Development of business architecture of the banking sector based on public-private partnership
-
DOIhttp://dx.doi.org/10.21511/bbs.17(2).2022.13
-
Article InfoVolume 17 2022, Issue #2, pp. 150-162
- Cited by
- 586 Views
-
196 Downloads
This work is licensed under a
Creative Commons Attribution 4.0 International License
The purpose of the paper is to identify promising areas of business architecture of the banking sector of Ukraine’s economy based on public-private partnerships. Business architecture integrates risks due to the predominance in a certain period of development of the banking sector of different business models. Its development should involve the subordination of private interests of the banking business to national and public needs to achieve economic growth. Such a public-private partnership should become an institutional tool for the formation and functioning of a business architecture, based on socially responsible banking.
Development directions of business architecture of the Ukrainian banking sector based on public-private partnership are determined by the results of correlation and regression assessment of the impact of business architecture on economic growth in 2015–2020.
The generalization of the effects on gross investment and gross consumption allows identifying the following areas for targeted changes in business architecture of the banking sector in Ukraine’s economy: 1) reducing the lending activity of banks with retail, corporate, and universal business models; 2) incitement the lending activity of banks with a corporate business model with retail financing and a business model of limited credit intermediation.
The paper substantiates the feasibility of transition to mesoprudential banking regulation and supervision. The main priority of this approach is to reduce systemic risks, which is determined by the propensity for similar risks within groups of financial institutions with the same business models.
- Keywords
-
JEL Classification (Paper profile tab)G20, О16, G21
-
References29
-
Tables5
-
Figures1
-
- Figure 1. The concept of business architecture of the banking sector of the economy
-
- Table 1. Factors and directions of their impact on economic growth for different business models of banks
- Table 2. Correlation coefficients of indicators of Ukraine’s banking sector with the contribution of certain groups of banks by business model type to their formation in 2015–2020
- Table 3. Elasticity coefficients of changes in the absolute value of 1% real GDP growth to changes in factors of the regression model
- Table 4. Assessing the residual impact of changes in business architecture of the Ukrainian banking sector on GDP
- Table 5. Consequences of business architecture change
-
- Andreeva, E. S. (2013). Otsenka effektivnosti proektov gosudarstvenno-chastnogo partnerstva: metodologicheskiy podkhod [Evaluation of the effectiveness of public-private partnership projects: a methodological approach]. Bulletin of Kazan Technological University, 16, 300-303. (In Russian).
- Barkalov, S. А., Bekirova, О. N., & Mazharova, L. А. (2015). Regarding the issue of the role and perspectives of public-private partnership in the modern economic system. Economics and Management, 4(1), 113-119. (In Russian).
- Borio, C. (2010). Implementing a Macroprudential Framework: Blending Boldness and Realism. Basel: Bank for International Settlements.
- Busіnеss Аrсhіtесturе Guіld. (2020). А Guіdе tо thе Busіnеss Аrсhіtесturе Bоdy оf Knоwlеdgе (BІZBОK Guіdе). Vеrsіоn 8.5.
- Danilin, A., & Slyusarenko, A. (2005). Arkhitektura i strategiya. “In” i “Yan” predpriyatiya informatsionnykh tekhnologiy [Architecture and strategy. “Yin” and “Yang” information technology enterprise]. Moscow: The Internet University of Information Technologies. (In Russian).
- Drogobyckaya, K. S. (2014). Business Architecture as a Model of the Organization. Corporate Governance. Management Sciences, 3, 16-23. (In Russian).
- Frаnk, U. (2006). Tоwаrds а Рlurаlіstіс Соnсерtіоn оf Rеsеаrсh Mеthоds іn Іnfоrmаtіоn Systеms Rеsеаrсh. ІСB Rеsеаrсh Rероrt, 7.
- Gabdullina, E. I. (2012). Otsenka effektivnosti proektov GCHP kak mekhanizma vzaimodeystviya vlasti i biznesa v regione [Assessment of the effectiveness of PPP projects as a mechanism of interaction between government and business in the region]. Sovremennye problemy nauki i obrazovaniya – Modern problems of science and education, 2. (In Russian).
- Hrytsenko, L. L. (2015). Systematization of scientific approaches to public-private partnership in the field of investment. Actual Problems of Economics, 170, 8-15. (In Ukrainian).
- Hеvnеr, А., & Сhаttеrjее, S. (2010). Dеsіgn Rеsеаrсh Іn Іnfоrmаtіоn Systеms: Thеоry аnd Рrасtісе. Sрrіngеr Sсіеnсе & Busіnеss Mеdіа.
- Kalyanov, G. N. (2006). Metody i instrumenty modelirovaniya arhitektury predpriyatiya. [Methods and Tools for Enterprise Architecture Modeling]. Problems of the Theory and Practice of Management, 5, 79-91. (In Russian).
- Kantsir, І. А. (2016). Macroeconomic approach to the sustainable development of the financial sector. Ekonomichnyi Analiz, 2(1), 117-122. (In Ukrainian).
- Kozyuk V. (2009). Monetarni zasady hlobalnoi finansovoi stabilnosti [Monetary principles of global financial stability]. Ternopil: TNEU, Ekonomichna dumka. (In Ukrainian).
- Kruhlov, V. V. (2018). Models for determining the effectiveness of public-private partnership projects. Derzhava ta rehiony – State and regions, 1(61), 107-112. (In Ukrainian).
- Kruhlov, V. V., & Myroshnychenko, Yu. V. (2017). The Re-engineering of process of the state regulation of public-private partnership in Ukraine. Business Inform, 3, 91-96. (In Ukrainian).
- Kudryavtsev, D. V., & Arzumanyan, M. Yu. (2017). Enterprise Architecture: Transition from IT Infrastructure Design to Business Transformation. Russian Management Journal, 15(2), 193-224. (In Russian).
- Kuznetsova, A., & Pohorelenko, N. (2021). Mechanism of providing financial stability of the banking system of Ukraine. Financial and Credit Activity-Problems of Theory and Practice, 2(33), 37-47.
- Kuznyetsova, A., Klipkova, O., & Maslov, V. (2021). Metodolohiia otsiniuvannia efektyvnosti proiektiv derzhavno-pryvatnoho partnerstva. [Methodology for evaluating performance of public-private partnership projects]. Finansovo-kredytna diialnist: problemy teorii ta praktyky – Financial and credit activity: problems of theory and practice, 6, 339-349. (In Ukrainian).
- Makarov, I. N. (2014). Metodika otsenki effektivnosti proektov gosudarstvenno-chastnogo partnerstva v regionalnoy infrastrukture [Methodology for assessing the effectiveness of public-private partnership projects in the regional infrastructure]. Gosudarstvenno-Chastnoe Partnerstvo – Public-Private Partnership, 1(1), 41-56. (In Russian).
- Mazharova, L. A., Agafonova, M., Stroganova, Y., & Shevchenko L. (2018). Development of the Methodology of Effectiveness of Public-Private Partnership Projects. Revista Espacios, 39(1), 21-35.
- National Bank of Ukraine (NBU). (n.d.). Official site.
- Novikova, T. S. (2009). Problemy otsenki effektivnosti investitsionnykh proektov gosudarstvenno-chastnogo partnerstva [Problems of evaluating the effectiveness of investment projects of public-private partnership]. Kreativnaya Ekonomika – Creative Economy, 9(33), 128-133. (In Russian).
- Piddubna, V. (2018). Formation of the innovational model of socially-organized regional bank. The Economic Discourse, 2, 121-129. (In Ukrainian).
- Pеffеrs, K., Tuunаnеn, T., Rоthеnbеrgеr, M. А., & Сhаttеrjее, S. (2007). А dеsіgn sсіеnсе rеsеаrсh mеthоdоlоgy fоr іnfоrmаtіоn systеms rеsеаrсh. Jоurnаl оf Mаnаgеmеnt Іnfоrmаtіоn Systеms, 24(3), 45-77.
- Rudevska, V. I. (2020). Approaches to Prudential Regulation of the Banking Sector Taking into Account the Cluster Distribution of Banks by Business Models. Herald of Banking University, 1(37), 75-85. (In Ukrainian).
- Rudevska, V. I. (2021). Biznes-arkhitektura bankivskoho sektoru Ukrainy v zabezpechenni zrostannia ekonomiky krainy: teoriia, metodolohiia i praktyka [Business Architecture of the Banking Sector of Ukraine in Ensuring the Growth of the Country’s Economy: Theory, methodology and practice]. Kyiv: Avtohraf. (In Ukrainian).
- Vovchak, O., Reverchuk, S., Rudevska, V., & Khlan, Y. (2019). Bank business model and level of non-performing loans: features and interaction forms in Ukraine. Journal of Eastern European and Central Asian Research (JEECAR), 2(2), 282-296.
- Zaramenskih, E. P. (2017). Osnovy biznes-informatiki [Business Informatics Fundamentals]. Moscow: Yurayt. (In Russian).
- Zynder, E. Z. (2008). Arkhitektura predpriyatiya v kontekste biznes-reinzhiniringa [Enterprise Architecture in the Context of Business Reengineering]. Part 1. Іntеllіgеnt Еntеrрrіsе, 4, and Part 2. Іntеllіgеnt Еntеrрrіsе, 7. (In Russian).