AUB News

On August 22, 2025, the Association of Ukrainian Banks held an online meeting dedicated to the development of the factoring services market in Ukraine. The event brought together representatives of the banking and financial sectors to discuss modern approaches to the use of factoring as an effective tool for supporting business liquidity.
The speakers at the meeting were:

• Oleksiy Lysenko, Member of the Management Board, Director of the Legal Department of JSC Creditwest Bank;
  
• Selchuk Shaldirik, Independent Member of the Supervisory Board of JSC Creditwest Bank, Altınbaş Holding INC (Turkey);
  
• Gleb Denisyuk, Advisor on Development and Strategic Partnerships, fintech company Activitis.

During the meeting, participants focused on international experience, in particular examples from Turkey and Romania, where factoring has become an important mechanism for supporting small and medium-sized businesses. Risk management tools that enable financial institutions to expand their customer base while maintaining stability and control over their portfolios were considered separately.

An important topic of discussion was the prospects that the new legislation opens up for Ukraine. The adoption of the Law “On Factoring” creates the conditions for the formation of a transparent and competitive market oriented towards European standards. This, in turn, will contribute to increasing business confidence and attracting new investments.
Particular emphasis was placed on the role of factoring in the reconstruction of Ukraine's economy. This tool is seen as a flexible mechanism for quickly providing companies with liquidity, reducing dependence on traditional lending and supporting the implementation of recovery and infrastructure projects.

The meeting was held online with simultaneous interpretation, which enabled broad participation by representatives of Ukrainian banks and financial institutions.