IDEAS home Printed from https://ideas.repec.org/a/bal/3seasj/2661-515020223128.html
   My bibliography  Save this article

Security Management Of Ukrainian Banks

Author

Listed:
  • Volodimir Todosiichuk

    (Vinnitsa National Agricultural University, Ukraine)

Abstract

The purpose of the study is the current state and trends in the development of the banking system of Ukraine. The main problems of functioning of banking institutions at the present stage of reforming the state economy were revealed. The essence and content of the category of banking security is analyzed, the role and importance of guaranteeing the safety of banks in the system of financial security of the state is shown. The main threats and risks to banking security in general are described, the principles of improving the level of banking security are outlined. The category of banking security is characterized by: the state of security of banking activities and resources of a financial institution, the ability to develop effectively in the strategic dimension, the ability to withstand threats, protect the economic interests of participants and the ability to increase the overall financial and economic potential. Methodology. Improvement of the mechanism of banking security is the implementation of measures at the level of the bank and the banking system as a whole. The measures include: improving regulatory support, bringing activities closer to international standards of banking services, introduction of conceptual approaches to strategic management of banks' financial security, improving the quality of corporate governance and bank management, etc. Results. To ensure the sustainable development of the national financial system, it is necessary to "improve" the management systems of banks, ensuring full economic protection from external and internal factors, which is one of the main directions of state policy in the field of economic security. Value/originality. Ensuring stability of the banking system, prevention of systemic banking crises is the most important task of authorized government bodies in the field of financial sector regulation. Considering the notion of banking supervision, it can be noted that "banking supervision" is a monitoring system consisting of state, international, inter-bank, intrabank, intra-bank supervision in the form of preliminary, introductory and current supervision from the establishment until liquidation of a bank or its subdivisions. It should be noted that banking supervision is a systemic system that comprises several closely intertwined elements. The components of banking supervision are control proper, which boils down to study or observation of compliance with legislation in the activities of banking institutions, as well as active actions by the National Bank of Ukraine to apply appropriate enforcement measures. The mechanism for ensuring the smooth functioning of the country's banking system is a set of tools used by government agencies and providing for regulatory and supervisory measures.

Suggested Citation

  • Volodimir Todosiichuk, 2022. "Security Management Of Ukrainian Banks," Three Seas Economic Journal, Publishing house "Baltija Publishing", vol. 3(1).
  • Handle: RePEc:bal:3seasj:2661-5150:2022:3:1:28
    DOI: 10.30525/2661-5150/2022-1-28
    as

    Download full text from publisher

    File URL: http://www.baltijapublishing.lv/index.php/threeseas/article/view/1649/1667
    Download Restriction: no

    File URL: http://www.baltijapublishing.lv/index.php/threeseas/article/view/1649
    Download Restriction: no

    File URL: https://libkey.io/10.30525/2661-5150/2022-1-28?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Ukraine; economic security; security management; bank; financial stability of banks;
    All these keywords.

    JEL classification:

    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bal:3seasj:2661-5150:2022:3:1:28. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anita Jankovska (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.