The National Bank of Ukraine (NBU) has revoked the license of insurance company “Professional Insurance” (Kyiv) to conduct insurance activities due to violations of licensing requirements.
According to the NBU website, the board’s decision to revoke the license was made on December 30, 2025, and came into effect on the same day after its publication.
From the date of entry into force of the decision, the insurer loses the right to conclude insurance contracts and extend the term of existing contracts, as well as to conclude new contracts or make changes to existing ones that lead to an increase in obligations to clients for the relevant classes of insurance.
Earlier that day, the National Bank refused to allow IC “Professional Insurance” to conclude written agreements on measures to eliminate previously identified violations of the requirements for the authorization of financial service providers and the conditions for their activities. The regulator explained its refusal by saying that such agreements do not provide sufficient confidence in the timely and complete elimination of this violation.
In its decision, the NBU called the insurance company’s registration in August 2024 of an increase in its authorized capital from UAH 8 million to UAH 48 million without obtaining the regulator’s consent a violation. The document states that the owners of Professional Insurance, Roman Kuzmenko and Yevgen Vasilenko, bought domestic government bonds, then sold these bonds to other insurers, and used the proceeds to increase the authorized capital. However, the National Bank recognized that the sources of the funds were not confirmed and therefore refused to approve both the increase in the authorized capital and its reduction back to UAH 8 million due to a violation of prudential requirements.
The company’s attempts at the end of 2025 to reach an agreement with the National Bank on the conclusion of written agreements were unsuccessful.
Professional Insurance Insurance Company was established in 2007 and has 44 licenses to conduct insurance activities.
According to YouControl, the company’s net earned insurance premiums for the first nine months of this year amounted to UAH 2.4 million, compared to UAH 0.71 million for the same period in 2024, and net profit amounted to UAH 4.80 million, compared to UAH 0.93 million.
The National Bank of Ukraine (NBU) has imposed sanctions on Paytek LLC (Kyiv) for violating the requirements of the legislation regulating activities in the payment market: it imposed a fine of UAH 12,803,900 and issued a written warning. According to information on the NBU website, the fine was imposed for violating the requirements of the law on the provision of payment services and the rules for storing and protecting the confidentiality of payment service providers.
It is noted that the inspection department conducted a scheduled inspection of Peitek LLC in May-July 2025, and the company had to pay the fine within 14 calendar days from the date of receipt of the relevant decision.
Peitek LLC is also obliged to eliminate the violations and prevent them in the future until February 27, 2026.
According to data from YouControl, Peitek LLC was registered in Kyiv in 2021. Its authorized capital is UAH 5.5 million. It is owned by Aldega CJSC (Lithuania) Andrius Trofimovas, who is the owner of the microcredit company Aventus Ukraine LLC.
According to the company’s website, Peitek LLC provides services for transferring funds in national currency without opening accounts, as well as for providing funds and bank metals on credit, while, as noted, it does not provide loans to individuals who are consumers of financial services and does not settle their overdue debts.
The full list of recipients of funds to whom Paytec LLC makes transfers and with whom it has concluded relevant agreements includes the following microcredit companies: Aventus Ukraine LLC (CreditPlus TM), Lineura Ukraine LLC (Credit 7 TM), Selfie Credit LLC (SelfieCredit TM), Slon Credit LLC, Innovation Company LLC, Star Finance Group LLC (StarFin and Suncredit TM), FC Procent LLC, KLT Credit LLC, and Gama Upgrade LLC.
The National Bank of Ukraine has issued a new commemorative coin dedicated to the traditional sacred holiday – Christmas, the National Bank of Ukraine announced on Facebook.
“Our new commemorative coin, ”Spirit of Christmas,” embodies the deep traditions of this joyous family holiday, which have kept Ukrainians together for generations. It features a stylized image of a golden straw didukh, a traditional attribute of Ukrainian Christmas, and is filled with the warmth and comfort of a pre-Christmas meal of a Ukrainian family. And although many families are separated by distance today, we are still together in our hearts at the festive table,” the NBU press service quoted the head of the central bank, Andriy Pyshnyy.
The coin with a face value of 10 hryvnias is made of 925 silver, with a pure precious metal weight of 31.1 grams. The decorative elements include double-sided local gilding with a diamond insert (1.5 mm).
The obverse features a stylized image of a straw didukh in the center of the composition. Its base is decorated with a straw angel, symbolizing protection and good news. The background of the composition is divided into two planes resembling a window illuminated by the light of stars on Christmas Eve. One of the stars symbolizes the Star of Bethlehem (with a diamond shining in its center).
The reverse side depicts a traditional pre-Christmas meal of a Ukrainian family, where the images of the father, mother, and children are visually identified with celestial bodies: the halos around their heads symbolize the Sun (wife), the Moon (husband), and the stars (their children). In front of the family is a table with 12 dishes: kutia, varenyky, pampukhy, fish, and other traditional treats, as well as garlic heads—a talisman against evil spirits.
Artists Volodymyr Taran, Oleksandr Kharuk, Serhii Kharuk, and sculptors Anatolii Demianenko and Volodymyr Atamanchuk worked on the creation of the coin.
The mintage is up to 15,000 pieces.
The commemorative coin will be available in the NBU’s online numismatic store and through distributor banks starting in January 2026.
The impact of mortgages on the housing market in Ukraine remains limited: less than 3% of housing is purchased on credit, with the share varying significantly by region, according to the NBU’s financial stability report for December 2025.
According to the regulator’s estimates, in the Kyiv region, the share of home purchases with mortgages is almost 9%, while in the central, southern, and eastern regions, new mortgages are “almost non-existent.” In the segment of new buildings up to three years old, mortgages are used significantly more often — the NBU indicates that every fifth apartment in this segment is purchased on credit, as the eOselya program is concentrated there.
The NBU draws attention to the low mortgage rates in complexes under construction and notes that about 44% of transactions are for ready-built housing from developers. At the same time, almost 300 complexes under construction have been accredited for sale through eOselya, but most of them have not yet sold any apartments with mortgages. The regulator expects mortgage lending to pick up after the state support mechanisms are updated and, at the same time, emphasizes the need for other steps, including the implementation of Directive 2014/17/EU on mortgage credit, the introduction of European property valuation standards, and increased transparency of real estate price data and control over construction financing.
Declared housing prices in Ukraine remain largely unchanged compared to last year, according to the NBU’s financial stability report for December 2025.
According to the regulator, in Kyiv and Lviv, as well as in the southern, central, and eastern regions, housing on the primary and secondary markets has been offered at roughly the same prices as before over the past six months. At the same time, price dynamics were higher in some western regions, while some regions saw declines. The NBU attributes the lack of sustained price growth factors to a slow increase in the cost of construction amid subdued demand.
The report also notes that the ratio of housing prices to household income remains historically low and is estimated at 8.6x.
In the rental market, according to the NBU, prices are rising in most regions, while in Kyiv, after accelerating in the previous quarter, rents have adjusted downward.
Housing supply in Ukraine remains limited due to a lack of funding sources for developers and the effects of shelling, according to the NBU’s financial stability report for December 2025.
According to the regulator, the area of housing commissioned in the first half of 2025 corresponds to the figure for the same period last year, but the share of apartments in this structure has decreased. According to the NBU, the supply is mainly replenished by the completion of long-started residential complexes, while new projects are launched extremely rarely and mainly in the western regions.
Separately, the NBU emphasizes the impact of air strikes: in the first nine months of 2025, more than twice as many homes were damaged by shelling than in the same period last year.
