In November 2019, the National Bank of Ukraine fined Evroprombank UAH 400,000, Megabank UAH 200,000, Radabank UAH 300,000 and Kyiv-based Oschadbank (Savings Bank) state-run bank UAH 200,000 for breeching legislation in the field of financial monitoring.
The NBU has said this in a statement, Ukrainian News Agency reports.
Evroprombank was fined for improper analysis of financial operation of its clients; Megabank for non-cessation of a financial transaction participated by a person being on the list of people related to terrorist activity.
Radabank was fined for improper implementation of an obligation to study bank’s clients; Oschadbank for failure to analyse financial transactions of its clients.
As Ukrainian News Agency earlier reported, the NBU did not fine commercial banks in October.
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