According to Fixygen, the National Bank of Ukraine imposed a penalty of 432.35 thousand UAH and issued a written warning against FC “Business-Partner” LLC.
As reported on the regulator’s website, the sanctions were imposed for submitting regulatory reports to the NBU containing inaccurate data, as well as for failing to ensure the functioning of a comprehensive, adequate, and effective internal control system.
Specifically, the fine was imposed for violating the requirements of paragraph 5 of Section I of the Rules for the Preparation and Submission of Reports by Non-Bank Financial Services Market Participants to the National Bank of Ukraine, approved by NBU Board Resolution No. 123 of November 25, 2021.
The company must pay the fine within one month from the date the decision takes effect. In addition, by July 15, 2026, FC “Business-Partner” must remedy the violations of the requirements for the financial company’s corporate governance and internal control systems, as well as the operational shortcoming specified in the warning.
Business-Partner Financial Company LLC is registered in Ukraine under EDRPOU code 43310379. The company operates in the non-bank financial services market. Such institutions are supervised by the NBU following the transfer of control functions over the non-bank financial sector to the regulator.
Source: NBU
The National Bank of Ukraine has issued a written warning to FC “Alfa-Invest Group” LLC for violating the procedures governing foreign exchange transactions, the regulator announced on its website.
According to the NBU’s statement, the violation consisted of failing to provide a retail customer with cash in foreign currency simultaneously with the issuance of a settlement document by the transaction registrar.
No fine was imposed on the company in the NBU’s statement; the measure in question is a written warning.
Alfa-Invest Group LLC operates in the non-bank financial services market.
The National Bank of Ukraine fined FC “Alliance Capital Group” LLC 100,000 UAH for violating the procedures for conducting currency exchange operations, the regulator announced on its website.
According to the NBU’s statement, the violation consisted of a cashier at a separate structural unit failing to accept or issue cash for a currency exchange transaction simultaneously with the provision of a settlement document from the transaction recorder.
The regulator also issued a written warning to the company for violating requirements regarding the video surveillance system, specifically the absence of date and time information in the video footage from the customer area.
FC “Alliance Capital Group” LLC operates in the non-bank financial services market.
The National Bank of Ukraine fined FC Axioma LLC UAH 200,000 for violating currency legislation.
The violations concerned the timing of providing fragments of video archive data at the request of the NBU. A similar fine of UAH 200,000 was imposed on FC Centrofinance LLC for failure to comply with the requirements for equipping a separate unit with a video surveillance system for currency transactions.
Axioma, Centrofinance, FC, FINE, NBU
The National Bank of Ukraine fined FC Goldana Plus LLC and FC Forward Finance LLC UAH 340,000 each.
According to the regulator, the companies failed to properly submit accurate information and documents in full to the NBU upon request.
The International Finance Corporation (IFC) and OTP Leasing, the largest company in the Ukrainian market, have announced the launch of a EUR50 million risk sharing facility (RSF) to increase financing for small and medium-sized enterprises (SMEs) as well as mid-cap companies in Ukraine for energy and energy efficiency needs.
“This initiative aims to finance sectors such as agriculture, manufacturing, trade, energy, and logistics, focusing primarily on sustainable energy solutions that enhance Ukraine’s energy resilience,” the IFC said in a press release on Friday.
Under the RSF, the IFC will assume up to 50% of the credit risk for a maximum amount of EUR 25 million. The project’s 10% capital cost compensation mechanism (up to a total of EUR 6 million) will encourage lessees to choose sustainable solutions over more polluting alternatives.
It is noted that against the backdrop of Russia’s invasion and high risk, private sector lending has declined, with corporate lending falling from 12.8% of GDP in 2021 to 9.2% of GDP in 2024, while the leasing sector, as a critical alternative to lending, contracted by 59.4% in 2022 and has only partially recovered thanks to support from the state and assistance from international development finance institutions.
In addition, since the start of the Russian invasion, Ukraine has lost almost two-thirds of its power generation capacity, highlighting the need for decentralized and sustainable energy systems.
“Thanks to the current RSF, OTP Leasing will be able to offer more leasing deals to traditionally underfinanced SMEs and mid-caps in Ukraine that prioritize small-scale renewable energy generation and energy-efficient sustainable projects, particularly climate-smart agriculture and green transport,” the IFC noted.
IFC’s participation in the RSF and the capital cost compensation mechanism are supported by the IFC’s Economic Resilience Action Program (ERA) for Ukraine, funded by the UK Department for International Development with EUR10 million.
Andrew Okenden, the UK’s Chargé d’Affaires in Kyiv, noted that the UK strongly supports Ukraine’s green and sustainable economic recovery, and that this approach reflects the key priorities of the 100-year Partnership Agreement signed by Prime Minister Keir Starmer and President Volodymyr Zelenskyy earlier this year.
According to IFC Regional Manager for Ukraine Lisa Kestner, the new agreement will increase access to finance for Ukrainian businesses, particularly in critical sectors such as agribusiness, manufacturing, and logistics. “Our initiative will help businesses invest in sustainable energy solutions such as climate-smart agriculture, small-scale renewable energy generation, and energy efficiency projects,” she emphasized.
Since February 2022, IFC, as part of its Economic Resilience Action Program (ERA) for Ukraine, has provided $2.5 billion in support to Ukraine’s private sector, including $940 million in mobilized financing.
According to IFC, as of March 31, 2025, OTP Leasing had approximately 33.6% of the Ukrainian market share in terms of leasing portfolio ($330.5 million in outstanding lease transactions). The company provides financial leasing and fleet management services to SMEs and mid-caps throughout the country. The company is wholly owned by Hungary’s OTP Bank Plc.
