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Over UAH 16.5 Billion Transferred for Needs of Military, only UAH 32 Million Remains in Special Account

Over UAH 16.5 Billion Transferred for Needs of Military, only UAH 32 Million Remains in Special Account

This is the NBU’s update on the balances in the special account for those wishing to support the Ukrainian Army and the Ministry of Social Policy’s account designated for humanitarian needs.

Special account to support the Army

As of 16 May 2022, the balance on the special fundraising account the NBU opened to support the Armed Forces of Ukraine makes almost UAH 32 million.

The NBU has already allocated over UAH 16.5 billion to meet the needs of the military, in particular:

  • a total of UAH 950 million for the National Guard of Ukraine (UAH 450 million on 26 February 2022, UAH 500 million on 6 March 2022)  
  • a total of UAH 1,650 million for the National Police of Ukraine (UAH 150 million on 28 February 2022, UAH 700 million on 3 March 2022, UAH 800 million on 6 March 2022)
  • a total of UAH 12,970 million for the Ministry of Defense of Ukraine (UAH 182.3 million on 28 February 2022; UAH 843 million on 1 March 2022; UAH 1,999.3 million on 2 March 2022, UAH 920 million on 4 March 2022; UAH 341.2 million on 5 March 2022; UAH 1,843 million on 7 March 2022; UAH 597.9 million on 8 March 2022; UAH 444.5 million on 9 March 2022; UAH 926.2 million on 11 March 2022, UAH 122.7 million on 15 March 2022; UAH 182 million on 16 March 2022; UAH 191.7 million on 17 March 2022; UAH 91 million on 18 March 2022; UAH 330 million on 21 March 2022; UAH 20 million on 22 March 2022; UAH 337 million on 24 March 2022; UAH 235.2 million on 28 March 2022; UAH 503 million on 30 March 2022; UAH 665 million on 1 April 2022, UAH 305.7 million on 6 April 2022; UAH 122.9 million on 8 April 2022; UAH 176.3 million dated 12 April 2022; UAH 247.7 million on 18 April 2022; UAH 182.8 million on 21 April 2022; UAH 221.8 million on 28 April 2022; UAH 194.6 million on 05 May 2022; UAH 742.7 million on 12 May 2022)
  • a total of UAH 980.2 million for the State Border Guard Service of Ukraine (UAH 420 million on 3 March 2022, UAH 300 million on 11 March 2022, UAH 106.2 million on 12 March 2022, UAH 154 million on 14 March 2022).

The total inflow to the special account since it was opened has been an equivalent of over UAH 16.55 billion. That includes the equivalent of almost UAH 5 billion that has been remitted from abroad in foreign currencies (U.S. dollars, euros, GB pounds, Canadian dollars, Chinese renminbi, Japanese yen, Swiss francs, Polish zlotys, Australian dollars).

Money has been coming in from people and businesses in Ukraine and from all over the international community (including the U.S., the UK, Germany, Sweden, Finland, Poland, Switzerland, Norway, Australia, France, Canada, Bulgaria, Hong Kong, and many other countries).

As previously reported, those willing to make donations to support the Ukrainian Army can use the payment details or a template for the card payment available here: https://bank.gov.ua/en/about/support-the-armed-forces

Special account for humanitarian needs

As of 16 May 2022, the balance on the special account of the Ministry of Social Policy the NBU opened for humanitarian purposes is over UAH 332 million. About half of the amount donated has come into this account from outside Ukraine in foreign currencies (U.S. dollars, euros, GB pounds).

Morover, the Ministry of Social Policy of Ukraine, which is both the recipient and administrator of the funds credited to this account, has already transferred over UAH 201 million for humanitarian aid to the victims of russia’s armed aggression.

Please be reminded that to donate funds to help the victims of this war, you can use the payment details or a template for the card payment available here: https://bank.gov.ua/en/about/humanitarian-aid-to-ukraine.

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