Almost UAH 38 billion transferred from the NBU’s special account for Ukraine’s defence

НБУ

Photo: Getty images

Since the start of the full-scale war, the National Bank of Ukraine has transferred almost UAH 37.9 billion from a special account to support the defence forces. In November 2024, more than UAH 57.3 million was allocated for these purposes, the NBU reports.

As of 1 December 2024, the balance on the special account was over UAH 1.7 billion. In November, the account received almost UAH 230 million. In total, since the beginning of the full-scale invasion, more than UAH 39.4 billion in equivalent has been collected on this account.

Sources of revenue

The funds came from both Ukrainian citizens and businesses, as well as the international community. Among the countries that made contributions are the United States, the United Kingdom, Germany, Sweden, Finland, Poland, Switzerland, Norway, Australia, France, Canada, Bulgaria, Hong Kong and others. In total, over UAH 18.8 billion in foreign currency equivalent was received.

The NBU opened the special account on 24 February 2022, the first day of Russia’s full-scale invasion of Ukraine. Its funds are used to support the Armed Forces of Ukraine and meet defence needs.

Contributions from citizens, businesses, and international partners continue to play a key role in ensuring Ukraine’s defence capability, the NBU said.