NBU Publishes Its First List of Systemically Important Financial Companies: 53 Market Players in Focus

The National Bank of Ukraine (NBU) has for the first time compiled and published a list of systemically important financial companies, which includes 53 non-bank financial institutions. Going forward, these companies will be subject to an enhanced regulatory and supervisory regime, the regulator’s press service reported.

The list covers the largest and most influential players in the non-bank financial sector whose activities are of systemic importance for consumer lending, leasing, factoring, state support programs, and financial services for households and businesses.

Who was included on the list of systemically important companies

The NBU classified companies as “systemically important” based on several criteria:

• asset share of 1% or more in the relevant segment of the financial market;
• affiliation with large financial groups already supervised by the NBU;
• elevated risks of consumer protection violations;
• participation in state financing and support programs.

The list includes well-known micro-lending companies (Moneyveo, Miloan, CreditPlus, MyCredit, Credit7, CreditKasa), payment and fintech companies (WayForPay, NovaPay Credit), leasing operators (OTP Leasing, ULF-Finance, Best Leasing, Winner Leasing), as well as state financial institutions, including the State Mortgage Institution, Ukrfinzhytlo, UkrAgroleasing, and the State Fund for Youth Housing Construction.

Full list of systemically important financial companies according to the NBU

1. Aviior Financial Company LLC
2. Activities Financial Company LLC
3. Miloan LLC
4. Moneyveo Fast Financial Assistance LLC
5. Aventus Ukraine LLC (CreditPlus)
6. Consumer Center LLC (ShvydkoHroshi)
7. Contract House Financial Company LLC
8. ProfitGuide LLC
9. WayForPay LLC
10. Premium Finance LLC
11. Ukrainian Financial Group PJSC
12. Octava Finance Financial Company LLC
13. OTP Leasing LLC
14. ULF-Finance LLC
15. Esca Capital LLC
16. Duster Capital Financial Company LLC
17. Delta Plus Finance Financial Company LLC
18. PT “Garant Service” LLC “Deluxe Finance & Company”
19. MBK Financial Company LLC
20. Paytech LLC
21. Alpha-Invest Group Financial Company LLC
22. Centrofinance Financial Company LLC
23. Magnat Financial Company LLC
24. Tiger Invest Financial Company LLC
25. Alliance Capital Group Financial Company LLC
26. Winner Leasing LLC
27. Scania Credit Ukraine LLC
28. Royal Finance 1 Financial Company LLC
29. Finako Financial Company LLC
30. Solutions Factor Financial Company LLC
31. Atlana Financial Company LLC
32. Ye Hroshi Financial Company LLC
33. Fard Standard LLC
34. Perfect Finance LLC
35. Finexpert Financial Company LLC
36. NovaPay Credit LLC
37. 1st Safe Agency of Necessary Credits LLC (MyCredit)
38. Lineura Ukraine LLC (Credit7)
39. Ukr Credit Finance LLC (CreditKasa)
40. Smartiway Ukraine LLC
41. Selfie Credit LLC
42. State Fund for Youth Housing Construction
43. Ukrainian Financial Housing Company PJSC
44. National Joint Stock Company “UkrAgroleasing” (State-owned)
45. State Mortgage Institution
46. Atom Finance Financial Company LLC
47. Skhid Finance LLC
48. Finvin Financial Company LLC
49. Inter Way Capital LLC
50. Best Leasing LLC
51. Tecom-Leasing LLC
52. European Microfinance Alliance Financial Company LLC
53. EximLeasing LLC

In effect, the NBU has identified the “core” of the non-bank financial market that shapes major cash flows and influences overall financial stability.

What will change for companies on the list

Systemically important financial companies will be subject to additional requirements and obligations, including:

• mandatory preparation and submission to the NBU of a 3–5-year business plan;

• notification of the regulator within 15 business days of any increase in charter capital, with confirmation of the sources of funds;

• verification of funding sources and the business reputation of owners and management;

• regular self-assessment of risks and reporting the results to the NBU;

• increased focus on consumer protection in financial services.

Companies included on the list must bring their operations into compliance with the new requirements by July 1, 2026.

Why the NBU and the market need this

The NBU’s decision is part of a long-term strategy to strengthen oversight of the non-bank financial sector, which has been regulated by the central bank since 2020.

In practice, the regulator aims to:

• reduce regulatory arbitrage between banks and non-bank financial institutions;

• improve transparency of ownership and capital structures;

• lower systemic risks in the micro-lending and leasing segments;

• prepare the market for gradual integration with European financial supervision standards.

For investors and partners, this means greater predictability, higher standards of corporate governance, and reduced reputational risks among key financial market players.

What’s next

In 2025, the NBU also identified systemically important credit unions for the first time—only two entities met the criteria. The next step will be the formation of a list of systemically important insurance companies, as previously announced by the regulator.

In this way, the NBU is gradually building a comprehensive system of differentiated supervision across all segments of the financial market—from banks to microfinance institutions, leasing companies, and insurers.