In August, eight new companies entered the non-bank financial services market in Ukraine, while 13 companies left the market, the press service of the National Bank of Ukraine (NBU) reported.
In August, the number of non-bank financial market participants decreased to 1,933 (as of August 31) from 1,938 (as of July 31). The number of banks decreased from 73 to 72.
The non-bank financial market consisted of 153 risk insurance companies (160 before) and 17 life insurance companies, 286 pawnshops (287 before), 301 credit unions (303 before), 138 leasing companies (137 before), 977 financial companies (973 before) and 61 insurance brokers.
The Ukrainian payment market includes 37 payment systems created by residents and 14 international payment systems created by non-residents. In August, the National Bank canceled the registration of the international money transfer system Khazri, created by non-residents. (Ukrinform/Business World Magazine)