fact-ua.com

The National Bank of Ukraine has revoked the license of a credit union.

НБУ отменил лицензию у кредитного союза.

The decision was made by the Committee on Supervision and Regulation of Non-Banking Financial Services Markets on November 20, 2024. The "Victoria" Credit Union held a simplified license to operate as a credit union with the right to provide loans and banking metals.

As of October 1, 2024, the union's total assets amounted to 594.25 thousand UAH (0.04% of the total market volume of credit unions that submitted reports as of that date), with liabilities of 989.57 thousand UAH (0.12% of the total market volume).

Additionally, the National Bank made a decision to revoke the license for insurance activities and remove JSC "SK "Unives" (EGRPOU 32638319) from the State Register of Financial Institutions based on a submitted application (as part of the voluntary exit procedure from the market by fulfilling the insurance portfolio).