Business

Poroshenko’s bank fined UAH 20.5 million: 5 more banks on the list of violators

In March 2025, the National Bank of Ukraine imposed enforcement actions against six banks for violations in financial monitoring, currency supervision and reporting. The total amount of fines is tens of millions of hryvnias. This was reported by Komersant ukrainskyi with reference to the National Bank.

According to the NBU press service, the sanctions relate to non-compliance with anti-money laundering, terrorist financing and currency legislation.

Banks fined: reasons and owners

JSC International Investment Bank

• Thefine: uAH 20.5 million.
• Reason: inadequate customer due diligence, lack of a risk-based approach, and untimely provision of information to the NBU.
• Ownership: 60% of the shares are owned by companies of former President Petro Poroshenko, 10% by his son Oleksiy, and 14% by Ihor Kononenko, Poroshenko’s business partner and former MP from the Petro Poroshenko Bloc.

JSC “Bank “Ukrainian Capital”

• Penalty: uAH 20 million.
• Reason: violations in customer due diligence and failure to apply a risk-based approach.
• Ownership: 88% of the shares are controlled by Serhiy Belashov, a Poltava MP from Batkivshchyna, and his family, the rest by the family of Vladyslav Kyva, a former deputy of the Poltava City Council from Conscience of Ukraine, who are partners in agribusiness.

JSB “Pivdennyi”

• Penalty: uAH 7.5 million 400 thousand.
• Reason: violations in customer due diligence, lack of risk-based approach and insufficient currency supervision, including analysis of transactions.
• Ownership: A significant share of shares is owned by the family of Odesa banker Yuriy Rodin, who owns the Arcadia shopping center in Kyiv. The bank is headed by his daughter, Alla Vanetsyants, and 25% of the shares are owned by the family of Mark Becker from Kharkiv, Rodin’s business partner.

JSC “Pravex Bank”

• Penalty: uAH 5 million.
• Reason: inadequate customer due diligence and lack of risk-oriented approach.
• Owners: the bank is part of the Italian group Intesa Sanpaolo, a leading Eurozone banking holding with a global presence.

JSC “Sense Bank”

• Penalty: uAH 4.1 million.
• Reason: violations in customer due diligence and failure to apply a risk-based approach.
• Owners: a state-owned bank managed by Ukraine.

JSCB Lviv

• Penalty: uAH 2.051 million.
• Reason: similar violations in customer due diligence and risk management.
• Ownership: The controlling stake is owned by ResponsAbility Participations AG, a Swiss company that invests in socially responsible projects, and Ukrainian minority shareholders.

Additionally, Sunlight Assets and Company received a fine of UAH 51 thousand for failure to submit statistical reports. There is no information about the owners of this institution in the NBU’s notification.

Why has the NBU stepped up its supervision?

The fines reflect the NBU’s desire to strengthen its control over the banking sector to prevent money laundering and financing of illegal activities. Insufficient customer due diligence and a lack of a risk-based approach can create gaps for financial fraud. Currency supervision is important for the stability of the economy, especially in times of war.