In December, five new companies entered the financial market, while the National Bank removed 21 from its registries.

The number of participants in the non-bank financial market decreased from 892 to 876 in December 2024. The number of banks remained unchanged at 62.

This was reported by the regulator's press service. 

Five new participants entered the market: one financial company, two insurance brokers, and two collection companies. At the initiative of the applicant, one risky insurer and one life insurer, three credit unions, and one insurance broker were removed from the registers. Additionally, 11 financial companies, one risky insurer, two pawnshops, and one credit union were forcibly excluded. In total, 21 non-bank institutions remained in the financial market as of December.

As of January 1, 2025, the following participants were operating in the non-bank financial services market:

• 479 financial companies (down from 489);
• 55 non-life insurers (down from 57);
• 10 life insurers (down from 11);
• 1 insurer with special status;
• 109 pawnshops (down from 111);
• 104 credit unions (down from 108);
• 1 leasing company (no change);
• 44 insurance brokers (up from 43);
• 73 collection companies (up from 71).

The number of banking groups in the market decreased from 16 to 15, while the number of non-bank financial groups increased from 31 to 40. There are 15 payment systems established by residents operating in the payment market, including state systems – down from 16, and 14 international payment systems established by non-residents – their number remained unchanged.

At the same time, the following operate in the market of financial payment service providers:

• 18 payment institutions (no change);
• 12 financial institutions authorized to provide payment services (no change);
• one bank – issuer of electronic money (no change);
• one postal operator (no change).

Other entities operating in the payment market include 49 commercial agents (down from 50) and 30 technological operators of payment services – their number remained unchanged.

Background. Earlier, Mind reported that in December 2024, the regulator took enforcement measures against three banks and 25 financial institutions for violations in the field of financial monitoring and currency legislation.