RESTRUCTURING OF BANKS IS IN THE CONDITIONS OF CRISIS

Journal Title: Сталий розвиток економіки - Year 2017, Vol 36, Issue 3

Abstract

Purpose is ground of theoretical, methodological positions and practical recommendations in relation to basic principles of restructuring of banks and them activity in the conditions of crisis. Methodology of research. In basis of researches works are fixed both scientific (analysis, supervision) and special, methods of cognition. The methods of analysis and supervision are used for research of basic principles of restructuring of banks. The methods of cognition are used for the ground of process of restructuring of banks, as one of ways of effective realization measures and ways of making healthy of economy on the whole. Findings. It is marked that in activity of banks during financial and economic crisis there are unexpected problems. It is well-proven that a world recession, which began in 2007 and resulted in financial and economic and, in a that number, bank crisis 2008-2010 in Ukraine, is reason and, at the same time, pre-condition of such consequences, as bankruptcies of banks, loss, by them solvency, liquidity, growth of amount of the negatively classified assets and, on the whole, creditor and debtor debt. Grounded, that on such conditions on the modern stage of development of market relations each time more frequent there are terms for the use of restructuring as one of ways of making healthy of economy. Among the basic types of restructuring of banks in the conditions of crisis the financial and corporate restructuring is selected. A conclusion is done that application of that or other kind or method of restructuring depends on conception, stage and innovative development of the banking system, normatively legal adjusting of the incarnated measures, possibility and necessity of application, to concrete bank establishment, to the degree of trust of bank management to the chosen actions. Originality consists in the lineation of process of restructuring of banks, as one of ways of effective realization measures and ways of making healthy of economy on the whole. Practical value. Research results can be offered for introduction in a bank sector which will promote him to effective development.

Authors and Affiliations

Petro Burіak

Keywords

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  • EP ID EP328165
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How To Cite

Petro Burіak (2017). RESTRUCTURING OF BANKS IS IN THE CONDITIONS OF CRISIS. Сталий розвиток економіки, 36(3), 189-195. https://europub.co.uk/articles/-A-328165