Number of nonbank market participants grew in February - NBU

Number of nonbank market participants grew in February - NBU

Ukrinform
In February 2021, the number of participants in the nonbank financial services market in Ukraine increased for the first time in the past six months, the press service of the National Bank of Ukraine (NBU) reports.

In particular, the number of participants in the nonbank financial services market grew from 2,006 to 2,009. Currently, the nonbank market consists of 190 risk insurance companies and 20 life insurance companies, 298 pawnshops (301 before), 316 credit unions (318 before), 144 leasing companies (143 before), 976 financial companies (969 before), and 65 insurance brokers.

There are 37 payment systems created by residents and 13 international payment systems created by non-residents in the Ukrainian payment market.

As reported, on July 1, 2020, the National Bank became the regulator of insurance, leasing, financial companies, credit unions, pawnshops and credit bureaus.

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