UDC 336.71; JEL E58, G21
Ivashchuk, O. O., & Ivashchuk2 O. V. (2018). Antykryzovi mekhanizmy vidnovlennya stiykosti bankivs'koyi systemy v umovakh hlobal'noyi nestabil'nosti [Anti-crisis mechanisms of bank system sustainability restoration in conditions of global instability]. In Sotsial'no-ekonomichni problemy suchasnoho periodu Ukrayiny [Socio-Economic Problems of the Modern Period of Ukraine]: Vol. 133 (5) (pp. 141-146). Retrieved from http://ird.gov.ua/sep/doi/sep2018.05.146. [in Ukrainian].
Sources: 10

Authors



Ivashchuk (Okonska) Olha Olehivna

Ph.D. of Economics, Associate Professor

Associate Professor of the Ternopil National Economic University

Contacts: kaf_bs@tneu.edu.ua, ogaoolga@ukr.net

Webpages:

Ivashchuk Oleh Valentynovych

Specialist in Modeling of the Center "Integration hub of countries of Africa and Asia" of the Ternopil National Economic University

Contacts: olegiiva16@ukr.net

Webpages:

Resume

The nature of bank system sustainability is researched. Taking into account a considerable instability of economic development in Ukraine and accelerated changes in the structure of its socio-economic environment, the features of maintaining the sustainable economy development in general and bank system in particular are outlined. In the process of analysis of major parameters of domestic bank system’s functioning the authors confirm that the fall in bank sector activity and its reliability as well as an absence of predicated development trends are among the main reasons of crisis phenomena in economy. The impact of the defined parameters on maintenance of bank system sustainability is determined. Indeed, bank sector is the component of economic system and has a direct impact on real sector, therefore, credit opportunities and restoration of its development paces depend on sustainability of bank system. Domestic bank system had experienced difficulties with maintenance of stability and reliability even before crisis, so the crisis only contributed to existing latent problems. Therefore, one of the major tasks to be solved by regulating authorities is conducting of complex structural reforms based on anti-crisis mechanisms of banks system stability restoration. The nature of bank system’s anti-crisis regulation is defined and its role in conditions of financial instability is revealed. Anti-crisis programs of bank sector development help timely detection, prevention and elimination of risks and crisis phenomena in bank activity. Major activities in terms of anti-crisis regulation of bank system in conditions of global instability are outlined. In order to restore the sustainability of bank system it is necessary to perform strict control for targeted use of refinanced loans, to continue the process of bank institutions’ recapitalization and to raise the level of clients’ deposits protection in terms of change of priorities from the banned early withdrawal of deposits to guaranteeing of repayment of all depositors’ money on part of regulator. These measures will contribute to the country’s overcoming of internal misbalances and minimizing of financial stabilization risks.

Keywords:

bank system, bank system sustainability, crisis, crisis phenomena, anti-crisis regulation, monetary policy, bank system strategies

References


1. Baranovskyy, O. I. (2007). Stiykist’ bankivs’koyi systemy Ukrayiny [Stability of the banking system of Ukraine]. Finansy Ukrayiny – Finance of Ukraine, 9, 75-87. [in Ukrainian].
2. Zatvarska, O. O. (2004). Bankivs’ka systema Ukrayiny ta osnovni napryamy yiyi rozvytku [The banking system of Ukraine and the main directions of its development]. Ph.D. in Econ. Thesis. Kyiv: Research Financial Institution under the Ministry of Finance of Ukraine, Ukraine. [in Ukrainian].
3. Ismailov, A. B. (2017). Alhorytm zabezpechennya kompleksnoho ta systemnoho antykryzovoho rehulyuvannya bankivs’koyi systemy Ukrayiny [The algorithm of providing complex and systemic anti-crisis regulation of the banking system of Ukraine]. Finansovi doslidzhennya – Financial research, 2, 56-64. [in Ukrainian].
4. Osnovni pokaznyky diyal’nosti bankiv Ukrayiny [ Main indicators of activity of Ukrainian banks] (2018). National Bank of Ukraine: Website. URL: http: //www.bank.gov.ua/bank_supervisiоn/dynamics.htm [in Ukrainian].
5. National Bank of Ukraine (2018): Website. URL: www.bank.gov.ua [in Ukrainian].
6. Polozhennya pro zdiysnennya otsinky stiykosti bankiv i bankivs’koyi systemy Ukrayiny [Regulations on the implementation of the assessment of the stability of banks and the banking system of Ukraine] (2017): Resolution of the Board of the National Bank of Ukraine on 2017, Dec 22, 141. URL: http://zakon.rada.gov.ua/laws/shоw/v0141500-17 [in Ukrainian].
7. Pro vnesennya zmin do deyakykh normatyvno-pravovykh aktiv NBU [On amendments to some normative legal acts of the NBU]: Resolution of the Board of the National Bank of Ukraine on 2003, Feb 12, 56. Ukrainian Governmental Portal. URL: http://www.rada.gov.ua [in Ukrainian].
8. Pro sproshchennya protsedur reorhanizatsiyi ta kapitalizatsiyi bankiv [On simplification of procedures for reorganization and capitalization of banks]: Law of Ukraine , adopted on 2017, March 23, 1985-VІІІ. Legislation of Ukraine: Website. URL: http: //zаkon3.rаdа.gov.uа/lâws/show/1985-19 [in Ukrainian].
9. Zamozhne suspil’stvo, konkurentospromozhna ekonomika, efektyvna derzhava [Prosperous Society, Competitive Economy, Effective State]: Program of Economic Reforms for 2010-2014. Kyiv: Committee for Economic Reforms under the President of Ukraine. [in Ukrainian].
10. Stratehiya rozvytku bankivs’koyi systemy 2016-2020: «Synerhiya rozvytku bankiv ta industrializatsiyi ekonomiky» [Strategy for the development of the banking system 2016-2020: "Synergy of development of banks and industrialization of the economy"] (2016). Association of Ukrainian Banks: Website. URL: http://aub.org.ua [in Ukrainian].