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Tuesday, May 22, 2018

National Bank of Ukraine makes it easier for businesses to invest abroad

The National Bank of Ukraine (NBU) is making it easier for businesses to invest abroad as market conditions stabilize and restrictions ease up overall.

Businesses can invest $2 million per license for FX operations every year under the new rules, according to a press release on the bank's website. The old limit was $50,000 per month. Obtaining a license for FX operations will also be simplified, with less paperwork required for businesses investing less than $50,000.

The NBU board has approved amendments to the new regulations and has already placed them into effect.

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National Bank of Ukraine

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