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Iute Group Strives to Enter Ukraine with Acquisition of Banking License

Tallinn, Estonia, 6 January 2026. Iute Group, a European digital-first banking group, is striving to enter the Ukrainian market by establishing a regulated bank with a strong focus on digital banking services for everyday financial needs. The market entry is to be based on an agreement with Ukraine’s state-owned Deposit Guarantee Fund following approval by the National Bank of Ukraine. Under the agreement, Iute Group is to acquire a banking license held by a bridge bank together with a selective transfer of low-risk assets and corresponding retail deposit liabilities with a total volume of approximately EUR 4 million from RWS Bank to Iute...

January 6, 2026|

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