Modern tendencies of the Ukrainian banking system development
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Date
2017
Journal Title
Journal ISSN
Volume Title
Publisher
LLC “Consulting Publishing Company “Business Perspectives”
Abstract
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.
Description
Keywords
financial globalization, banking system tendencies, inactive loans, loss-making banks
Citation
Savchuk N. Modern tendencies of the Ukrainian banking system development / Nataliia Savchuk, Dmytro Grydzhuk // Banks and Bank Systems. – 2017. – Vol. 12, Is. 4. – P. 105–113.