NBU revokes two licenses of credit union

The National Bank of Ukraine (NBU) has revoked two licenses of Credit Union “Shans-Plus” on the basis of its own application, Ukrinform reports with reference to the central bank’s press service.

"This decision was approved by the Committee for Supervision and Regulation of Nonbank Financial Services Market on July 14, 2021. Thus, two credit union’s licenses on providing financial services were revoked: namely, on providing funds for lending, including on the terms of financial credit, and also on attracting financial assets with the obligation to return them later,” reads the report.

The National Bank notes that as of April 1, 2021, the liabilities of the credit union amounted to UAH 1.2 million (0.09% of the total market), and its assets - UAH 2.4 million (0.1% of the total market).

As reported, on July 1, 2020, the National Bank became the regulator of nonbank financial services market.

iy

UkrInform

Ukraine and world news. Ukrinform brings the latest news, daily news, political news, business news, social news, cultural news, sports news, international news

https://www.ukrinform.net/

Related news
UIA cuts number of scheduled flights by 49% in H1 2021.

UIA cuts number of scheduled flights by 49% in H1 2021.

Ukraine International Airlines performed 2,039 scheduled flights in January-June 2021, which was 49% less than in the same period of 2020 and 85% less than in the first half of 2019, the company's press service has told Ukrinform.

UkrInform

BREAKING: Eight deaths as wildfire spreads in southern Turkey.

BREAKING: Eight deaths as wildfire spreads in southern Turkey.

Sky News' Alex Crawford reports from Turkey where wildfires have taken hold near the resort town of Bodrum. SUBSCRIBE to our YouTube channel for more videos: Follow us on Twitter: Like us on Facebook: Follow us on Instagram: For more content go to...

This Morning’s Top Headlines – August 2 - Morning News NOW.

This Morning’s Top Headlines – August 2 - Morning News NOW.

The U.S. surpasses 35 million Covid cases as the delta variant surges, health experts are pushing for more vaccinations among nursing home workers, and Americans no longer need to quarantine when traveling to the U.K. » Subscribe to NBC News: » Wa...

Concha on CDC Director Walensky being the 'wrong COVID-19 messenger'.

Concha on CDC Director Walensky being the 'wrong COVID-19 messenger'.

Centers for Disease Control and Prevention Director Rochelle Walensky walks back remarks on vaccine mandate. Fox News contributor Joe Concha weighs in on 'Fox & Friends First.' #FoxNews #FoxFriendsFirst Subscribe to Fox News! Watch more Fox News V...

Texas rancher says his county is at the epicenter of a migrant 'invasion'.

Texas rancher says his county is at the epicenter of a migrant 'invasion'.

Brent Smith, a Texas rancher and Kinney County attorney, details damage due to illegal crossings, noting fences have had to be repaired and some ranchers in the area have had to hire private security 'to defend their own property rights.' Subscrib...

ICE To Begin Processing Migrant Families To Relieve Border Station Overcrowding.

ICE To Begin Processing Migrant Families To Relieve Border Station Overcrowding.

In an unprecedented move, ICE is set to begin processing migrant families at the southern border in an attempt to alleviate overcrowding at patrol stations, according to two Homeland Security officials. NBC News justice correspondent Julia Ainsley...

Turkey wildfires - Terrified tourists airlifted & rescued by boats from Brit resorts killing six.

Turkey wildfires - Terrified tourists airlifted & rescued by boats from Brit resorts killing six.

TOURISTS have been airlifted to safety and rescued by boat from popular Brit resorts near Marmaris as wildfires ravage Turkey - killing at least six people. Frantic photos and videos reveal boats and helicopters rescuing people from beaches in the...