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Features of financial results management of banking institutions activities

Author

Listed:
  • Maksym Zhytar

    (University of the State Fiscal Service of Ukraine)

  • Julia Ananieva

    (University of the State Fiscal Service of Ukraine)

Abstract

The article deals with the main financial results of the banks' activities in recent years, the peculiarities of management of the banking institution, and suggests ways to improve the management of financial results. The subject of the research is the complex of theoretical and practical aspects of identification of management of financial results of the bank at all stages of its activity. The main tasks are 1) to consider the management of the financial performance of the banking institution; 2) assess the performance and profitability of Ukrainian banking institutions; 3) determine the strategic directions of management of financial results of a banking institution. Research methods. The article uses the following methods: economic-statistical, graphical, methods of comparative analysis. Methodological basis of the article became general scientific methods of cognition, generalization, method of comparative analysis and other methods of research. Results of work. Managing the financial performance of the banking institution helps maintain effective performance, sustainable development and solvency. In order to manage financial performance and financial sustainability, leading banks throughout the world are implementing the management of the continuity of banking business, which guarantees the bank's readiness for potential problems and risks. Conclusions according to the article. One of the most effective and topical instruments for today is the development of financial results management of banking institutions. In order to reduce the time spent on conducting all necessary banking and banking procedures, new systems based on the application of the experience of the leading world banks should be introduced.

Suggested Citation

  • Maksym Zhytar & Julia Ananieva, 2019. "Features of financial results management of banking institutions activities," University Economic Bulletin, Hryhorii Skovoroda University in Pereiaslav, Faculty of Financial, Economic and Vocational Education, issue 40, pages 134-140, March.
  • Handle: RePEc:aff:colart:y:2019:i:40:p:134-140
    DOI: https://doi.org/10.31470/2306-546X-2019-40-134-140
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