It’s official — Ukraine has a new bank

By Amnon J. Jobi on March 16, 2026 1:02 pm |

Ukraine will have a new bank on its books as of tomorrow, after Estonian fintech Iute Group finalized its entry into the market on March 16 — the first foreign bank to enter the country’s competitive banking sector since 2021.

Representatives from Iute and Ukraine’s Deposit

Published in Russia and Ukraine

Amnon J. Jobi

Amnon J. Jobi is sole Editor in Chief at The Daily Reformer®. He writes like it is 1998.

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It’s official — Ukraine has a new bank

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