REUTERS
The reaction came following anti-laundering inspections.
The National Bank of Ukraine (NBU) fined five banks in April following the inspections on countering money laundering.
The regulator fined MTB Bank for UAH 4.35 million (US$163,410), RVS Bank for UAH 3 million (US$112,697), Alpari Bank for UAH 2 million (US$75,131) for carrying out risky operations in the field of financial monitoring, as reported on the NBU website.
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The regulator also fined Vostok Bank for deficiencies in financial monitoring for UAH 300,000 (US$11,269) and the Settlement center for servicing contracts in financial markets controlled by the National Bank of Ukraine for UAH 200,000 (US$7,513).
As UNIAN reported, the National Bank of Ukraine in the first quarter of 2019 fined six banks for violation of legislation in the field of financial monitoring.