AbstractThis paper examines the mainstream theories of “financial sustainability” and “financial development”. It is suggested understanding “financial development” as the complex dynamic characteristics of the financial sector, which is formed under the influence of financial and economic policy factors and the financial market functioning. The paper provides the methodology of relationship between financial sustainability and socio-economic development of countries evaluation. Based on the matrix method, it is proved that the differences in developed and developing countries occur due to the relationship between financial sustainability and financial development.

The public debt at the present stage is an objective economic phenomenon, a component of the financial system and a tool for implementing the economic strategy of the country, and its effective use can be a powerful factor in its economic growth. The paper is devoted to the study the economic essence, current state, structure and main trends of the total public debt of Ukraine. Essence of national debt, state-guaranteed debt, foreign and domestic debt and maintenance of relative amount and rate of debt are exposed. Under the type of debt obligation, public debt is divided into direct (unconditional) and guaranteed (conditional) debt, which arises as a result of the state's obligations to third parties or guarantees for these obligations. There is also a division of public debt by type of creditor. Domestic and foreign public debt are distinguished on this basis. Based on statistical data of Ministry of finance of Ukraine and Government service of statistics of Ukraine the dynamics of the debt of Ukraine is analyzed and an analysis of its structure according the type of debt obligation, and the type of creditor is carried out. Public and state-guaranteed debt during 2016–2020 grows on average annually by UAH 195.95 billion or 10.2 %. The state external debt of Ukraine increased during the period under study from UAH 980.19 billion on 01.01.2016 to UAH 1258.52 billion. at the end of 2020 with a decrease in 2019 by UAH 168.54 billion. The impact of external borrowing on economic growth is determined by the relative size of debt the share of public debt in GDP. The analysis of the indicator shows that in 2016–2020 it decreased from 81.0 % at the end of 2016 to 50.3 % in 2019, which corresponds to the legal norm, while in 2020 its share has already reached 60.8 %, which is 10.3 % more than in the previous year.

The article is devoted to the study of the nature, approaches to classification and fundamental factors of the investment attracti-veness of the enterprise. A prerequisite for ensuring a sustainable and competitive development of enterprises is the access to invest-ment resources and the ability to attract them, taking into account the investment attractiveness of enterprises. The purpose of the paper is to determine the essence of the investment attractiveness of the enterprise and its features from the standpoint of assessing the investment attractiveness of the enterprise in the current economic conditions in Ukraine. It is grounded that investment attractiveness is a complex concept because it reflects the opinion of a certain group of investors regarding the risk ratio, profitability ratio and value of financial resources of the enterprise, as well as represents a set of certain objective features, properties, means and capabilities of the economic system that determines the potential payment demand for investment. The main classification features of the investment attractiveness of an enterprise are the following: the position of the valuation entities, the type of investor, time horizon, the approach to the valuation and the purpose of the valuation. An important condition for the existence of the enterprise is the ability to determine a number of qualitative characteristics of the influence of the internal and external environment on the overall level of financial condition of enterprises and the efficiency of use of enterprise resources. Analysis of existing methodological approaches to the analysis of the assessment of the investment attractiveness of the enterprise indicates the feasibility of applying the methodology of integrated assessment of investment attractiveness of enterprises, taking into account the type of activity, the main risks of a particular industry, cost structure and features of formation of profit of the enterprise.

Effective functioning and productive development of the banking system is a necessary condition for Ukraine’s economic development. Therefore banking supervision is an integral element of maintaining stability in the banking system. The National Bank of Ukraine implements this task by establishing regulatory and legal support for banking activities and establishing economic standards for banking activities. The paper is devoted to studying the essence of banking supervision and the establishment and monitoring of economic standards of banking as a direction of its providing, as well as assessing the level of compliance with economic standards by Ukrainian banks. The paper presents the primary economic standards that banks operating in Ukraine must comply with. The calculation of the integrated indicator is based on the values of the following standards: capital – the minimum size of regulatory capital, sufficiency (adequacy) of regulatory capital, the sufficiency of fixed capital; liquidity; credit risk – the maximum amount of credit risk per counterparty, large credit risks, the maximum amount of credit risk for transactions with persons related to the bank; investment – investing in securities separately for each institution, the total amount of investment. A methodical approach to calculating the integrated indicator of compliance with economic standards in banking is proposed. The main stages are the following: standardization of normative values, the formation of a reference vector, calculation of Euclidean distances, and determination of values of the integral index. In 2017, the integrated indicator of compliance with economic banking standards increased significantly, increasing from 0.16-0.23 in February and March to 0.60 in August. In 2018, the compliance with economic standards by Ukrainian banks was as a whole at a higher level 0.50-0.60.

The article attempts to tackle theoretical and methodological issues related to enhanced understanding of the nature of enterprise financial security as well as the use and the selection of research and methodological tools for its evaluation. An emphasis is put that in the current vulnerable economic environment, domestic enterprises are greatly challenged by a wide range of risks and threats caused by a number of negative effects from external and internal factors. It is argued that the lack of argument and consistency in building a robust financial security framework for business entities might translate into a drop in revenues and profits, loss of liquidity, solvency and financial independence, along with spurring unreasonable amounts of receivables and payables and, consequently, triggering a crisis situation. The purpose of this research is to explore modern analytical, financial, economic and statistical tools to assess the enterprise financial security and to enclose its advantages, disadvantages and applicability in the financial management context. Within the scope of this research, the enterprise financial security is viewed as a particular enterprise state characterized by the most efficient use of resources, profitability, and financial stability which acting together contribute to gaining a successful business performance, eliminating the negative effects from external and internal destabilizing factors over an indefinite period of time. According to the research findings, to assess the enterprise financial security, it is suggested employing a research and methodological toolkit based on the cash flow analysis, evaluation of financial stability, financial indicators, resource-based and functional approach, as well as implementation of integrated indicators. The conclusions of the study resume that given the different criteria and indicators embedded in different approaches (each of them having its pros and cons), to render a comprehensive and informative analysis, using a number of approaches to assess the level of enterprise financial security sounds reasonable enough and thus is strongly recommended.