The National Bank of Ukraine for violation of legal requirements in the sphere of prevention and counteraction to legalization of proceeds of crime and currency legislation in October 2025 applied to seven banks measures of influence, including fines for the total amount of UAH 205.8 million. According to the publication on the regulator’s website, the largest fines received banks Alliance – UAH 83.5 million, MTB – UAH 78.2 million, Universal, on the basis of which operates mono, – UAH 27.3 million and Ukrsibbank – UAH 11.5 million.
As noted by the National Bank, Alliance Bank was fined UAH 67.6 million for improper organization and conduct of primary financial monitoring (internal documents and procedures, risk management, application of risk-oriented approach, verification of clients, provision of reliable information to NBU requests). Separately, a fine of UAH 15.9 million was imposed for violations of customer due diligence, enhanced measures against high-risk customers, documentation of AML/CFT activities and work with customers related to politically exposed persons.
In addition, the bank received a written warning for failing to include in customer questionnaires data confirmed by available documents.
MTB Bank was fined UAH 75.0 million for failure to comply with the risk-oriented approach, risk management (including remote technologies and new products) and customer due diligence. A separate fine of UAH 3.2 mln was imposed for violation of currency supervision requirements, in particular, untimely identification of currency transactions indicator and shortcomings in analyzing and verifying documents on currency transactions. At the same time, the bank received a written warning for shortcomings in the development and updating of internal documents on AML/CFT issues.
According to the release, Universal Bank was fined UAH 27.3 million for improper customer due diligence, deficiencies in risk management procedures and violation of the procedure for informing the specially authorized body about transactions of customers with frozen assets. In addition, the bank received a written warning for shortcomings in fixing events in the automation system.
As reported by the National Bank, Ukrsibbank must pay UAH 11.0 million for improper customer due diligence and shortcomings in risk-oriented approach, as well as UAH 0.5 million for violation of requirements for notification of the specially authorized body on threshold financial transactions. At the same time, the bank received a written warning for shortcomings in the development of internal documents on AML/CFT issues.
RVS Bank, which the National Bank this week recognized as insolvent, was fined UAH 3.8 mln for violation of risk-oriented approach requirements.
Cominbank was fined UAH 1.1 mln for untimely notification of threshold financial transactions and improper establishment of high risk level in relation to clients.
Idea Bank has to pay UAH 0.5 million fine for untimely execution of the decision on suspension of operations and untimely notification of the specially authorized body about the balance of funds on the client’s account.
In addition to banks, the penalties were also applied to four non-banking financial institutions.
NovaPay Credit LLC from NovaPay Group was fined UAH 255 thousand for improper customer verification and deficiencies in risk-oriented approach. At the same time, the company received a written warning for shortcomings in the development of internal documents on AML/CFT issues.
LLC “FC ”Mustang Finance”, which the National Bank in early November revoked the license, was fined for UAH 731 thousand for shortcomings in internal documents on AML/CFT issues, failure to provide reliable information on the requests of the NBU and violation of the procedure for the formation of statistical reporting.
LLC FC Abecor should pay UAH 595 thousand for improper risk management, violation of requirements for identification and verification of clients, monitoring of financial transactions and submission of reliable information to the regulator.
Alliance Capital Group FC LLC must pay a UAH 17 thousand fine for making material errors in statistical reporting on currency transactions.
On November 19, Deloitte Ukraine will hold its 10th anniversary Conductors of Change Forum in Kyiv, an event that has been bringing together leaders from business, government, the public sector, and culture for ten years to jointly seek solutions that will shape the country’s future.
The theme of the Forum is “10 Years: Retrospective/Perspective.”
The discussions will focus on
Retrospective shaping the future
What has changed in Ukrainian society, the economy, and state institutions over the last decade? How can the experience of past years become the foundation for development in the next decade?
Moderator: Serhiy Kulyk, Managing Partner, Deloitte Ukraine
The power of culture: a nation that has redefined itself
Can our time be called a true cultural renaissance? How is a new Ukrainian identity being formed and what role can business play in this process?
Moderator: Andriy Bulakh, Deputy Chairman of the Board, MHP
The future through our own eyes
What challenges do Ukraine and Europe face—security, energy independence, demographics, technology—and what innovative solutions can form the basis of a sustainable economy?
Moderator: Yegor Grygorenko, Partner, Deloitte Ukraine
The architecture of new leadership—a thousand-step journey
What kind of leadership is needed to take responsibility for the reconstruction, modernization, and integration of Ukraine into the global world?
Moderator – Roman Bondar, CEO of Korn Ferry Ukraine
Speakers at the event include: Serhiy Chernenko, Chairman of the Board of PUMB; Oleksandr Bogutsky, CEO of Starlight Media; Natalka Vorozhbit, playwright, screenwriter, and director; Aivaras Abromavicius, Chairman of the Supervisory Board of the Ukrainian Corporate Governance Academy (UCGA); Vladislav Rashkovan, Deputy Executive Director of the IMF; Serhiy Zhadan, writer and musician; Oleksandr Khomenko, director, co-founder of the MUR cultural association; Oksana Syroid, officer of the 2nd Corps of the National Guard of Ukraine “Charter,” associate professor at the Kyiv School of Economics, and others.
For more information about the program, visit the Forum website: https://delo.tt/61827GWIk.
Event partners: MHP, FUIB, Squad, Korn Ferry, Maison Castel, and the social enterprise POI “Inclusively Friendly,” which helps organize the event space to maximize accessibility.
Social component: 10% of the cost of tickets and partner contributions will be directed to the Children of Heroes Charitable Foundation, which provides assistance to children who have lost one or both parents as a result of the war.
Media accreditation is open until November 17. Please send your requests to Anastasia Pratsyuk, PR specialist at Deloitte Ukraine (apratsiuk@deloittece.com).
The sugar factories of Astarta, Ukraine’s largest sugar producer, have processed 1.2 million tons of sugar beets since the start of the sugar season, according to the agro-holding’s press service.
“The sugar season continues! Astarta’s sugar factories have already processed 1.2 million tons of beets,” the agricultural holding company said on Facebook.
Astarta did not report on the volume of sugar produced, but specified that the harvesting campaign is currently underway in the agroholding’s fields.
Astarta and its structural unit Astarta Agro Protein signed the first investment agreement with the Ukrainian government to receive compensation from the state for significant investments. Under the agreement, the state will provide the agricultural holding with a number of incentives, including exemption from import duties on new equipment, import VAT on new equipment, and income tax for up to five years.
Astarta is a vertically integrated agro-industrial holding company operating in eight regions of Ukraine and is the largest sugar producer in Ukraine. It comprises six sugar factories, agricultural enterprises with a land bank of 220,000 hectares, dairy farms with 22,000 head of cattle, an oil extraction plant in Hlobyn (Poltava region), seven elevators, and a biogas complex.
In the first half of 2025, Astarta reduced its net profit by 10.3% to EUR47.11 million, and its consolidated revenue decreased by 29.3% to EUR320.71 million.
On June 12 this year, the shareholders’ meeting approved the payment of dividends for 2024 in the amount of EUR0.5 per share for a total of EUR12.5 million, which is in line with the figures for the previous two years.
First Ukrainian International Bank (FUIB, Kyiv) received UAH 1.22 billion in net profit in the third quarter of 2025, which is 10.1% less than in the same period of 2024, when it amounted to UAH 1.36 billion.
It is noted that pre-tax profit also decreased by 10.1% to UAH 1.63 billion, while net interest income increased by 18.1% to UAH 4.38 billion, and net commission income increased by 43.3% to UAH 0.64 billion.
According to the report, the decline in net profit is mainly due to an increase in impairment losses to UAH 1.1 billion from UAH 0.16 billion in the third quarter of 2024, while the bank’s operating expenses increased by 9% to UAH 2.6 billion, and net income from foreign currency transactions decreased by 21.9% to UAH 0.18 billion.
According to the document, in January-September of this year, the bank significantly increased its portfolio of loans and advances to customers – by 30.2% to UAH 87.13 billion as of September 30, 2025, compared to UAH 66.92 billion at the beginning of 2025.
As of September 30, 2025, the total loan portfolio of the bank’s 20 largest borrowers grew to UAH 12.11 billion, which is 23.9%, or UAH 2.33 billion, more than at the end of 2024, but its share in the loan portfolio, excluding reserves, remained at 13%.
Since the beginning of the year, FUIB’s total assets have grown by 4.4%, or UAH 8.22 billion, to UAH 194.81 billion, while total liabilities have grown by 2.3%, or UAH 3.77 billion, to UAH 168.16 billion.
The bank’s equity increased by 16.4%, or UAH 3.76 billion, to UAH 26.64 billion, of which retained earnings amounted to UAH 16.13 billion.
Overall, in the first nine months of this year, net profit decreased by 7.6% compared to the same period last year, to UAH 4 billion 792.21 million, with net interest income growing by 15.6% to UAH 12.52 billion and net commission income by 43.1% to UAH 2.39 billion.
According to the National Bank, as of September 1, 2025, FUIB ranked fifth among 60 banks in Ukraine with assets of UAH 193.14 billion. The ultimate beneficiary is Rinat Akhmetov.
Ukraine has been increasing its flax exports for the fourth month in a row amid active demand from exporters. Exports in October amounted to 7.65 thousand tons, which is 26% more than in September this year, according to the information and analytical agency APK-Inform.
Analysts noted that the main buyers of flax are EU countries. In October, 43.1% of supplies were purchased by France, 16.8% by Poland, and 11.4% by Italy.
“The increase in flax exports began in July this year, when the active phase of harvesting this crop began. Thus, flax exports in July were recorded at 1.37 thousand tons, and in August at 3.3 thousand tons,” the experts noted.
A sufficient supply of flax is pushing buyers to lower prices. Thus, the maximum demand prices for flax in Ukrainian ports fell by UAH 800/ton over the month and, as of November 6, usually do not exceed UAH 28,500/ton CPT port, according to APK-Inform.
Silpo Food LLC, part of the Fozzy Group (Kyiv) trade and industrial group, which operates the Silpo grocery supermarket chain in Ukraine, earned UAH 956.591 million in profit in January-September 2025, while in the same period last year, the company incurred a loss of UAH 767 million 071 thousand.
According to a study by YouControl, at the end of the third quarter of 2025, it ranked 6th among the top 10 companies in terms of revenue. Silpo Food’s net sales revenue for the first three quarters of 2025 increased by 13.8% compared to the same period in 2024 and reached UAH 75 billion 872 million 342 thousand.
At the same time, the company’s gross profit for January-September 2025 increased by 23% compared to the same period a year ago, to UAH 24.047 billion, and operating profit increased 1.5 times, to UAH 2 billion 152.7 million.
Silpo Food’s current liabilities as of September increased by 5% to UAH 29.7 billion, while long-term liabilities decreased by 5% to UAH 12.994 billion.
As reported, Silpo Food’s revenue for 2024 increased by 9.8% compared to the previous year, to UAH 93 billion.
Silpo Food LLC was established in early August 2016. According to Opendatabot, the founder of the LLC is PJSC “Closed Non-Diversified Venture Corporate Investment Fund ”Retail Capital” (100%, Kyiv), and the ultimate beneficiary is Volodymyr Kostelman.
As of September 2025, the chain has 310 supermarkets in 62 cities of Ukraine and four Le Silpo delicatessen markets: in Kyiv, Dnipro, Kharkiv, and Odesa.
It is part of the Fozzy Group, a trade and industrial group with more than 826 retail outlets throughout the country. The company develops retail chains of various formats: Silpo supermarkets, Fozzy wholesale hypermarkets, Fora neighborhood stores, Thrash! discount stores, Bila Romashka pharmaceutical supermarkets, and E-ZOO pet stores.
