Liberty Finance, one of the largest operators on the Ukrainian currency exchange market, has announced that it has passed an inspection by the National Bank of Ukraine (NBU) and will continue to provide financial services in accordance with current legislation.
“Operations are continuing as usual,” the company said in a statement on its website on Friday, after the National Bank announced the previous evening that it was banning the company and its affiliates from providing payment services through the KYT Group internet services due to the discovery of unlicensed activities in the payment market.
Liberty Finance states that it has not received any official decisions from the regulator, but confirms its willingness to cooperate as an open and transparent company.
“All comments will be taken into account in a timely manner, which will further improve current standards of quality and speed of service,” the website states.
As reported, the NBU stated that Liberty Finance provided payment services for the transfer of funds without opening an account, without a license and without proper registration.
LLC “FC ”Liberty Finance” has two licenses from the National Bank to provide financial services: trading in foreign currency valuables in cash; provision of funds and bank metals on credit. KYT Group also includes the pawnshop KYT Group Plus LLC KYT Group and Company.
According to data from YouControl, the authorized capital of FC Liberty Finance is UAH 25 million, and its equity capital at the beginning of this year was UAH 188.65 million. The company ended last year with a net profit of UAH 45.46 million, compared to UAH 153.92 million a year ago. The item “other income” in cash flows from operating activities in 2024 increased to UAH 29 billion from UAH 21.6 billion in 2023.
Source: https://libertyfinance.com.ua/news/
