Business news from Ukraine

Business news from Ukraine

FC “Liberty Finance” considers National Bank’s decision to revoke licenses to be unlawful

FC “Liberty Finance” considers the National Bank of Ukraine’s decision to revoke licenses to be unlawful and will seek their reinstatement through legal proceedings

In connection with the National Bank of Ukraine’s notice dated March 24, 2026, regarding the revocation of Liberty Finance FC’s license to operate as a financial company and its license to conduct cash foreign exchange transactions, we deem it necessary to inform the public of the following.

1. FC “Liberty Finance” disagrees with the relevant decision of the National Bank of Ukraine and considers it illegal.

2. The company operates exclusively within the legal framework and within the scope of the licenses issued by the regulator. The information regarding two unlicensed transactions conducted by employees of Liberty Finance FC, which the regulator used to justify its decision, is untrue. Such situations are fundamentally impossible in our customer service branches due to our transparent operational model.

3. At the time of the license revocation, Liberty Finance FC is in the process of actively challenging the NBU’s previous decisions in the Kyiv Administrative Court.

4. We are confident in our position, so we will defend the business reputation of Liberty Finance FC and seek the reinstatement of the revoked licenses through legal proceedings.

Despite the current situation and regulatory pressure, our company guarantees the full and timely fulfillment of its obligations to clients.

All agreements and contracts entered into prior to the publication of the NBU’s decision remain in effect.

FC “Liberty Finance” has sufficient liquidity to ensure financial stability and to make all necessary payments in full.

Our position is consistent, and our next steps will be aimed at protecting the legitimate interests of Liberty Finance FC and our clients.

 

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