Business news from Ukraine

Business news from Ukraine

NUMBER OF PARTICIPANTS IN NON-BANKING FINANCIAL MARKET OF UKRAINE DECREASED IN JUNE BY SIX COMPANIES

The number of participants in the non-banking financial market of Ukraine decreased in June by six companies, to 1,653, according to the website of the National Bank of Ukraine (NBU).
At the same time, the regulator clarifies that no new participants have appeared.
According to the NBU, the number of banks as of June 30 has not changed and is 69 financial institutions.
The number of non-life insurance companies – 129, life insurance companies – 13, credit unions – 187 and collection companies – 67 remained unchanged.
At the same time, both the number of pawnshops (to 195) and the number of leasing companies (108) decreased by two participants. One financial company left the market (892 continue to work) and one insurance broker (62).
At the same time, it is indicated that 24 banking groups and 23 non-banking financial groups are recognized on the market.
In the payment market, according to the regulator, there are 37 national payment systems, including state ones, and 16 international payment systems.
In June, the National Bank received 207 requests from market participants for registration and licensing actions. There were 154 requests for financial companies, pawnshops and lessors, 18 for insurers, 34 for credit institutions (banks and credit unions), and one for payment institutions.

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