When we hear the word “constitution”, we most often think about politics, the structure of the state or human rights, and much less often about investment or business development. But there is a direct connection between these concepts.
In 2026, the Constitution of Ukraine celebrates its 30th anniversary. During this time, the country has experienced economic crises, financial turmoil, a pandemic and a full-scale war. One thing has remained unchanged — it is the Constitution that has defined the rules on which economic and financial relations are built.
The economy cannot function without trust. People do not invest their money if they are not confident that it is protected. Businesses do not invest without guarantees of ownership. And banks cannot lend without clear rules.
The Constitution is what establishes these rules.
A successful economy is impossible without protection of private property. The Constitution guarantees equal treatment of all owners before the law and protection of their rights.
What does this mean for us as citizens? It means protecting our property — an apartment, house, car or plot of land. For an entrepreneur, it means protecting equipment, production facilities, investments and the results of their work.
This is why people buy property, open deposits, invest in businesses or save money. They do so when they are confident that their property and savings are protected.
The right to own land is particularly important for Ukraine. For a country rich in land resources, this is especially significant because it creates conditions for long-term investment in agriculture, logistics, processing and construction.
Essentially, the protection of private property is the foundation of the modern financial system. Without it, it is impossible to imagine mortgage lending, investment or business development.
The Constitution guarantees everyone the right to engage in entrepreneurial activity that is not prohibited by law.
This right allows people to start their own businesses, create new companies, attract investment and create jobs.
It is equally important that the state should protect competition. Competition encourages companies to improve the quality of their services, introduce new technologies and offer customers better terms.
This also applies to the banking sector. Competition between financial institutions drives the development of digital services, new lending products and deposit programmes.
We use many constitutional provisions every day without even thinking about it.
When we open a deposit, buy an apartment with a loan or launch our own business, we are effectively placing our trust not only in a bank but also in state institutions.
The right to judicial protection allows us to defend our interests in the event of disputes. This is particularly important in the financial sector, where banks, customers, businesses and the state interact.
At the same time, the Constitution also establishes responsibilities for citizens, including the obligation to pay taxes.
Taxes provide funding for the army, which is critically important today, as well as healthcare, education, social programmes and infrastructure. In turn, they create the foundation for the functioning of the economy.
Ultimately, all financial processes come down to one concept — trust, which I mentioned above.
How does it work? People entrust their savings to banks. Entrepreneurs invest in development. Investors put money into the country's economy.
But trust does not appear on its own. It is built over years and largely depends on how consistently institutions operate and how protected citizens feel.
It is telling that Ukrainians' trust in the banking system continues to grow. According to the Deposit Guarantee Fund of Ukraine, this indicator reached 68% in 2025, compared with 56% in 2021.
Even during the war, Ukrainians are increasingly using banking services and placing their trust in the financial system.
It is no secret that the full-scale war has become the biggest challenge for the Ukrainian economy throughout the country's entire period of independence.
However, even under martial law, it is important for businesses to understand that the rules remain clear and that the state operates within the law.
Businesses continue to operate, pay salaries, create jobs and pay taxes. Banks lend to businesses and individuals, support payments and maintain financial stability.
That is why during wartime, the Constitution becomes not only a legal document but also one of the factors contributing to the country's economic resilience.
The importance of the Constitution is reflected even in the country's monetary culture.
Over the years, the NBU has issued coins to mark constitutional anniversaries, and in 2026 it plans to issue a silver commemorative coin titled “30 Years of the Constitution of Ukraine”, with a mintage of 10,000. It will become part of the “Ukrainian State” series.
Such issues are gradually becoming not only collectible items but also a kind of reminder of the events and values that shape the Ukrainian state.
Banks are often called the circulatory system of the economy. Savings, loans, investments and payments flow through them.
But this system can function effectively only when there is a solid legal foundation. Property protection, freedom of entrepreneurship, the right to judicial protection and stable rules of the game create an environment in which the financial system can operate.
It is precisely the stable and inviolable rules established by the Constitution that allow citizens to plan, businesses to develop and the economy to recover even in the difficult times we are all experiencing today.
Translation into English was created with the help of artificial intelligence.
