In October 2026, the National Bank of Ukraine imposed a fine of 25 million hryvnias on the state-owned JSC “Sens Bank” for violating financial monitoring regulations. This is the largest fine among the five financial institutions against which the regulator imposed sanctions during the month.
As the NBU reported on November 6, the basis for the sanction was the bank’s failure to properly comply with requirements regarding the application of a risk-based approach and the conduct of due diligence on customers.
Specifically, the regulator found violations of the first and second parts of Article 7 of the Law of Ukraine “On Preventing and Combating the Legalization (Laundering) of Proceeds from Crime, the Financing of Terrorism, and the Financing of the Proliferation of Weapons of Mass Destruction.”
These provisions of the law require the assessment of risks associated with customers and financial transactions and the application of appropriate control measures depending on the level of such risks.
In addition, Sens Bank violated the requirements of paragraph 4 of part two of Article 8 of this law regarding the conduct of due diligence on customers.
Such due diligence involves, in particular, identifying and verifying customers, gathering information about their activities, and applying the financial monitoring procedures prescribed by law.
The NBU’s statement does not specify the particular customer transactions that served as the basis for the fine, nor does it specify the period during which the violations occurred.
In total, in October, the regulator fined two banks and three non-bank financial institutions a combined total of 38.563 million UAH. Sens Bank accounted for approximately 64.8% of the total amount of fines imposed.
Sens Bank is one of Ukraine’s state-owned banks. In July 2023, the bank became state-owned as part of the procedure to remove a systemically important bank from the market and subsequently nationalize it. The bank serves individuals, small and medium-sized businesses, and corporate clients.
Source: National Bank of Ukraine, press release dated November 6, 2026.
First Ukrainian International Bank (FUIB, Kyiv) increased its net profit by 2.5% in the third quarter of 2026—to 1.26 billion UAH from 1.22 billion UAH in the same period of 2025.
According to the bank’s interim financial statements, pre-tax profit in the third quarter rose by 53.8% to 2.51 billion UAH, net interest income by 38.3% to 6.05 billion UAH, and net fee and commission income by 55.8% to 0.99 billion UAH.
At the same time, the loss from impairment of financial assets increased by 49.1% to 1.62 billion UAH, and operating expenses rose by 23.8% to 3.22 billion UAH. Income tax expenses increased 3.1-fold to 1.26 billion UAH from 0.41 billion UAH.
Compared to January–September 2025, PUMB’s net income decreased by 8.7% to 4.38 billion UAH, while pre-tax income increased by 37.0% to 8.75 billion UAH.
Net interest income for the nine-month period increased by 35.3% to 16.93 billion UAH, while net fee and commission income rose by 22.0% to 2.92 billion UAH. Income tax expense totaled 4.38 billion UAH, compared to 1.60 billion UAH a year earlier.
The volume of loans and advances to customers since the beginning of the year grew by 31.5% to 129.03 billion UAH. Specifically, the corporate loan portfolio, net of expected credit losses, increased by 29.2% to 96.63 billion UAH, while the retail loan portfolio grew by 38.8% to 32.40 billion UAH.
The gross book value of loans to the 20 largest borrowers as of September 30 was 14.44 billion UAH, or 10% of the loan portfolio before provisions, compared to 14.52 billion UAH, or 14%, at the beginning of the year.
Customer deposits increased by 7.9% over the first nine months, to 206.20 billion UAH. Deposits from individuals rose by 14.7%, to 76.03 billion UAH, while those from legal entities increased by 4.3%, to 130.17 billion UAH.
Since the beginning of 2026, PUMB’s assets have grown by 8.9% to 251.56 billion UAH, liabilities by 8.0% to 215.48 billion UAH, and equity by 14.3% to 36.08 billion UAH.
FUIB is the largest privately-owned bank in Ukraine; its ultimate beneficiary is Rinat Akhmetov.
According to the bank, since the start of the full-scale invasion, it has paid over 25 billion UAH in taxes and fees to the state budget. Investments in social projects exceeded 1.5 billion UAH.
“Pravex Bank” (Kyiv), whose sole shareholder is the international banking group Intesa Sanpaolo S.p.A. (Italy), will operate under the name “Intesa Sanpaolo Bank” starting October 30, 2026, the financial institution’s press office announced on Thursday.
The name change will not affect existing contracts, banking products, or customer service. The bank’s accounts and services will remain available as usual.
The new brand will be rolled out gradually in branches, on the website, and across the bank’s other digital channels, as well as in informational materials.
Pravex Bank was founded in 1992. According to the National Bank, as of September 1, 2026, it ranked 28th (UAH 17.2 billion) in terms of total assets among the 59 banks operating in the country.
According to Experts.news, all ten of Ukraine’s largest corporate plaintiffs—based on the number of new court cases in 2026—operate in the financial sector. Furthermore, among the 100 most active legal entities that filed lawsuits, 39 are engaged in lending and providing other financial services, according to data from the “OpenDataBot” study published on October 28, 2026.
According to data from the court registry, the largest number of cases filed in the incomplete year of 2026 were initiated by the financial company “Ukr Credit Finance”—80,421.
Second place goes to “Consumer Center” with 68,076 cases, third to “Universal Bank” with 25,544, fourth to “Accent Bank” with 22,002, and fifth to “Factoring Partners” with 19,688.
In sixth place is “Unit Capital” with 19,050 cases. Next are “Digi Finance” with 17,050 cases, “Collect Center” with 16,699, “Credit Capital” with 15,613, and the “European Debt Recovery Agency” with 14,993.
Thus, according to calculations based on the published ranking, the ten largest corporate plaintiffs account for a total of over 299,000 new court cases for the incomplete year of 2026.
At the same time, just two leaders—“Ukr Credit Finance” and “Consumer Center”—appear in 148,497 cases, accounting for nearly half of the top ten’s combined total.
Compared to 2025, the structure of the ranking has changed significantly.
“Ukr Credit Finance” rose from eighth place to first, and “Factoring Partners” rose from 17th to fifth.
“Universal Bank” improved its position from fifth to third, and “Accent Bank” from sixth to fourth. “Unit Capital” rose from ninth to sixth place, “Digi Finance” from 15th to seventh, and “Collect Center” from 13th to eighth.
At the same time, the “European Debt Recovery Agency,” which ranked first in 2025, fell to tenth place.
The ranking indicates a high concentration of legal actions among credit market participants; however, it does not allow for determining what proportion of these lawsuits was successful or what amounts were actually recovered from debtors.
Utilities and energy companies also play a significant role among the top 100 corporate plaintiffs.
According to “OpenDataBot,” 24 entities in the ranking operate in the electricity, gas, heating, and water supply sectors.
Another 14 organizations belong to the public administration sector.
Thus, the most active corporate plaintiffs are predominantly organizations whose activities are related to consumers’ financial obligations, the provision of financial or utility services, and the performance of government functions.
Vasyl Krat, a judge on the Supreme Court of Ukraine, attributes the high level of litigation activity by creditors to the limited options for out-of-court debt collection on consumer loans.
According to him, for banks and financial companies, going to court in many cases remains the primary means of enforcing debt collection.
At the same time, court proceedings allow for verification of the validity of the creditor’s claims, including the legality of the interest charged.
The “OpenDataBot” study covers court cases from 2025–2026 in which legal entities served as plaintiffs. The published results for 2026 are preliminary and are compared with the full previous calendar year.
Source: “OpenDataBot,” a study of Ukraine’s largest corporate plaintiffs dated October 28, 2026.
NovaPay Invest LLC, established by the owners of the Nova Group and “Nova Poshta” Vyacheslav Klimov and Volodymyr Poperechnyuk, together with Supervisory Board Chairman Taras Kyrychenko, notified the National Securities and Stock Market Commission (NSSMC) and BTA Bank of their intention to acquire 100% of the bank’s shares.
According to a statement by “NovaPay Invest” published in the National Securities and Stock Market Commission’s (NSSMC) disclosure system on Friday, the company intends to acquire 20 million common registered shares of BTA Bank, representing 100% of its total common shares.
As of the date of the announcement, “NovaPay Invest” and its affiliates do not hold any shares in BTA Bank.
As previously reported, on June 24, “NovaPay Invest” submitted an application to the Antimonopoly Committee of Ukraine requesting preliminary conclusions regarding the need to obtain permission to acquire control over BTA Bank.
The company’s press office declined to comment to the Interfax-Ukraine news agency on what preliminary conclusions the AMCU had provided.
As of early 2026, BTA Bank was 100% owned by Kenes Rakishev, a citizen of Kazakhstan. According to the National Bank, as of September 1, 2026, the financial institution ranked last—59th—among Ukrainian banks in terms of total assets, with 338.49 million UAH. Over the first eight months of the year, the bank reported a profit of 1 million UAH.
Klimov, Poperechnyuk, and Kyrychenko—who had long headed Pravex Bank—each hold a 33.33% stake in NovaPay Invest.
The founders of the Nova Group, which is represented in the financial sector by NovaPay, announced their plans to enter the banking market in March of this year.
In June, the publication “Ekonomichna Pravda” reported that Nova had signed a memorandum with BTA Bank regarding the future acquisition of the institution and the creation of a financial inclusion bank based on it.
Asvio Bank has launched the amobank mobile banking app as a complement to its existing business model, which is primarily focused on the corporate segment, the financial institution’s CEO, Yevgen Shulika, announced on LinkedIn on Wednesday.
“It’s official now. We’ve launched another mobile banking app during the war,” he wrote.
According to him, the launch of amobank is expected to intensify competition in the Ukrainian banking market, where customers typically use cards from four or five different banks, choosing specific institutions based on terms for deposits, loans, cards, or cashback.
“These statistics indicate that the market still cannot offer customers a comprehensive experience at a single bank,” noted the chairman of the board.
At the same time, Shulika emphasized that the launch of amobank does not mean Asvio Bank is abandoning its current model.
“Asvio Bank is a traditional bank, focused primarily on the corporate segment. It has its own business model, and our goal is not to replace it, but to complement it and expand its technological capabilities,” he added.
According to the regulator, as of September 1, 2026, Asvio Bank ranked 34th in total assets (7.5 billion UAH) and reported a net profit of 2.7 million UAH for January–August.
