UDK: 330.101

Aleksey V. ALEKSANDROV

Candidate of Economics, Kharkiv National University. Karazin

Nikolay О. ZUBАRYEV

Legal Department of UkrSibbank

FINANCIAL MONITORING. TRANSPARENCY AND NEW BUSINESS PRINCIPLES: THE CHALLENGES OF MODERN FINANCIAL WORLD

The article analyzes the meaning and principles of operation of Financial Monitoring of Ukraine. Challenges of the modern world lie in the fight against laundering of proceeds from crime (money laundering), terrorist financing and tax evasion. Activity in this area involves the principles of banking secrecy, but in many ways the lack of understanding of the rules and principles of work distorts the real picture in the eyes of customers. The article describes the main control parameters and trends of the modern world financial monitoring.

Full Article in Ukrainian

UDK: 332.01

Viktor O. ARTEMENKO

Doctor of Science in Economics, Professor, Lugansk National University

CHARACTERISTIC OF FACTORS THAT HAVE INFLUENCE ON CURRENT ASSETS FUNCTIONING EFFICIENCY OF THE AGRARIAN SECTOR ENTERPRISES

Criteria to distinguish factors that influence on formation and use of current assets of enterprises are analyzed, the tendencies of changes in the structure of current assets of enterprises in the agricultural sector are described, the classification of factors affecting on efficiency of agricultural sector enterprises’ current assets functioning are proposed in the article.

Full Article in Ukrainian

UDK: 336.71.078.3:336.717:336.77(476.2)

Vladimir F. BABYNA

Candidate of Science in Economics, Professor, Educational Institution «Francisk Skorina Gomel State University» (Gomel)

Ruslan S. TOZIK

Educational Institution «Francisk Skorina Gomel State University» (Gomel)

STATISTICAL APPROACH TO THE EVALUATION OF CREDIT PORTFOLIO RISK OF COMMERCIAL BANK

The article dwells on the necessity of a loan, the importance of forming bank high quality loan portfolio and statistical approach to its evaluation.

Full Article in Russian

UDK: 657.1:336.717.16

Olga M. BARTOSH

Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

MANAGEMENT ACCOUNTING AS THE BASIS FOR EFFECTIVE SYSTEM OF BANKING MANAGEMENT

The paper examines the role of management accounting in the sphere of the banking management. |Organizational bases of management accounting and its functions are examined. The main objectives of object management accounting and quantitative data that are used for analysis and evaluation are determined in this article.

Full Article in Ukrainian

UDK: 657.6

Olena O. GONCHARENKO

Candidate of Economics, Associate Professor, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

Igor O. DZEMISHKEVYCH

Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

FINANCIAL STATEMENTS OF CREDIT UNIONS AND PECULIARITIES OF THEIR ANALYSIS

The features of financial reporting and analysis are described in the article. Definitions of the concepts of financial reporting, economic analysis and financial condition are investigated. Structural and logical correlations between the types of economic analysis and credit unions reporting are studied. Legal framework for regulation of credit unions’ financial analysis is determined.

Full Article in Ukrainian

UDK: 338.24:001.895:658.11

Leonid N. DAVYDENKO

Doctor of Science in Economics, Professor, EI Belarussian State Pedagogical University named after Maxim Tank

Zinaida V. BANNIKOVA

EI “Francisk Skorina Gomel State University”

SCENARIOS METHOD AS A WAY OF ENTERPRISE INNOVATIVE POTENTIAL MAMAGEMENT

The article describes the directions of economic interpretation of the results of enterprise innovative potential estimation by scenarios method including determination of the level of company innovative potential formation, specification of trends in this area and choice of optimal innovation strategy.

Full Article in Russian

UDK: 368

Oleksandr M. ZALIETOV

Candidate of Science in Economics, Associate Professor, League of Insurance Organizations of Ukraine

МACROPRUDENTIAL OF SUPERVISION AND ADJUSTING OF INSIRANCE ACTIVITY

The article deals with basic aspects of macro prudential supervision and regulation, main problems of its implementation for regulation of domestic insurance market, process of implementation of the concept of macro prudential supervision and regulation.

Full Article in Ukrainian

UDK: 339.74: 339.92

Inna S. KONDIUS

Candidate of Science in Economics, Associate Professor, Sevastopol Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

ECONOMIC AND MATHEMATICAL PRINCIPLES OF FORECASTING OF REGIONS’ CONVERGENCE LEVEL

This paper investigates the approaches to the substantiation of the essence of regional economic convergence and analyzes the main aspects of the convergence of the country’s regions with the European Union Member States. The author has proposed algorithm for building a complex model for predicting the level of the regions’ economic convergence, which allows to make a number of generalizations that can be applied in practice and can be used for further improvement of regional policy in terms of finding potential opportunities for convergence, levels and pace of regional economy development, opportunities to overcome significant gaps in main macroeconomic indicators.

Full Article in Ukrainian

UDK: 336.71

Artem V. LAZNIA

University of Banking of the National Bank of Ukraine (Kyiv)

SCIENTIFIC AND METHODOLOGICAL APPROACHES TO THE DEFINITION AND SELECTION OF FINANCIAL STABILITY INDICATORS IN BANKING

The article deals with the main stages of financial stability indicators development. The international experience to identify, evaluate and interpret financial stability indicators has been studied. The main positive and negative aspects of using banking stability aggregated indicator have been analyzed. The ways of optimizing the evaluation of risks to financial stability of Ukraine have been described.

Full Article in Ukrainian

UDK: 336.7:368

Aleksandra М. LEZGOVKO

Candidate of Science in Economics, Mykolas Romeris University, Vilnius

OPTIMIZATION OF REINSURANCE DEFENSE PARAMETERS AS A COMPROMISE FOR PROFITABILITY AND SUSTAINABILITY OF THE INSURANCE SYSTEM

In the context of the existing problems of reinsurance market development in the developing countries this paper offers recommendations for development in underwriting and presents the model for optimization of reinsurance defense parameters as a compromise for profitability and sustainability of the insurance system.

Full Article in Russian

UDK: 330.33.01:69

Olena D. LYTVYNENKO

Candidate of Science in Economics, Associate Professor, Kharkiv Institute of Trade and Economics of Kyiv National University of Trade and Economics

FINANCING OF BUILDING COMPANIES UNDER THE CONDITIONS OF CRISIS

In article were treats the problems of financing of building industry, which was caused by crisis. Also in article are offered some measures of crisis-proof system for financing building industry.

Full Article in Ukrainian

UDK: 332.146:330.322

Oksana V. LUTSIV

Precarpathian National University named after Vasyl Stefanyk

FORMATION DIRECTIONS OF THE INVESTMENT POTENTIAL OF UKRAINE

Features of investment process in different regions of Ukraine are considered and the comparative analysis is carried out. Conclusions are drawn on possibility of attraction of additional investment resources in territorial economic systems by capitalization of domestic natural capital.

Full Article in Ukrainian

UDK: 330:658.5:69

Hanna S. MAKAROVA

Candidate of Science in Economics, Associate Professor, Prydniprovs’ka State Academy of Civil Engineering and Architecture

THE WAYS OF MAXIMIZATION OF ECONOMIC POTENTIAL OF UKRAINIAN CONSTRUCTION COMPANIES

Usage of a model of balanced economic capacity of a building company which provides the maximization of its value is considered in the article. The author describes summarized features of subpotentials influence on the magnitude of economic potential that are characteristic for the three groups of building companies by size (large, medium, and small).

Full Article in Ukrainian

UDK: 336.71:001.82

Olena M. MUSIENKO

Candidate of Science in Economics, Associate Professor, Kharkiv Institute of Banking of the University of Banking of the National Bank of Ukraine

Anastasiia Yu. MASLOVA

Candidate of Science in Economics, Associate Professor, Kharkiv Institute of Banking of the University of Banking of the National Bank of Ukraine

Hannа O. SAVCHENKO

Candidate of Science in Pedagogics, Associate Professor, Kharkiv Institute of Banking of the University of Banking of the National Bank of Ukraine

MODERN PRACTICE OF RATING ESTIMATION OF BANKS ACTIVITIES APPLYING THE TAXONOMETRIC METHOD

In the article the expediency of the use of modern methods for mathematical modeling is researched in the context of rating estimation to determine banks’ activities efficiency, the coefficients of the banks’ activities efficiency on the market of bank services are determined and generalized, the application of taxonometric method is proposed that the banks’ rating should be determined aiming at optimization and informing whilst achieving the results of rating estimation.

Full Article in Ukrainian

UDK: 336.7+336.11

Valerii I. OHIIENKO

Candidate of Science in Economics, Associate Professor, Sevastopol Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

Oleg V. LUNYAKOV

Candidate of Economics, Associate Professor, Sevastopol Institute of Banking of Ukrainian Academy of Banking of the National Bank of Ukraine (Kyiv)

SCIENTIFIC APPROACHES TO DEFINING THE ASSET PRICES ROLE FOR THE PRICE AND FINANCIAL STABILITY MAINTAINING

The alternate views to taking into account the asset prices in the formulation of the objectives of the monetary policy to achieve price and financial stability have been shown in the article. The change of monetary policy strategy depending on the cycle of the financial sector development has been substantiated.

Full Article in Ukrainian

UDK: 336.743:330.131.7

Mykhailo A. REBRYK

Candidate of Science in Economics, Sevastopol Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

THE SYSTEM OF INTERNAL CURRENCY RISK LIMITS OF THE BANK

The article deals with scientific and methodical approach to construction of a hierarchical currency risk limits system of the bank, based on integration of dynamic flexible component (enforces observance of basic tolerance to foreign exchange risk) and fixed rigid buffer (helps to create additional capital reserves in case of exceptional and critical, but probable escalation of risk). The dynamic component has a flexible three-tier structure consisting of limits of realized, unrealized and potential losses. Rigid buffer is represented by positional Stress-limits.

Full Article in Ukrainian

UDK: 338.5

Natalia V. ROGOVA

Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

ANALYSIS OF THE FORMS AND METHODS OF STATE REGULATION OF PRICES AND PRICING PROCESSES

The author investigates the forms, methods and instruments of state influence on prices and pricing processes and proves the priority of fiscal levers of government policy of price regulation in Ukraine.

Full Article in Ukrainian

UDK: 336.77

Nadiya V. ROGOZHNIKOVA

Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

Iryna V. IVANOVA

Candidate of Pedagogical Sciences, Cherkasy Institute of Banking of the University of Banking of the National Bank of Ukraine (Kyiv)

PECULIARITIES OF THE COMMERCIAL BANKS FUNCTIONING AS A PART OF THE CREDIT SYSTEM

The article reveals the essence, structure and stages of credit system formation. The peculiarities of commercial banks functioning and their influence on the development of Ukraine’s modern credit system in the national economy market transformation period have been analyzed.

UDK: 336.71:338.242(477)

Svitlana V. FIMIAR

Candidate of Science in Economics, Associate Professor, Cherkasy Branch of Private Higher Educational Establishment “European University”

Liudmyla Yu. RAHUZINA

Candidate of Science in Philology, Associate Professor, Cherkasy State Technological University

WAYS OF IMPROVEMENT OF BANKING GOVERNMENT REGULATION IN UKRAINE

The main points of government regulation of banking in Ukraine and approaches to the assessment of operating risks were examined and analyzed in this article.

UDK: 336.71

Sharifbek Sh. HASANOV

Institute of Forecasting and Macroeconomic Research (IFMR) under the Cabinet of Ministers of the Republic of Uzbekistan

GLOBAL PRACTICE OF ELECTRONIC BANKING AND ITS OBSERVATION WHILE IMPLEMENTING INTO THE UZBEKISTAN

The present age’s new upcoming technology trembles each and every action of corporate society and persuade them to cull strategy for having effective development. The online banking is one of the tools of digital universe that magnetises profit to the banks by gaining customer retention. This article reviews the electronic banking features and its potential risks or drawbacks by analysing global practice which helped to observe its implementation in Uzbekistan. From the both side of coin the article scrutinised confronted challenges and the simplicity while implementation of online banking.

UDK: 369.03:336.717.8

Oksana М. YURKEVYCH

Candidate of Science in Economics, Associate Professor, Kyiv National Economic University named after Vadym Hetman

THE ROLE AND VALUE OF INSURANCE COMPANIES IN THE INVESTMENT PROCESS

Investment activity of insurance companies and its role in providing of economic development is determined in the article. The features of insurance companies when in use of investment potential are analyzed at the article.

Full Article in Ukrainian