The National Bank of Ukraine (NBU) in October 2026 fined two banks and three non-bank financial institutions a total of 38,563 mln UAH: the largest sanctions were imposed on Sense Bank — 25 mln UAH and Oschadbank — 10 mln UAH.
Sense Bank and Oschadbank — grounds for fines
Sense Bank must pay 25 mln UAH for improper application of a risk-oriented approach and breaches of requirements for proper customer due diligence. The NBU pointed to the absence of risk assessment related to customers and the failure to apply additional control measures depending on the level of risk.
Oschadbank was fined 10 mln UAH for shortcomings in customer verification, inadequate risk assessment and issues with providing information to the regulator. The bank submitted accurate documents and information to the NBU late or not in full, and customer questionnaires contained data whose veracity was not confirmed by available documents.
Breaches at non-bank institutions and additional warnings
The pawnshop Kredit Yukreyn was fined 2,747 mln UAH for deficiencies in the organisation of primary financial monitoring, in particular for shortcomings in updating internal procedures, customer verification and risk assessment. The NBU also recorded that the pawnshop did not conduct enhanced checks on a client who is a family member of a politically exposed person (PEP).
In addition to the fine, the pawnshop received a written warning for breaches of currency legislation: carrying out operations with non-resident individuals involving the provision and repayment of loans and payment of interest in hryvnia without the relevant NBU licence, as well as deficiencies in maintaining registers of cash currency purchases and sales.
The financial company ARTUA was fined 799 thousand UAH for shortcomings in internal financial monitoring procedures, inadequate customer verification, problems with maintaining questionnaires and storing documents, including when servicing politically exposed persons and persons related to them. The company FINOFIS was fined 17 thousand UAH for failing to submit separate statistical reporting on foreign-exchange operations to the NBU.
Sanctions statistics released by Olha Vasylevska-Smaglyuk
Member of Parliament Olha Vasylevska-Smaglyuk released statistics on sanctions for 2022−2025: over that period the NBU imposed 88 fines on banks totalling 1,18 bln UAH, and 213 fines on non-bank financial institutions totalling 464 mln UAH. The regulator made nine decisions to revoke licences and liquidated two banks.
For 2025, according to her data, banks received 37 fines totalling 416 mln UAH, and non-bank institutions received 49 fines totalling 157 mln UAH. Vasylevska-Smaglyuk noted that financial monitoring has ceased to be a purely formal procedure and requires clear and uniform rules for all market participants.
