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

SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 11 (39)

Published: 2019.02.01

DOI: XX.XXXXX/XXXXXXXXXXXXX

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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CREDIT POLICY SYSTEM VARIOUS BANKING IN UKRAINE

DOI: XX.XXXXX/XXXXXXXXXXXXX

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VDOVENKO Larisa – Doctor of Economic Sciences, associate professor of the

Department of Finance, Banking and Insurance, Vinnytsia National Agrarian University

(21008, Vinnytsia, 3, Soniachna Str.).

Annotation

The article is devoted to the peculiarities of the credit policy of systemically important

banks in Ukraine, analysis of their loan portfolio and assessment of the effectiveness of its

management. The estimation of volumes of their loan portfolio shows the tendency of its growth

as well as the share of loan portfolio in assets. It was revealed that JSC Oschadbank and

UkrGasBank specialize in lending to legal entities while Credit Bank PrivatBank is lending to

individuals; there is a decrease in the profitability of the loan portfolio of the banks under study,

but the most profitable is the loan portfolio of JSC Oshchadbank, the least profitable - in the

JSC CB Privatbank. Negative phenomenon in the banking system of Ukraine is the growth of

problem loans, including the most toxic lending portfolios that are owned by the most

systemically important banks (their share reaches 56.2%), among which only AT Bank

"PrivatBank" accounts for 38% of all problem loans in country.

It is concluded that the credit policy of systemically important banks is carried out

on the basis of significant state support that reduces the risks of disturbing their financial

stability, as opposed to other banking institutions, and the potential access to state-aid in

the form of pre-capitalization shows that they are competitors, first of all , to each other,

and not to other banks. The role of qualitative and effective credit policy of commercial

banks in support of financial indicators of banking activity at the proper level,

strengthening of their financial stability in an unstable environment in the banking sphere

is substantiated. It has been established that ineffective credit portfolio management and

the growth of problem loans lead to increased risks of credit operations. The ways of

increasing the volume of lending and improving the quality of the loan portfolio of banking

institutions are determined, among which increase of the size of regulatory capital of banks,

improvement of the skills of banking personnel, on which the qualitative assessment of

credit risk depends, formation of sufficient reserves to cover possible losses, compliance

with the norms of the National Bank of Ukraine, creation of new banking products and more

favorable terms of lending compared to competitors. The prospects of further development

of the banking system of Ukraine in the context of the strategy of reforming state banks,

which is based on support of financial stability, effective risk management, liquidity and

capital, increase of access to the credits to the key sectors of the economy, access to credit

services at an affordable price are considered.

Keywords: credit policy, credit mechanism, credit portfolio, banking system, credit portfolio, assets, profitability, loans, toxic loans.

List of references

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kredytuvania: [monografia] [Improvement of credit relations - consumer lending:

[monograph]. Sumy: Universytetska knyga [in Ukrainian].

3. Volkova, H.I. (2015). Model otsiniuvania ryzyku kredytnoho portfelia banku

[Model of risk assessment of a loan portfolio of a bank]. Ekonomika i region - Economy

and region, 1(50), 11-17 [in Ukrainian].

4. Kryklii, O.A., & Miroshnichenko, O.V. (2012). Formuvania kredytnoi polityky

banku [Formation of the bank's credit policy]. Visnyk Universytetu bankivskoi spravy

Nacionalnogo banku Ukrainy - Bulletin of the University of Banking of the National Bank

of Ukraine, 3(15),165-171 [in Ukrainian].

5. Rejtyng «50 providnyh bankiv Ukrainy” [Rating "50 leading banks of

Ukraine"].bankstrating.com.ua Retrieved from www. bankstrating.com.ua [in Ukrainian].

6. Kostiuk, Z.R. (2012). Osoblyvosti formuvania kredytnoi polityky [Features of the

formation of credit policy]. Naukovyi visnyk NLTU Ukrainy - Scientific herald of NLTU of

Ukraine, 22.13, 198-203 [in Ukrainian].

7. Finansova zvitnist AT “Oshadbank” [Financial statements of JSC

"Oschadbank"].oschadbank.ua/upload/iblock/d9f/FS%20SSBU%202015%20separate%20

ukr%20ISA.pdf. Retrieved from https://www.oschadbank.ua/upload/ iblock/ d9f/ FS%

20SSBU% 202015%20separate%20ukr%20ISA.pdf [in Ukrainian].

8. Finansova zvitnist AT KB “Pryvatbank” [Financial statements of CB

"Privatbank"]. static.privatbank.ua/files/year_zvit_05_05.pdf Retrieved from:

https://static.privatbank.ua/files/year_zvit_05_05.pdf [in Ukrainian].

9. Finansova zvitnist АB “Ukrgazbank” [Financial statements of UkrGasBank].

ukrgasbank.com Retrieved from www.ukrgasbank.com [in Ukrainian].

10. Zvit pro finansovu stabilnist cherven 2017 [Financial Sustainability Report June

2017]. bank.gov.ua/doccatalog/document?id=50604896 Retrieved from https://

bank.gov.ua/doccatalog/document?id=50604896 [in Ukrainian].

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About the journal

Topics of the journal:

С1 Economics and International Economic Relations (by specialization)

D1 Accounting and Taxation

D2 Finance, Banking, Insurance and Stock Market

D3 Management

D4 Public Management and Administration

D5 Marketing

D7 Trade

J3 Tourism and Recreation

Keywords: economics , international economic relations , accounting , taxation , finance , banking , insurance , stock market , management , public management and administration , marketing , trade , tourism and recreation

Key information:

ISSN (print): 2411-4413

DOI: 10.37128

All-Ukrainian scientific and production journal “Economics, finance, management: topical issues of science and practical activity” is a peer-reviewed open-access journal that publishes original research, theoretical articles and reviews on a wide range of economic and business issues. The articles, which have scientific and scientific-practical significance, highlight theoretical and methodological aspects of the development of agrarian sector of economy and related industries, the results of fundamental and applied research.

The purpose of the journal is to highlight the results of fundamental and applied research in the field of economic sciences, aimed at developing modern approaches to managing economic processes, financial support for enterprise activities and increasing the efficiency of economic systems. The publication is focused on creating a scientific environment for the exchange of research results between scientists, higher education students and practitioners in economic sphere, as well as on the dissemination of modern scientific and methodological approaches to solving current economic and management problems. The journal contributes to the development of the research in the field of enterprise economics, finance, accounting, auditing, management, marketing, entrepreneurship, trade, tourism and recreation, public management and administration, economic development and international economic relations, which meets the modern needs of the socio-economic development of the state.

The journal’s objectives are:

• publishing the results of fundamental and applied research in the fields of economics, international economic relations, finance, management, public administration, accounting, marketing, tourism and recreation, and entrepreneurship;

• promoting the development of modern methods of managing enterprises and organizations, increasing the efficiency of using financial and material resources;

• supporting the research aimed at improving the economic mechanisms of enterprise functioning, developing innovative activity, and increasing the competitiveness of economic structures;

• ensuring the scientific exchange of research results between higher education institutions, scientific institutions, and business entities;

• developing methods of economic analysis, forecasting, and modeling of socio-economic processes;

• disseminating of modern approaches to financial management, accounting, taxation, and control of economic activity;

• promoting the development of interdisciplinary research related to the economic support of the development of agrarian sector of economy and rural areas;

• integration of scientific research results into the international scientific space and increasing the level of scientific communication.

Publisher: Vinnytsia National Agrarian University

Link to the journal on the publisher’s website: ”Economics, finance, management: topical issues of science and practical activity”

Frequency of issue: 4 times a year.

Language of publication: Ukrainian, English.

Editor-in-Chief: Inna Honcharuk

State registration: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1337 and No. 1178. Media identifier – R30-05171. Publisher registration number (EDRPOU) 00497236.

Publisher’s ROR: https://ror.org/05m3ysc06 Publisher’s DOI prefix: 10.37128 ISSN (print): 2411-4413

Publisher DOI prefix: 10.37128 ISSN (print): 2411-4413

The scientific journal is included in category "B" of the List of scientific professional publications of Ukraine, in which the results of dissertations for the degree of Doctor and Candidate of Sciences in the specialties C1 (051) - Economics, D1 (071) - Accounting and Taxation, D2 (072) – Finance, Banking, Insurance and Stock Market, D3 (073) – Management, D5 (075) – Marketing, D7 (076) – Entrepreneurship and Trade, (241) – Hotel and Restaurant Business, D4 (281) – Public Management and Administration (Order of the Ministry of Education and Science of Ukraine dated March 17, 2020 №409)

History of journal:

Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).