Over $580 Million in Transactions Under Stimulative Currency Liberalization Attributed to 'Loan' Limit – NBU

In the framework of stimulative currency liberalization being implemented in Ukraine, legal entities have conducted currency transactions totaling over $600 million. Of this amount, more than $580 million has been utilized under the so-called 'loan' limit. This information was reported by the press service of the National Bank of Ukraine (NBU) in response to a request from the Interfax-Ukraine news agency.

The NBU's press release also noted a significant demand for operations within the 'investment' limit, which amounts to $25 million. This limit allows companies to attract foreign investments and supports business development in Ukraine.

The 'loan' limit, under which enterprises have the opportunity to repay 'old' external loans to non-residents, is actively used by both large and small companies. This indicates that businesses in Ukraine are striving to optimize their financial obligations and reduce risks associated with currency fluctuations.

At the same time, the free 'investment' limit currently stands at over $250 million. These funds, which have entered the capital of Ukrainian enterprises since the beginning of the stimulative liberalization, have not yet been withdrawn for the purposes outlined by this liberalization. This suggests that Ukrainian enterprises are actively utilizing opportunities to attract foreign investments, which is a crucial factor for the country's economic growth.

Regarding the 'donation' limit, the National Bank noted that tracking the volumes of operations within this framework is more complicated. This is due to the fact that the account opened for the needs of the Armed Forces of Ukraine (AFU) is constantly replenished, including by legal entities. Information about the use of the donation option for conducting specific currency operations is held by servicing banks, which complicates the monitoring of these operations.

As previously reported, last week, NBU Chairman Andriy Pyshny held a working meeting with representatives of the largest banks in Ukraine, stating that operations under the stimulative currency liberalization amounted to nearly $600 million. He also added that the regulator is already working on the next package of currency softening measures, indicating the NBU's intention to continue supporting the country's economy amid the challenges it faces.

The National Bank of Ukraine reminded that in May 2025, the format of liberalization measures was supplemented with stimulative currency liberalization. Under this framework, the 'investment' limit equals the amount of funds attracted from abroad to the statutory capital of enterprises since May 10, 2025, the 'donation' limit corresponds to the amount of transfers by companies to a special account of the NBU for supporting the AFU since August 7, 2025, and the 'loan' limit, which has been in effect since January 14, 2026, corresponds to the amount of foreign currency loans and credits received from abroad and credited to the account of the company in a Ukrainian bank after January 1, 2026.