The Current Status and Realities of the Banking System of Ukraine

• Main Author: Tanchak Yaryna A.
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2017-08-01
• Series: Bìznes Inform
• Subjects: banking system; banks; debt; credits; liquidity; National Bank of Ukraine; costs; revenues
• Online Access: http://www.business-inform.net/export_pdf/business-inform-2017-8_0-pages-219_224.pdf

The article is aimed at examining the current status of the banking system of Ukraine and forecasting tendencies in its development in the near future. The role of banks together with the efficient functioning of the banking system for the economy of the State has been studied. The realities of the domestic banking system have been examined, it has also been defined how political developments in the State had influenced the activities of banking institutions. In addition, the number of operating banks and banks with foreign capital has been detailed, and a comparative assessment of the revenues and costs of banks in Ukraine at the beginning of 2013-2017 has been done. A detailed analysis of the credit portfolio and the troubled debt of the banking system of Ukraine in 2013-2016 has been provided. The structure of the commitments has been explored, the dynamics of the gross domestic debt of the banks of Ukraine have been displayed. Forward-looking ways of efficient developing of the banking system of Ukraine have been proposed. Prospect for further research in this direction is development of a strategy for overcoming the pre-crisis conditions by the domestic banks and the world-wide recognition of the Ukrainian banking system.