KIEV, Nov. 28 – Ukraine’s State Commission for Financial Market Regulation of has forecast that the capitalization of non-banking financial organizations will fall and their financial state will worsen, Commission Chairman Valery Alyoshyn Financial Market Regulation said in Kiev on Thursday.
He said that this might concern insurance, financial companies and credit unions.
He also said that the non-banking sector of Ukraine, which is under regulation of the commission, is not in the epicenter and did not cause the crisis. It is affected by problems in the banking, industrial and agricultural sectors of the real economy.
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