Financial market and investment processes in Ukraine: achievements, problems and prospecs

25 years of experience in the formation of the Ukrainian market testifies to its narrowness, functional limitations, and illiquidity. The dominant role falls on the banking system (the ratio of assets of bank and non-bank financial institutions in Ukraine is about 90-93% vs. 7-10% in favour of the banks). But periodic crises in Ukraine make it impossible to preserve and increase their savings, it's for both in the banking sector and in other financial market segments; therefore, foreign exchange, insurance market and private pension funds are significantly underdeveloped. Ukrainian securities market is also in the doldrums, due to low confidence in the quality of the instruments (stocks, bonds) and to issuers, investors are subjected to significant risks when buying instruments. It is therefore necessary to implement the strategy of institutional support macroeconomic stability, and in the future at the appropriate steps in deregulation and the introduction of the investor protection system - contribute to the development of the financial market of Ukraine.