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Transformations of Ukraine's banking sector under the economic depression: factors, effects, prospects

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  • S. Brus, Y. Bublyk, K. Rozhkova, N. Shelud'ko

Abstract

The article deals with the main preconditions and tendencies of the transformation processes characteristic for the modern stage of the development of Ukraine's banking sector (exit of the European banks and their replacement with Ukrainian and Russian ones, consolidation of the banking capital, re-orientation to domestic resources, and credit stagnation). The authors emphasize the key structural and functional changes, which will define (restrict) the development of Ukraine's banking sector in 2014. The article focuses on the importance of ensuring a stimulating influence of Ukraine's banking sector on this country's economic development in conditions of a conflict between the vectors of economic integration.

Suggested Citation

  • S. Brus, Y. Bublyk, K. Rozhkova, N. Shelud'ko, 2013. "Transformations of Ukraine's banking sector under the economic depression: factors, effects, prospects," Economy and Forecasting, Valeriy Heyets, issue 4, pages 33-48.
  • Handle: RePEc:eip:journl:y:2013:i:4:p:33-48
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