Business news from Ukraine

Business news from Ukraine

Iryna Starominska, Chair of Board of Universal Bank, was named “Financier of Year” in “Person of Year 2025” program

3 September , 2026  

Iryna Starominska, Chairwoman of the Board of JSC “UNIVERSAL BANK,” was named the winner of the “Financier of the Year” category as part of the 30th anniversary nationwide “Person of the Year 2025” program.

Starominska has over 25 years of professional experience, the last 16 of which she has spent in leadership roles in the banking sector. She has headed Universal Bank since 2017.

One of the bank’s key projects during this period was the 2017 launch, in collaboration with the Fintech Band team, of the digital banking service monobank, which operates under Universal Bank’s banking license.

As of early June 2026, the monobank ecosystem had over 10.7 million customers, making it one of Ukraine’s largest digital financial services. The project has also been included twice in CNBC’s “Top 250 Fintech Companies in the World” ranking.

The development of monobank has become one of the most notable examples of the transformation of the Ukrainian banking market, where traditional banking infrastructure has been combined with remote services and mobile financial technologies.

Universal Bank is listed among Ukraine’s systemically important banks. According to information provided by the organizers of the “Person of the Year” program, as of the end of 2025, the bank ranked third in Ukraine in terms of retail deposits and second in terms of its retail loan portfolio, and was also among the top five most profitable Ukrainian banks.

For five years, Starominska has also been ranked among the most influential women in Ukraine’s fintech sector. In her management role, she focuses on the development of digital banking services, the automation of operations, and the implementation of technological solutions for retail customers.

Charitable and social projects remain a separate area of activity for Universal Bank and monobank. According to data provided by the award organizers, from the start of the full-scale invasion through April 2026, the total amount of charitable aid provided by the bank and its team exceeded 497 million UAH.

Of this amount, approximately 386 million UAH was allocated to support the Armed Forces of Ukraine, military units, and charitable foundations that assist the army. Another approximately 111 million UAH was allocated to cultural and social projects. The bank also participates in charitable initiatives alongside the UNITED24 fundraising platform and other foundations.

Universal Bank operates in the Ukrainian banking market as a universal financial institution serving both individuals and businesses. Since 2017, the bank has been a partner of Fintech Band in the development of monobank. The bank is part of the TAS Group and is included in the list of systemically important banks in Ukraine.

Open4Business is an information partner of the nationwide “Person of the Year 2025” program.

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