On December 1, the National Bank of Ukraine imposed sanctions on the financial company "Ye Hroshi" over a number of violations of borrowers' rights when issuing microloans.
Exceeding the maximum rate
The regulator found that the company applied a daily interest rate above the legal maximum of 1%, which contradicts the provisions of the Law "On Consumer Lending".
Clients were also charged additional fees that were not included in the calculation of the daily interest rate, and the company simultaneously applied penalty fees and penalty interest for the same violation.
Regulator's measures
As a result of off-site supervision, the National Bank imposed fines on LLC "FC Ye Hroshi" totaling more than 2.8 million hryvnias and issued a written warning requiring the immediate rectification of the identified violations and measures to prevent their recurrence.
The company's main beneficiary is Violetta Polyanska.
- On August 21, 2024, after an eight-month transitional period, the provision of Law 3498-IX on the cap on loan interest rates was fully brought into effect.
- In 2025 the National Bank noted that most microfinance organizations do not comply with this legal requirement.
