The National Bank of Ukraine has adopted the decision to revoke general licenses for conducting exchange operations of “Prominko” and “Concord Capital”, the regulator’s message says.
As it is noted, the decision on revoking licenses was adopted on March 15. The reasons for revoking licenses are not specified.
It should be reminded that on February 26 the National Bank revoked the general license of JSC “Group Investment Standard” for fulfilling currency exchange transactions.
In late January NBU reportedly initiated the development of the draft law on revoking the licenses of financial companies for conducting exchange transactions.
National Bank considers that the liquidation of 1107 units of non-banking currency exchange offices will not be noticeable, as they occupy 1% of the market (for 11 months of 2014 they purchased USD 79.9 mln, purchased – USD 79.6 mln), but they “violate legislation”.
“There is no economic expediency in their existence, just a lot of “faff””, - First Deputy of NBU Governor Alexander Pisaruk said.
