Policy Win: The National Bank of Ukraine Increased the Limit of Repatriation of Dividends to 12 mln EUR per Month
The American Chamber of Commerce in Ukraine welcomes the adoption of Resolution of the Board of the National Bank of Ukraine (NBU) #66 dated May 7, 2019 "On Amendments to the Regulations on Protection Measures and Determining the Procedure for the Implementation of Certain Transactions in Foreign Currency" that comes into force on May 8, 2019.
This NBU Resolution allows repatriation of dividends in the amount of 12 mln euros per month. This increase from 7 mln euros to 12 mln euros will contribute to improving overall investment climate in Ukraine and increasing confidence of the future investors.
At the same time, a number of steps remain to be taken on the way to full liberalization of the currency market and the Chamber will take every single effort for achieving these steps and ensuring their effective implementation.