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NBU registered the first collection companies

Photo: NBU Press Center

Collection companies must be registered with the National Bank

In Ukraine, for the first time, there was a legislative regulation of the behavior of collection companies and financial institutions in the settlement of overdue debt on consumer loans.

The National Bank of Ukraine registered the first five companies that received the status of collection companies. This is reported on the site regulator on Tuesday, 7 September.

We are talking about such companies:

  • LLC Company Axilium;

  • LLC Infidis;

  • Fintech-Collect LLC;

  • Collection Execution Service LLC;

  • LLC Ukrainian collection agency.

The National Bank noted that in Ukraine in 2021 for the first time there was a legislative regulation of the behavior of collection companies and financial institutions in the settlement of overdue consumer loans.

We will remind, on April 7, President Volodymyr Zelensky signed a law that strengthens the protection of debtors for consumer loans and introduces standards for collectors… On March 19, the Verkhovna Rada adopted a corresponding law. 274 People’s Deputy voted “for”.

NBU has set a tariff for the registration of a collection company

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