No new players appeared on the non-bank financial services market in March, while 37 participants left the market

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The number of non-bank financial market participants decreased from 1,384 (as of February 28) to 1,347 (as of March 31) in March.

The number of banks decreased from 67 to 65 in March. It will be recalled that in March the National Bank decided to revoke the banking license and liquidate “BANK FORWARD” JSC and IBOX BANK JSC.

37 participants of the non-banking financial services market were excluded from the registers: 12 financial companies, five pawn shops, two credit unions and five leasing companies were excluded from the registers voluntarily, and the other seven financial companies, five insurers and one leasing company were excluded from the registers – forcibly.

During March, licenses were refused to one leasing company. At the same time, 15 financial companies, four pawnbrokers, two credit unions and five leasing companies had their licenses revoked voluntarily (on the basis of their applications), and the other three financial companies had their licenses revoked forcibly (as a measure of influence). In addition, part of the licenses of two financial companies and one insurer were revoked voluntarily, and another two financial companies and four insurers were forcibly revoked.

Licenses to one financial company and one lessor have been renewed.

As of March 31, 110 non-life insurers (there were 115 in February) and 12 life insurers (the number did not change), one insurer with a special status, 171 pawn shops (there were 176), 157 credit unions (there were 159) worked in the non-bank market. , 89 leasing companies (there were 95), 682 financial companies (there were 701), 58 insurance brokers (the number did not change) and 67 collection companies (the number did not change).

In addition, 25 banking groups (the number did not change) and 22 non-banking financial groups (the number did not change) were recognized on the market.

There are 33 payment systems (there were 37) created by residents, including state ones, and 16 international payment systems created by non-residents (the number has not changed) on the payment market. In addition, providers of financial payment services operate on the market, among them three banks – issuers of electronic money (the number has not changed). Other subjects operating on the payment market include 36 commercial agents (there were 41) and 35 technological operators of payment services (the number did not change).

In March, the National Bank received 414 requests from market participants for registration and licensing actions. The number of inquiries regarding financial companies, pawnshops and lessors was 256. The number of inquiries regarding credit institutions (banks and credit unions) – 57, insurers – 75, payment institutions – 26.

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