Development of the Factoring Services Market in Ukraine in the Context of European Integration
Journal Title: Бізнес Інформ - Year 2016, Vol 1, Issue
Abstract
The article is concerned with researching the status, problems and prospects of development of the factoring services market in Ukraine in the context of European integration, as well as identification of directions in terms of solution to the problems of functioning of national factoring market with a view to ensuring its integration into the European financial space. The article substantiates actuality of using the European experience in the sphere of management of factoring services for the development of the domestic financial services market under the conditions of economic globalization. Based on the results of an analysis of the prospects for management of financial services by the domestic banks in the context of the world's leading trends as to development of factoring services market, key problem groups that are directly related to the development of factoring in Ukraine have been identified. Use of the European experience in the field of management of factoring service in the banks has been proposed with a view to solving development problems of the domestic factoring market and intensification of integration processes in the financial services market of Ukraine. The prospect of further research is improving the management of factoring services of banks with the purpose of bringing the quality of factoring services in line with the European and international standards.
Authors and Affiliations
Svitlana Kolodizieva
Keywords
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