Business news from Ukraine

Business news from Ukraine

Ukrposhta Must Pay UAH 1.7 Mln Under NBU Ruling

20 May , 2026  

The National Bank of Ukraine (NBU) has imposed a penalty of UAH 1.7 million on JSC “Ukrposhta” for violating the laws governing activities in the payment market, the regulator announced.

It is noted that the relevant decision was adopted on May 18, 2026, by the Committee on Banking Supervision and Regulation, and Oversight of Payment Infrastructure.

The fine was imposed due to the company’s failure, as a provider of financial payment services, to fulfill its obligation to ensure the proper functioning of its corporate governance system, internal control system, and risk management system.

The violation was identified based on the results of an off-site supervision and inspection of the national postal operator conducted on November 1, 2025.

“Ukrposhta” is required to pay the fine within five business days of receiving the committee’s decision.

As previously reported, in March 2026, “Ukrposhta” paid a fine of 255,000 UAH imposed by the NBU for failing to submit the requested information within the established deadlines, while also announcing its intention to challenge the regulator’s decision in court.

In December 2025, the National Bank also issued a written warning to Ukrposhta for violating legal requirements in the payment market, specifically regarding payment services, management systems, and the submission of statistical reports, as determined by the results of off-site supervision.

Ukrposhta reported a net loss of UAH 204.8 million for the first quarter of 2026, which is UAH 1.1 million, or 0.5%, more than in the same period of 2025, but 40% less than projected in the plan. The company’s revenue for this period decreased by 0.1%, or UAH 5 million, to UAH 3.34 billion, which is 2% less than planned.

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