The National Bank of Ukraine (NBU) announced on its website that the number of non-banking financial market participants decreased by 20 participants to 1265 in June 2023.
At the same time, it noted that the number of banks in June has not changed and amounted to 65.
As of June 30, 103 non-life insurers (104 in May) and 12 life insurers, one insurer with special status, 164 pawnshops (there were 166), 151 credit union (153), 82 leasing companies (85), 629 financial companies (643), 56 insurance brokers and 67 collection companies (66) worked in the non-bank market.
In addition, the market is recognized 25 banking groups and 22 non-banking financial groups (the number has not changed).
During June, 20 participants of the non-banking financial services market were excluded from the registers: four financial companies, one insurer, two pawnbrokers, one credit union and one lessor were excluded from the registers voluntarily, and the other eight financial companies, one credit union and two lessors – forcibly. During June, one collection company was included in the registry.
Besides, according to the law “On Payment Services” two financial companies were excluded from the State Register of Financial Institutions and included into the Register of Payment Infrastructure in the status of payment institutions.
According to the NBU, in June the licenses of financial payment services representatives were issued to four financial companies and denied to one. At the same time, six financial companies, one insurer, two pawnshops, one CC and one leasing company had their licenses revoked on the basis of applications submitted by them, and one financial company was forced to cancel the license as an enforcement measure.
As of June 30, 32 resident payment systems and 16 international payment systems operate in the payment market.
In addition, there are 17 payment institutions (+2 to May), 10 financial institutions with the right to provide payment services (+2), three banks – issuers of electronic money and a postal operator.
Other entities operating in the payment market include 42 commercial agents (against 37 in May) and 35 technological operators of payment services
In June, the National Bank received 287 requests for registration and licensing actions from market participants. The number of requests on financial companies, pawnshops and lessors amounted to 118, on credit institutions (banks and credit unions) – 104, insurers – 62, payment institutions – 3.
