(BRUSSELS) – The European Union has approved changes to the Ukraine Facility programme, allowing Ukraine to access an additional €8.3 billion ($9.5 billion, £7.1 billion) in funding during 2026 to support reforms, recovery and reconstruction. The EU Council said the updated Ukraine Plan introduces new reform steps required before furtherContinue Reading
(KYIV, UKRAINE) – The National Bank of Ukraine has set the official exchange rate for Monday 3 August, showing the US dollar losing ground against the hryvnia while the euro held completely flat. The dollar will stand at UAH 44.63, down 6 kopiyok from the previous rate of UAH 44.69Continue Reading
(KYIV, UKRAINE) – Ukraine is pressing ahead with reforms, energy modernisation and damage assessment work in close coordination with the World Bank, Prime Minister Serhiy Koretskyi said following a telephone call with the Bank’s Managing Director of Operations, Anna Bjerde. Koretskyi stated that the discussion covered the continuation of reforms,Continue Reading
(KYIV, UKRAINE) – Ukrainian banks expect business and household loan portfolios to keep growing over the next 12 months, and they forecast rising demand across all types of borrowing, according to a fresh survey by the National Bank of Ukraine. The central bank published the results of its bank lendingContinue Reading
(KYIV, UKRAINE) – Ukraine’s central bank has set a slightly stronger official exchange rate for the hryvnia against the US dollar for 30 July, while the local currency edged marginally lower against the euro. The adjustments reflect small daily movements in a managed exchange rate regime that the National BankContinue Reading
(KYIV) – The National Bank of Ukraine issued a new commemorative coin on 29 July dedicated to the Sea Baby maritime drone, the latest addition to a series honouring Ukrainian defence technology breakthroughs. The coin, with a face value of 5 hryvnias (approximately $0.12, £0.10, €0.11), features the uncrewed surfaceContinue Reading
(THE HAGUE, Netherlands) – The European Union’s 21st sanctions package against Russia introduces new restrictions targeting Russian banks, vessels in the shadow fleet, and companies that assist in circumventing existing trade barriers. The measures aim to deepen Moscow’s economic isolation but avoid action on certain key export commodities. The packageContinue Reading
(KYIV, UKRAINE) – More than 5 million Ukrainians are now receiving monthly payments through the state cashback programme designed to boost purchases of domestically made goods, the Ministry of Economy and Environment has said. The programme, called National Cashback, has added almost half a million users over the past twoContinue Reading
(KYIV, UKRAINE) – PrivatBank reported a pre tax profit of 49.5 billion Ukrainian hryvnia for the first six months of 2026. This result is up 7.6 percent from the same period in 2025. The bank remains the top player in the country’s financial sector. The lender paid a 50 percentContinue Reading
(SINGAPORE) – More than 300,000 Visa cards held by United Overseas Bank (UOB) customers across five Southeast Asian markets will be upgraded to higher card tiers, following a partnership between the bank and Visa. The move comes after Visa introduced two new premium card categories, Visa Infinite Privilege and VisaContinue Reading
