Main
News
Economy
Ukraine will bring the operations of banks and insurers into line with EU rules by 2028

Ukraine will bring the operations of banks and insurers into line with EU rules by 2028

17 June 2026, 14:44

Ukraine will bring the operations of banks and insurers into line with EU rules by 2028 — National Bank

Ukrainian banking regulations are currently approximately 78 per cent aligned with EU standards and requirements, whereas prior to the start of the invasion this figure stood at around 50 per cent

Ukraine plans to bring the operations of banks and insurance companies fully into line with the European Union’s regulatory requirements and standards by 2028.

Andriy Pyshnyy, Governor of the National Bank of Ukraine, made this statement in comments to Reuters.

According to him, the financial sector is currently implementing a large-scale programme of European integration, and the ongoing reforms should serve as a catalyst for accelerating progress.

At present, Ukrainian banking regulations comply with EU requirements to approximately 78 per cent, whereas prior to the start of the full-scale invasion, this figure stood at around 50 per cent.

The level of compliance in the insurance sector is slightly lower, at around 55 per cent, which is why the NBU is reforming this sector to enhance its transparency, stability and investment appeal.

The head of the National Bank added that private capital will play a key role in the country’s recovery following the economic downturn in the first year of the war, which is why government officials are also working on new legislation to revitalise the stock market.

As a reminder, on 15 June, the EU and Ukraine launched the first round of negotiations on Ukraine’s accession to the European Union.

Finance

Economy

The State Bureau of Investigation has transferred nearly 7 million hryvnias to the ARMA in connection with the case concerning the trafficking of weapons from a military unit

The State Bureau of Investigation (DBR) has transferred to the ARMA funds equivalent to almost 7 million UAH, which were seized during an investigation into the illegal trafficking of weapons and ammunition at a military unit in the Ivano-Frankivsk region.