The Strategy of Development of the Banking System of Ukraine
Journal Title: Бізнес Інформ - Year 2016, Vol 6, Issue
Abstract
The article is concerned with an analytical overview and analysis of strategies for developing both the financial and the banking sectors for the period up to 2020 in the system of economic science. The article analyzes the vectors of development identified in the Integrated program for the development of Ukraine's financial sector up to 2020 (the Program) and the Draft of Strategy for development of the banking system of Ukraine in the 2016-2020 timeframe. The strategic documents, presented by the Government, provide to assert that, in order to create an effective model for the development of financial institutions in Ukraine, the priorities in the coming years must consist in changing the monetary policy towards the promoting economic growth; conversion of banks into the tools of economic development; changing the structure of economy and encouraging exports of the technological products and advanced services; attracting foreign capital within the terms of the national economic policies; improved utilization of the international assistance. To implement the objectives of development of the financial sector, is important to consider both the constraints and the enabling factors of its development, as well as to identify the multitude of possible variations of the banking system development under the conditions of uncertainty.
Authors and Affiliations
Olena Prymostka
Keywords
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