOTOR-BANK insolvent
This was reported by The Public with reference to the National Bank of Ukraine.
According to the National Bank of Ukraine, the decision to declare JSC First Investment Bank (PINbank) and JSC MOTOR-BANK insolvent was made on 19 February 2026. The information was published on the regulator's official website.
The reason for this decision was the banks' failure to comply with the National Bank's written requirements to submit revised financial recovery plans after they were classified as problematic.
Earlier, on 16 December 2025, the Board of the National Bank of Ukraine, guided by Article 75 of the Law of Ukraine "On Banks and Banking Activities," classified JSC "First Investment Bank" (PINbank) and JSC "MOTOR-BANK" as problematic. The reason for this decision was the risky activities of the banks, which led to a violation of the minimum regulatory capital requirement.
First Investment Bank (PINbank) and MOTOR-BANK became the first and second banks to be removed from the market in 2026.
Since the start of Russia's full-scale invasion of Ukraine, the National Bank of Ukraine has already declared 13 banks insolvent.
