Modern tendencies of the Ukrainian banking system development
-
DOIhttp://dx.doi.org/10.21511/bbs.12(4).2017.10
-
Article InfoVolume 12 2017, Issue #4, pp. 105-113
- Cited by
- 908 Views
-
182 Downloads
This work is licensed under a
Creative Commons Attribution-NonCommercial 4.0 International License
The article considers the main tendencies of financial globalization as an all-encompassing process of the world community transformation into an open integrated system of information-technological, financial-economic, socio-political, and socio-cultural interrelations and interdependencies, as well as dialectical interaction of national and global social processes. The main current trends of the Ukrainian banking system development for the period 2016–2017 were researched, which was expressed in accelerating lending to businesses and the population; a key interest rate cut by the National Bank of Ukraine, which creates positive conditions for improving the economy, reducing interest rates on deposits, increasing retail lending and portfolio growth loans to individuals. The Ukrainian banking system is gradually integrated into the international banking system and forms its development pattern in the way of integration processes, taking into account the complexities of the external financial environment.
- Keywords
-
JEL Classification (Paper profile tab)F36, G21
-
References19
-
Tables0
-
Figures6
-
- Figure 1. Number of operating banks of Ukraine in 2016–September 2017
- Figure 2. Number of operating banks with foreign capital in Ukraine in 2016–September 2017
- Figure 3. Incomes, expenses and profits of Ukrainian banks in 2016
- Figure 4. The share of non-working bank loans in 01.02.2017–01.09.2017 (in %)
- Figure 5. The share of non-working loans in PJSC CB “Privatbank” and without it in 1.02.2017–1.09.2017
- Figure 6. The share of non-working loans of foreign banking groups, banks with private capital and insolvent banks in 1.02.2017–1.09.2017
-
- Deposits Guarantee Fund (2017). Статистичні дані [Statystychni dani].
- Dorrucci Ettore, Alexis Meyer-Cirkel, & Daniel Santabarbara. (2009). Domestic Financial Development in Emerging Market Economies: Evidence and Implications. ECB Occasional Paper No. 102.
- Dzubluk, O. V. (2012). Банківська система України: становлення і розвиток в умовах глобалізації економічних процесів [Bankivska systema Ukrainy: stanovlennia i rozvytok v umovakh hlobalizatsii ekonomichnykh protsesiv] (358 p.). Ternopil: Aston.
- Esqueda, O. A., Assefa, T. A., Mollick, A. V. (2012). Financial globalization and stock market risk. Journal of International Financial Markets, Institutions and Money, 22, 87-102.
- Georgantopoulos, A. G., & Filos, I. (2017). Corporate governance mechanisms and bank performance: evidence from the Greek banks during crisis period. Investment Management and Financial Innovations, 14(1-1), 160-172.
- Henry, Peter Blair. (2007). Capital Account Liberalization: Theory, Evidence, and Speculation. Journal of Economic Literature, 45, 887-935.
- Kalinichenko, L. L. (2013). Глобалізація банківської діяльності та її вплив на банківську систему України [Hlobalizatsiia bankivskoi diialnosti ta yii vplyv na bankivsku systemu Ukrainy]. Bulletin of the Economy of Transport and Industry, 43, 77-81.
- Lane, Philip R., & Gian Maria Milesi-Ferretti. (2008). The Drivers of Financial Globalisation. American Economic Review (Papers and Proceedings), 98(2), 327-332.
- Levine, R. (2001). International Financial Liberalization and Economic Growth. Review of International Economics, 9(4), 688-702.
- Martinez Lorenza, Aaron Tornell, & Frank Westermann. (2004). The Positive Link Between Financial Liberalization Growth and Crises. NBER Working Paper No. 10293 (Cambridge, Massachusetts, National Bureau of Economic Research).
- Mauro Paolo, Nathan Sussman, & Yishay Yafeh. (2006). Emerging Markets and Financial Globalization: Sovereign Bond Spreads in 1870–1913 and Today. New York: Oxford University Press.
- McKenzie, David, J. (2001). The Impact of Capital Controls on Growth Convergence. Journal of Economic Development, 26(1), 1-24.
- Mitton Todd. (2006). Stock Market Liberalization and Operating Performances at the Firm Level. Journal of Financial Economics, 81(3), 625-47.
- National Bank of Ukraine (2017). Показники фінансової звітності банків України [Pokaznyky finansovoi zvitnosti bankiv Ukrainy].
- Saunders, A. (2008). Financial institutions management. Antony Saunders, Marcia Millon Connett (862 p). New York: McGraw-Hill.
- Schmukler, Sergio L. (2004). Financial Globalization: Gain and Pain for Developing Countries, Federal Reserve Bank of Atlanta Economic Review (Second Quarter), 39-66.
- Sherman, A. J, Morin, D. S. & LLP, O. (2011). Mergers and Acquisitions: An Introduction. Retrieved August 2011.
- Slav’yuk, R., Shkvarchuk, L., & Kondrat, I. (2017). Financial market imbalance: reasons and peculiarities of occurrence in Ukraine. Investment Management and Financial Innovations, 14(1-1), 227-235.
- Urionabarrenetxea, S., Bañales, A., & García, J. D. (2009). Análisis delos factores determinantes delcrecimien to dela economía realen un contex to de globalización financiera (Analysis of the determinants of real economics growth in a context of financial globalization). Revistade Economía Mundial, 22, 221-246.