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NBU plans to ban non-banks from cash currency market

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The National Bank of Ukraine (NBU) plans to ban non-banking companies from operating on the cash currency market, First Deputy NBU Governor Oleksandr Pysaruk has said.

«We have enough banks,» he told reporters in Kyiv on Tuesday.

Pysaruk said that 99% of all currency exchange transactions are carried out in bank exchange offices.

He added that Ukraine is second in Europe after Bulgaria in the number of exchange offices per 100,000 persons — 44.2. (33.5 in Poland, 61.2 in Bulgaria, 23.6 in the Czech Republic and 16 in Hungary).

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