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It's official — Ukraine has a new bank
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It's official — Ukraine has a new bank

by Luca Léry Moffat

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 Guarantee Fund announced on Monday at a press conference in Kyiv that Ukraine's central bank had approved the sale, paving the way for the bank to begin operations tomorrow. Iute purchased a bridge bank from Ukraine's guara

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It's official — Ukraine has a new bank

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 Guarantee Fund announced on Monday at a press conference in Kyiv that Ukraine's central bank had approved the sale, paving the way for the bank to begin operations tomorrow. Iute purchased a bridge bank from Ukraine's guara

One battle after another: Kyiv's historic markets lose ground to trendy food halls

The food hall development revolution spreading across Europe has reached Ukraine's historic markets. At the end of 2025, Kyiv's historic Bessarabskyi market — a more than 100-year-old, 900-square-meter brick building located at the western end of the city's main thoroughfare Khreshchatyk — was reopened as a brightly-lit, upscale food court. While the status-protected exterior remained unchanged, the market's center now features a large bar, with most of the interior converted into a dining are

A view at the coffee shop at the Bessarabskyi market in Kyiv, Ukraine on Feb. 11, 2026.

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