Liquidity of the banking system of Ukraine: modern state and strategic reference points of management
Journal Title: Економічний аналіз - Year 2017, Vol 27, Issue 4
Abstract
Introduction. The article deals with the approaches for the determination of the state of liquidity of the banking system of Ukraine after the change of the monetary regime. The main negative factors that influence the dynamics of liquidity of the domestic banking system are determined. Recommendations for improving the efficiency of banking liquidity management are proposed. They are determined with consideration of strategic guidelines for the development of the banking system of Ukraine. Purpose. The article aims to substantiate the integrated approach to assessing the current state of liquidity of the banking system and to identify problems and strategic guidelines for improving the efficiency of liquidity management and functioning of the banking system of Ukraine. Method (methodology). In this research we have used the following methods: system analysis methods (to evaluate the effectiveness of approaches to assessing the state of liquidity of the banking system of Ukraine); methods of analogy and comparison (to study the liquidity management of the banking system of Ukraine during the financial and economic crisis of 2008-2009 and the economic crisis in 2014-2017); statistical methods (to analyse the dynamics of liquidity indicators of the banking system and monetary indicators of the National Bank of Ukraine, the Federal Reserve System of the USA and the European Central Bank). Results. On the basis of a comprehensive analysis of the approaches to assessing the liquidity of the Ukrainian banking system, which is used by the National Bank of Ukraine, we have found a mistake in the approach. This mistake is based on the assessment of the net liquidity position of the banking system. The influence of negative factors on the liquidity of the banking system of Ukraine has been assessed with the help of correlation and regression analysis. Four strategic guidelines for increasing the efficiency of management of bank liquidity have been proposed. Among them we distinguish the reduction of interest rates for active and passive operations which can be provided in the conditions of creation of a broad corridor between overnight refinancing rates and overnight deposit certificates; the introduction of long-term targeted refinancing for state development programs; the improvement of the mechanism of compulsory redundancy; the improvement of the activity of state banks and the creation of development banks.
Authors and Affiliations
Vitalii Rudan
Keywords
Related Articles
- EP ID EP313798
- DOI -
- Views 69
- Downloads 0
Analytical methods of search of efficiency reserves of agricultural enterprises functioning
Introduction. Agricultural enterprises are the basic elements of agriculture. They provide it with the necessary raw materials for food production. In this regard, it is essential to continuously improve the efficiency o...
Socio-economic and financial–psychological mechanisms of socialization of inclusive high schools of generalized value
Introduction. The problem of inclusive education in the modern Ukrainian educational space is of particular importance given that the integration of people with special needs in the socio-cultural and socio-economic envi...
Напрями активізації банківського кредитування суб’єктів підприємництва в Україні
Вступ. У статті розглянуто сучасні тенденції розвитку малого і середнього підприємництва в країнах із розвиненою ринковою економікою та в Україні. Виявлено основні особливості стану банківського кредитування малих і сере...
Economic and mathematical multifactor model of the development of the transportation system of the city
Introduction. Such variables as number of employees in marketing of organisation, value of marketing expenses, cost on innovation, the number of marketing staff, the share of marketing efforts which is undertaken in coo...
Management of enterprise competitive advantages
In conditions of current competition it is extremely difficult to retain market positions which were acquired. Achievement of competitive advantage by the enterprise is one of the most important categories of market econ...