KIEV, Oct. 7 – Concentration in the banking sector has mildly increased due to the decline in the number of credit and financial institutions, according to a debut report of the National Bank of Ukraine – the Banking Sector Review – covering the period of January-August 2016.

"Since early 2016 concentration in the sector mildly increased due to the fall in the number of solvent banks. The share of state-run banks of total assets grew by 2.7 percentage points, to 32.2%, and the shares of other groups decreased," the NBU said in the report.