[9][3] In 2010, Kyrylo Shevchenko together with his business partner, First Deputy Minister of Finance during the Azarov administration Vadym Kopylov, bought the now liquidated Terra Bank.

[25] From April 1, 2021, the new NSFR prudential standard was introduced aimed to stimulating of banks in order to attract more stable and long-term sources of funding.

[32] The activity of the NBU under Shevchenko was characterized by independence from the government in making and implementing decisions, which was a determining factor for the IMF and other creditors in the matter of financing Ukraine.

[34] On 24 February 2022, at the beginning of the Russian invasion, the NBU fixed the dollar exchange rate and introduced currency and cash withdrawal restrictions to prevent capital outflows.

[34] According to the MP Yaroslav Zheleznyak, First Deputy Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy, the NBU with Shevchenko as its head was one of the few state authorities that were best prepared for the war and coped with its task most effectively.

[38][39] Maksym Oryshchak, an analyst at the Center for Exchange Technologies, said that Shevchenko's resignation was caused by his difficult relations with the country's ruling elites.

[42] In addition, the President’s Office was dissatisfied with Shevchenko's conflict with the first deputy head of the NBU Kateryna Rozhkova, as well as his decision to leave her only technical functions.

[43] On October 6, 2022, the Specialized Anti-corruption Prosecutor's Office notified the head of the National Bank Kyryl Shevchenko and four other persons of suspicion of illegal actions during his leadership of Ukrgasbank.

In the Ukrainian Forbes, one of the lawyers from the Office of the President team said on the rights of anonymity, that the NABU investigation about the Ukrgasbank case, which lasts more than 4 years, could only be a lever of pressure on Shevchenko.

[48] Yulia Samaeva, editor of the Ukrainian weekly economics department, claimed that criminal proceedings were a tool of pressure on Kyryl Shevchenko, who refused to comply with the requirements of the Office of the President on hryvnia emission,[49] lowering the discount rate and other regulatory decisions within the competence of the NBU.

[50][51] Financial analyst and economic expert Oleksii Kushch considered that, “the case opened by the National Anti-Corruption Bureau (NABU) against him contains no convincing evidence of the guilt of the former head of the NBU and has no judicial prospect”.

[52] On October 25, Shevchenko announced that he was on consular registration in an EU country, and had officially informed Ukraine’s law enforcement authorities about his actual location.

Separately, Shevchenko expressed the opinion that declaring him wanted is an unnecessary confirmation of the involvement and politicization of the investigation and called on NABU to ensure the openness, transparency and impartiality of the process.