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Innovations as a power of banking activity

Author

Listed:
  • Valeryia Loiko
  • Tatiana Bashkyrtseva

    (Borys Grinchenko Kyiv University
    Borys Grinchenko Kyiv University)

Abstract

The article deals with the issues of development and introduction of banking innovations, in particular, into the work of the banks of Ukraine. Banking innovations can be considered as separate implementations as well as the whole system of organizational, economic, managerial and institutional innovations in any sphere of activity of the bank. Introduction of innovations to the work of a bank is accompanied by economic as well as social effects. The development of banking innovations is carried out both by the banks themselves and by seven professional world banking laboratories, most of which are located in the United States.

Suggested Citation

  • Valeryia Loiko & Tatiana Bashkyrtseva, 2018. "Innovations as a power of banking activity," European scientific journal of Economic and Financial innovation, "European Association of Economists", vol. 1(1), pages 67-76, November.
    • Handle: RePEc:efn:journl:v:1:i:1:y:2018:p:67-76
    DOI: 10.32750/2018-0108
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    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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