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Economy, finances, management: Topical issues of science and practical activity

space SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 8 (48)

Published: 2019.09.17
DOI: 10.37128/2411-4413-2019-8


Description:
The magazine deals with the problems of the agricultural sector of the economy in the context of integration and processes of globalization. Attention is paid to the issues of development of digital economy, rural territories, technologies of enterprise management and organization of accounting, problems of legal support of economic processes, market tendencies of development of various branches of economy. Particular attention is paid to green tourism as a promising segment of the national economy.

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CONSEQUENCES OF FUNCTIONING OF BANKS WITH FOREIGN CAPITAL IN THE BANKING SYSTEM OF UKRAINE

DOI: 10.37128/2411-4413-2019-8-12
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MARTSENIUK    Olena  -  Candidate of economic sciences, associate professor of department of 

finance and credit, Vinnytsia national agrarian University  (21008, Vinnitsa, 3, Soniachna str., e-mail:  ovm-r@i.ua, phone number: 0964793322).

Annotation

The research of the article is aimed at covering the concepts of "foreign capital", "bank with foreign 

capital", "foreign bank" and more. In the process of research it is determined that banks operate in 

different market conditions, specialize in providing different types of services, set different goals, and 

therefore their organizational structures may vary. At the same time, it is established that each of the 

existing types of organizational structures has its advantages and disadvantages, which must be taken into 

account in the process of choosing the appropriate method of organization. The chosen method should 

contribute to the highest compliance of the banking organization with the market conditions in which it 

operates, the rational organization of work of bank employees of all units, the successful adjustment and 

fulfillment of all management functions, the maximum satisfaction of customer needs and, finally, the 

achievement of the goal facing the bank.

The influence of the growth of foreign capital in the banking system of Ukraine on the banking sector 

as a whole and the economy of Ukraine in particular is substantiated.

The influence of the presence of foreign bank capital on both quantitative and qualitative indicators 

of the market, on interest rates, banks' tariffs, on the quality of services provided by banks, and on their 

spectrum is proved. Foreign banks have brought not only financial resources to the Ukrainian market, but 

also new banking technologies, high standards of customer service and best examples of banking 

management systems as financial institutions, particular legal scrupulousness, the very concepts of risk 

management, asset management and others, which made today's the banking sector is very competitive 

and stronger than all other sectors of the country's financial market.

It is determined that despite a number of positive  changes, the expansion of foreign capital in the 

domestic banking system is accompanied by a significant list of risks to the banking sector and the economy 

of Ukraine as a whole, since foreign banks in Ukraine primarily pursue their own interests, without

pursuing their own interests significant positive impact on the economic development of Ukraine and the 

efficiency of the functioning of the entire banking system as a whole.

It is justified that, despite a number of positive changes, the expansion of foreign capital in the domestic 

banking system is accompanied by a significant list of risks for the banking sector and the economy of Ukraine 

as a whole, since foreign banks in Ukraine pursue the objective of largely influencing their own interests, 

development of Ukraine and efficiency of functioning of the whole banking system as a whole.

Recommendations were given to strengthen state control over the process of foreign capital entry 

into the Ukrainian banking sector. At the same time, one should be aware t hat with limited domestic 

sources of financing and extremely low public confidence in banks, a sufficient level of external financing, 

primarily through interbank channels, is a prerequisite for easing the resource constraints of the Ukrainian 

economy, improving the balance of payments, and restoring the real credit system. Therefore, the strategy 

of public administration of the process of entry of foreign banks into Ukraine should be to integrate them 

as much as possible into the Ukrainian economy, focusing on the fulfillment of priority national tasks.

Keywords: banking system, foreign capital, bank with foreign capital, foreign bank, financial security, investments

List of references

1.  Аналітичний огляд банківської системи України за І півріччя 2018 року // Національне 

рейтингове агентство «Рюрік». [Електронний ресурс].  –  URL  :http://www.rurik.com.ua/  documents/

research/bank_system_2_ kv_2018.pdf. 

2.  Владичин У. В Іноземне банківництво в Україні : [монографія]. Львів. нац. ун-т ім. 

І. Франка. – Львів : Піраміда, 2017.  280 с. 

3.  Гриценкo Л.Л. Бaнкiвськa системa Укрaїни: сучaсний стaн i нaпрямки рoзвитку.  Aктуaльнi 

прoблеми екoнoмiки. 2017. №10 (112). С. 111-117.

4.  Енциклопедія банківської справи України / редкол.: В. С. Стельмах (голова) та ін. К. : 

Молодь, Ін Юре, 2001. 680 с. 

5.  Закон України Прo бaнки тa бaнкiвську дiяльнiсть : вiд 07.12.2000 № 2121-III (зі змінами 

і доповненнями)  

6.  Набок Р. Влияние иностранного капитала на развитие банковской системы.  Финансовый 

директор. 2018. № 4. [Електронний ресурс]. URL: http://www.gaap.ru/biblio/gaap-ias/msfo/064.asp. 

7.  Шелудько Н. М. Іноземний капітал у банківському секторі України: проблеми і наслідки. 

Фінанси України. 2016. № 7. С. 79-86. 

8.  Шевчук А.М. Банківські ризики: міжнародні та вітчизняні стандарти. Економічний аналіз. 

2018. Т. 24. № 2. С. 38-42. 

9.  Oфiцiйний сaйт Нaцioнaльнoгo  бaнку Укрaїни. [Електрoнний ресурс]  URL:http:// 

www.bank.gov.ua

10.  Oфiцiйний сaйт Незaлежнoї aсoцiaцiя бaнкiв Укрaїни. [Електрoнний ресурс] URL:http:// 

www.nabu.com.ua/ukr 

All journal issues

About journal

Topics of the journal:

051 Economics

071 Accounting and taxation

072 Finance, banking and insurance

073 Management

075 Marketing

076 Business, trade and exchange activities

241 Hotel, restaurant and catering 

281 Public administration

 

Key information:
ISSN (print): 2411-4413
DOI: 10.37128

The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine". 

The scientific edition is assigned the Category "Б" in the field of economics in specialties 051, 071, 072, 073, 075, 076, 241, 281

(Order of the Ministry of Education and Science of Ukraine No. 249, March 17, 2020).

The journal “Economy, finances, management: Topical issues of science and practice” has a Digital Object Identifier (DOI)

The journal “Economy, finances, management: Topical issues of science and practice” is indexed in such database as Index Copernicus Value (https://journals.indexcopernicus.com/search/form)

 

The editorial board of the journal is guided by the principles of scientific, objectivity, professionalism, informational support of the most significant innovative researches, observance of standards of publishing ethics.

The purpose of the journal "Economics, finances, management: Topical issues of science and practical activity» is the coverage of leading scientific ideas in the economic, financial and management activities of the sectors of the national economy and the involvement of representatives of the domestic and foreign scientific professional community.

 

Objectives of the journal:

  • publication of research findings on innovation in the economy, financial and management spheres, innovation of production processes;
  • expanding partnerships with international scientific publishing organizations;
  • enhancing the culture of reviewing and annotating published material;
  • adherence to editorial ethics.

 

Article publishing is a paid service. Cost for printing in professional publications in accordance with the Decree of the Cabinet of Ministers of Ukraine of August 27, 2010 No. 796 "On approval of the list of paid services that can be provided by state educational institutions, other institutions of the educational system belonging to state and communal ownership" and the order Rector of the Higher Education University Mazura VA dated March 14, 2018 No. 93 “On setting the cost of printing in professional editions of the University”.

The cost of printing one page in professional editions of the university is 60 UAH.

An additional copy of the magazine with the mailing list costs 250 UAH.

Recipient: Vinnytsia National Agrarian University MFO 820172 Current account No. 31256282102055 Code 00497236 Bank State Treasury Service of Ukraine, Kyiv. VAT payer code 004972302286. Registration number 100271744. Purpose of payment: for printing an article in the journal: ”Economy, finances, management: Topical issues of science and practical activity "

History of journal:

It was founded in 1997 under the name "Bulletin of the Vinnytsia State Agricultural Institute". In 2010-2014 he was published under the title “Collection of scientific works of Vinnitsa National Agrarian University”.

From 2015 ”Economy, finances, management: Topical issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 of PR as of December 31, 2014)

The journal is the successor to the edition ”Collection of Scientific Papers of Vinnytsia National Agrarian University. Series: Economic Sciences. "