Determining the Strategic Guidelines for Strengthening the Economic Security of Financial Institutions as a Necessary Stage in the Establishing the Economic Security Strategy of Ukraine

Journal Title: Бізнес Інформ - Year 2016, Vol 1, Issue

Abstract

The article is aimed at determining the strategic guidelines for ensuring the economic security of financial institutions as one of the stages of establishing the economic security strategy of Ukraine. It is found that the strategic guidelines for ensuring the economic security and the cost-effective activity, which are recognized as generic to all types of financial institutions, can be the following: retention of existing customers and expansion of customer base at the cost of new users of financial services; stimulating the level of financial literacy of the population; formation of a personnel reserve; increasing the level of information transparency; periodic monitoring of status of the own economic security with mandatory presentation of results to the State controller; transition to remote on-line servicing; expansion of the range of financial products and services; formation of a package of documentary supporting of establishment, evaluation and monitoring of functioning of the integrated systems for the economic security of financial institutions. It has been assumed that the strategic guidelines for ensuring the economic security of financial institutions should be reflected in the overall economic security strategy of Ukraine as part of the strategy to ensure the financial security of the State.

Authors and Affiliations

Nataliia Zachosova

Keywords

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  • EP ID EP123008
  • DOI -
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How To Cite

Nataliia Zachosova (2016). Determining the Strategic Guidelines for Strengthening the Economic Security of Financial Institutions as a Necessary Stage in the Establishing the Economic Security Strategy of Ukraine. Бізнес Інформ, 1(), 272-276. https://europub.co.uk/articles/-A-123008