The NBU will establish a specialized financial court.

Monday, January 24, 2022
The NBU will establish a specialized financial court.

 The National Bank of Ukraine (NBU) believes that establishing a specialized financial court is the right way to provide an independent and effective judiciary in ​​financial disputes, said the chairman of the National Bank, Kyrylo Shevchenko. Today, more than 130,000 lawsuits in Ukraine are reported to be related to the financial sector. This is 25% of all cases. The subject of litigation with borrowers are debts of UAH 144B ($5.14B), UAH 18B with depositors ($640M), and 81M ($2.9M) with investors. The relevant bill to establish the financial court “has already been worked out,” confirmed Shevchenko.

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