The National Bank has restricted the activities of three credit unions
11 July 07:59
The National Bank of Ukraine has taken enforcement action against three credit unions for violating prudential standards. Until the end of 2025, they are prohibited from entering into new loan agreements and amending existing ones in case of exceeding the established limits. This is reported by the press service of the NBU, "Komersant Ukrainian" informs
The NBU has announced the application of restrictive measures to three credit unions in connection with violation of financial stability requirements.
The regulator has imposed restrictions on the provision of certain financial services to credit unions Nashi Lyudy and Samopomich until December 31, 2025. This includes a ban on lending to union members if:
- the conclusion of new loan agreements will lead to an excess of 15% of liabilities from the regulatory capital;
- extending the term of existing agreements will increase liabilities beyond 15% of capital;
- changes in the agreements will lead to a similar excess of the limit.
Galychyna Credit Union is also subject to restrictions, but with lower thresholds. In particular, it is prohibited to
- enter into new agreements if the amount of liabilities exceeds 10% of the regulatory capital;
- extend existing agreements under similar conditions;
- to make changes to the agreements if it causes the amount of liabilities to exceed 15% of the capital.
Such measures are aimed at ensuring the stability of credit unions and protecting the interests of their members.
What is known about credit unions
CS “Our People”
According to YouControl, the legal entity “Our People” was registered in 2004.
The authorized capital of the legal entity is UAH 0.
The main activity is the provision of lending services.
CS “Samopomich”
According to YouControl, the legal entity CS “Samopomich” was registered in 2004.
The authorized capital of the legal entity is UAH 0.
The main activity is the provision of financial services related to alternative forms of credit.
Other activities include participation in financial intermediation.
CS “Galicia”
According to YouControl, the legal entity CS “Halychyna” was registered in 2004.
The authorized capital of the legal entity is 0.00.
The main activity is the provision of financial services in the field of lending that do not belong to the traditional banking segment. The company focuses on flexible forms of financial support for individuals and communities in need of alternative lending solutions.
Additional activities include money intermediation operations, including financial support, cash flow management and other activities.
