Ukraine's top 20 banks account for 91% of sector's net assets – NBU

The Ukrainian banking sector is becoming more concentrated, while the country's 20 largest banks now account for 91% of the sector's net assets, according to the presentation on the NBU's website.

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According to the regulator estimates, the state's share in the banking sector increased to 56% in net assets and to 62% in retail deposits.

As reported earlier, assets of banks operating in Ukraine, excluding the insolvent financial institutions, grew by UAH 1.885 billion, or by 0.2%, in January-April, 2017, to UAH 1.258 trillion.

Read alsoUkraine's solvent banks see billions in profit against losses year earlierAs of May 1, 2017, the number of operating banks in Ukraine, holders of a license for banking operations, amounted to 90, including 38 banks with foreign capital.

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