NBU revokes banking license of Vernum Bank
The National Bank of Ukraine (NBU) has revoked the banking license of JSC Vernum Bank, the central bank’s press service has reported.
Economy
Ukraine-EU agricultural products turnover reaches $2.6 billion in Q1 2019
In January-March 2019, the agricultural products turnover between Ukraine and the European Union made up $2.6 billion, which is by 20% more compared to the relevant period in 2018.
Finance Ministry replenishes state budget with almost UAH 4 bln
The Finance Ministry of Ukraine attracted UAH 3.964 billion to the state budget as a result of the sale of government domestic loan bonds on May 14, according to the ministry’s website.
Zelensky, bankers discuss independence of NBU, cooperation with IMF
Ukrainian President-elect Volodymyr Zelensky on May 14 met with the heads of leading foreign banks in Ukraine, as well as representatives of the Independent Association of Ukrainian Banks, Zelensky's press service has told Ukrinform.
14.05.2019
Kenya ready to become gateway to Eastern and Southern Africa for Ukraine
Kenya expresses readiness to become an entry point for Ukraine to the Eastern and Southern Africa market, and is also open to Ukrainian agricultural technologies and innovative products.
Ukraine, Bulgaria should resume work of commission on trade and economic cooperation
After a nine-year break, Ukraine and Bulgaria should resume the work of the Intergovernmental Commission on Trade and Economic Cooperation.
PM Groysman intends to raise average salary in Ukraine up to $620 by 2021
The Cabinet of Ministers of Ukraine has a clear guideline on an average wage by 2021 - it should reach USD 620.
Almost UAH 43 bln of VAT reimbursed to large taxpayers in January-April 2019
Almost UAH 43 billion worth of value added tax (VAT) was reimbursed to large taxpayers in January-April 2019, which is 34% more than in the corresponding period in 2018, according the press service of the State Fiscal Service’s Office of Large Taxpayers.
Appellate court rules in favor of PrivatBank’s former shareholders
On 13 May 2019, the Sixth Appellate Administrative Court rejected the appeal of the National Bank of Ukraine against the ruling of the Kyiv District Administrative Court dated March 2, 2018, that had satisfied the lawsuit filed by the Cyprus-based company Triantal Investments Ltd – PrivatBank’s former shareholder.
Ukrnafta sees net profit decrease by 76.5% in Q1 2019
PJSC Ukrnafta, Ukraine’s largest oil company, posted a net profit of UAH 296 million for January-March 2019, which is 76.5% less compared with the relevant period in 2018, according to the company’s report on financial and operational results for Q1 2019,which has been posted on its website.
Naftogaz offers to decrease price of natural gas for households
NJSC Naftogaz of Ukraine has sent to contractors the additional agreements containing the new price of natural gas for deliveries within the imposition of special duties, the company’s communications department has reported.
13.05.2019
IMF mission to arrive in Kyiv on May 21
The mission of the International Monetary Fund will arrive in Kyiv on May 21 and will work within two weeks.
First Vice PM Kubiv: Small privatization brings over UAH 1 bln to state budget
The small privatization has brought UAH 1.6 billion to the state budget of Ukraine.
Ukrainian exports grew by nearly $1 billion in 1Q 2019
As of the end of the 1st quarter of 2019, Ukrainian exports will total at least $12.3 billion, showing an increase of almost $850 million compared with the same period last year.