Regulatory Licences

As a Ukrainian bank, the Bank is regulated and supervised by the NBU.

The Bank was registered with the NBU on 23 December 1991 and its current banking licence was renewed indefinitely on 4 August 2009. The Bank is entitled to conduct various types of banking activities provided for under applicable Ukrainian legislation and specified in its banking licence. In particular, the Bank may undertake the following activities:

• taking deposits from legal entities and individuals;
• opening and servicing current accounts of customers and correspondent banks (both residents and non-residents), including money transfers from these accounts by means of payment instruments and crediting of funds on these accounts;
• depositing of raised funds on its own behalf, under its own conditions and at its own risk;
• granting of guarantees, sureties and similar instruments, which shall be executed in monetary form;
• factoring;
• leasing;
• safekeeping services and renting safes for the purpose of storing of valuables and documents;
• issuing, purchasing, selling and servicing cheques, bills of exchange and other negotiable payment instruments;
• issuing bank payment cards and performing operations using these cards;
• providing consulting and information services regarding banking operations;
• foreign currency operations;
• issuing its own securities;
• arrangement of securities sale-purchase under orders of customers;
• operations in the securities market on its own behalf (including underwriting activities);
• investing in the share capital and shares of other legal entities;
• transporting cash and valuables and cash collection;
• operations under orders of customers or on its own behalf, including operations with money market instruments; with financial instruments based on exchange rates and interest rates; with financial futures and options;
• trust management of funds and securities under contracts with legal entities and individuals; and
• depositary activity as a custodian.

The Bank holds a licence to conduct professional securities market operations (including activities related to the issuance and trading of securities in the securities markets and the provision of custodial services) issued by the State Commission for Securities and Stock Market of Ukraine.

You can click links set out below for reviewing certain licences, certificates, permits etc.