Banking security of Ukraine: current state and ways to improve

Abstract

Ukrainian banking institutions conduct their activity under the influence of various risks, which create critical situations for them. In this context, banks should pay more attention to their own security. The article analyzes the theoretical approaches to the concept of “banking security”, examines the level of banking security as a component of the financial and economic security of the state, and determines the ways to improve it. Banking security was analyzed based on the data of the National Bank of Ukraine and other banks that are part of the banking system of the country.The current state of the banking system shows a decrease in the security since 2014 to the “danger zone”. This is facilitated by a great number of problem loans and foreign capital in the authorized capital of banks; the predominance of short-term lending over long-term one; continued unprofitableness and low liquidity of bank assets. Banking security was the guarantor of achieving financial security of the state. Therefore, the article outlines directions for improving the operation of banking institutions and the banking system as a whole, which will allow to improve banking security in the short term. This is, first of all, the legislative consolidation of the creditor rights protection, the expansion of the lending process, including in foreign currency, with the predomi-nance of long-term loans, the banks’ work in the direction of increasing their assets profitability, optimizing administrative costs, developing and using the latest informa¬tion technology to ensure the effective operation and information security of banks.

Support System of Solutions for Planning Sales Activities in the Tourism Industry

“…Activities in the Tourism Industry Due to the reasons mentioned above, the possibility of rolling forecasting, multi-aspect analysis, scenario modelling and several other methods are used insignificantly in in-house planning, which negatively affects the quality of short-term and medium-term forecast indicators of financial and economic activity [5][6][7]. This leads to managerial errors and untimely decisions and, as a result, to a decrease in the operational efficiency of the tourism business [8][9][10].…”

“…The development of knowledge and analytical systems of different classes is based on economic, mathematical and intellectual methods of analysis and forecasting, which are based on the developers of the information and systematic decision support system [4][5]. In a generalized form, the relationship of methods and technologies can be illustrated in Fig.…”

Banking security monitoring: development of a methodical support to valuation

“…The problem of providing economic security in the format of countries development and various sectors of the global market is relevant to science and practice. Therefore, scientists are studying various aspects of economic securityfinancial (Onyshchuk, Onyshchuk, Petroye, Chernysh, 2020), investment (Kwilinski, Dielini, Mazuryk, Filippov, Kitseliuk, 2020), banking (Ponomarenko, Prokopenko, Kuzmenko, Kaminska, Luchyk, 2018). Scientists are unanimous about the importance of the banking system as a pole of economic growth (Zaitseva, 2020;Pradhan, Arvin, Nair, Hall, Gupta, 2017).…”

Optimization of the System of Monitoring the Effectiveness of Venture Investments

“…In the age of high technology, it is impossible to imagine the development of technogenic thought without sound financial investments. In recent history, there are many examples of the development of entire scientific institutes and centres generated by the competent merger of great technical minds and effective management [1][2][3][4][5]. There are examples when small firms, as a result of a combination of investments and intellectual activity, turned into global companies.…”