The National Bank of Ukraine (NBU) and Toronto Centre signed a memorandum of understanding on 15 April 2026 to formalise capacity development and cooperation aimed at strengthening the NBU’s institutional capacity, organisational resilience and supervisory effectiveness. Under the MoU, the parties will focus on enhancing supervisory effectiveness, strengthening operational resilience and improving risk management systems in line with international best practices, while reflecting Ukraine’s evolving financial sector priorities. The announcement also notes Toronto Centre’s prior support to the NBU through specialised training programmes, including on crisis preparedness, and references donor backing for this work from the Government of Canada, the Swedish International Development Cooperation Agency and the International Monetary Fund.
National Bank of Ukraine 2026-04-16
National Bank of Ukraine and Toronto Centre sign memorandum of understanding to deepen supervisory capacity development and cooperation
The National Bank of Ukraine and Toronto Centre have signed a memorandum of understanding to formalise cooperation on strengthening the central bank’s institutional capacity, organisational resilience and supervisory effectiveness. The partnership will focus on enhancing supervision and risk management in line with international best practices, building on prior Toronto Centre training support backed by donors including the Government of Canada, the Swedish International Development Cooperation Agency and the International Monetary Fund.