Ukrainian Crisis Response


Stay updated on the state of
Ukraine's credit union system

World Council created this page as a resource for the latest news and information about how credit unions in Ukraine are faring in the face of the Russian invasion, and how the worldwide credit union movement is responding to help them. All of the content is provided by World Council, its members, or their affiliated credit unions and financial cooperatives. To share information from your organization on this page, please email us at To make a donation to to Worldwide Foundation for Credit Unions' Ukrainian Credit Union Displacement Fund, click here

Ukrainian Credit Unions Receive Extension on Deadline for Submitting Inspection Results

Due to martial law, the National Bank of Ukraine (NBU) on March 31 extended deadlines that credit unions and other non-bank financial institutions face for reporting on any follow-up measures recommended to them during inspections of their institutions over the course of 2022.

The NBU has also postponed the submission of all action plans based on the  regulator’s recommendations or any objections to those recommendations.

Nonbank financial services market participants will not be required to provide any of that information until 30 business days after martial law is lifted in Ukraine.

This most recent move comes just a week after the NBU declared that credit unions do not need to treat any missed loan payments that occur from February 28, 2022 to within 60 calendar days after the termination of martial law as delinquent or overdue.

World Council of Credit Unions advocated for that measure and continues to work through its International Advocacy team and its USAID-funded Credit for Agriculture Producers’ (CAP) Project to advocate for emergency regulatory reforms before the NBU on behalf of Ukrainian credit unions, so that they may continue to serve members and communities despite the ongoing conflict.