As of June 1, 2025, the number of participants in Ukraine’s non-banking financial market has decreased to 820 companies, down from 825 at the beginning of May. The number of banks remained unchanged at 60.
This is reported by Finway
Changes in the Composition and Licensing of Market Participants
In May, one insurer engaged in risky activities was removed from the state registers at its own initiative, and four financial companies were removed forcibly. At the same time, eight new insurance or reinsurance brokers were added to the Register of Insurance Intermediaries.
“Additionally, in May, the National Bank approved a change in the scope of the license for the provision of financial services (narrowing of the license scope) for one financial company. Licenses for two financial companies and one risky insurer were voluntarily revoked (based on submitted applications). At the same time, the licenses of two financial companies were revoked forcibly,” the statement said.
Market Structure and Key Indicators
At the beginning of June 2025, the non-banking financial services market included:
- 438 financial companies (down from 442 in May);
- 52 non-life insurers (previously 53);
- 10 life insurance companies (life insurers);
- 1 insurer with special status;
- 106 pawnshops;
- 96 credit unions;
- 1 leasing company;
- 43 insurance brokers;
- 73 collection companies.
The number of banking groups in the market remained unchanged at 15. Meanwhile, the number of non-banking financial groups decreased by one, totaling 40.
In the payment market, there are 15 payment systems created by Ukrainian residents, including state ones, and 14 international payment systems — these figures have remained stable.
In the segment of financial payment service providers, there are 18 payment institutions, 12 financial companies authorized to provide payment services, one bank that issues electronic money, and one postal operator.
Among other payment market entities, there are 50 commercial agents (the number has not changed) and 31 technological payment service operators. Detailed information about all participants in this market is available in open registers.