Financial Space

13-22

Authors: Mykola H. Dmytrenko, Julia V. Zhezherun

The article investigates the share of foreign capital in the Ukrainian banking sector, analyzes its structure; the issues of the influence of foreign capital on the development of the domestic banking sector have been considered herein; the factors that contribute to the withdrawal of foreign capital from the domestic banking sector have been revealed. The author proposes measures aimed at protecting of national interests in the banking sector and supporting of the stability of the financial system as a whole.

32-39

Authors: Kateryna L. Larionova, Vitalii. A. Vidlatskyi

In this article is theoretically grounded: the essence of the interbank lending market and its determination of the positions of system approach. The current state of the market of interbank loans in Ukraine. The necessity of developing effective measures to improve the functioning of the interbank credit market in Ukraine.

48-55

Authors: Galina V. Myskiv

This article explores the credit activity of leading international financial institutions in Ukraine. The author analyzed the dynamics of Ukraine issued loans from international organizations and tried to investigate their effectiveness. As a result, identified the positive and negative aspects of cooperation with international creditors.

63-70

Authors: Maria H. Mincenko

In the article studies the conceptual foundations of competitiveness management banking services in its complex: from the viewpoint of structural and process approaches, the system of competitiveness management banking services is constructed and its elements are determined.

77-86

Authors: Volodymyr I. Mishchenko, Svitlana V. Mishchenko

The current stage of the credit market Ukraine is characterized by systemic imbalance. These disparities has adversely affected on the stability of the banking system and hinder economic development. The article describes the main problems hampering lending to the economy, developed and suggestions to stimulate the credit process. The system of measures for improving of credit climate, the introduction of more demanding criteria for lending are offered.

95-103

Authors: Nadiia V. Rohozhnikova

The article deals with the need for statistical evaluation of the functioning of banks, proportionality of relationships, defining trends of their development for the purpose of information and analytical support of full integration of Ukraine’s banking system into international economy.

112-120

Authors: Myroslava E. Khutorna, Vladyslav V. Geleveria

The economic content of the compliance process is researched. The author highlights the interconnection among operational, reputational and compliance-risks. The effective mechanism of the bank compliance-control realization is grounded.

131-144

Authors: Volodymyr O. Chernomor

In modern conditions card payment systems have an important place in the retail business of Ukrainian banks. Participation in card payment systems is associated with considerable costs. Therefore, the optimal choice of payment system and its development strategy is an important precondition for the profitability of this activity. Therefore, the optimal choice, in terms of opportunities for bank payment system and its development strategy remains an important precondition for ensuring profitability of this business area. In the article are analyzed key costs associated with implementation of card payment systems in banks as well as sources of income from participation in card payment systems. In addition, the article provided an example of calculating the financial result of the bank’s participation in NSMEP, Visa and MasterCard.

152-160

Authors: Olena L. Biliachenko, Vasyl S. Zdrenyk

The existing system of control over the activity of credit unions in Ukraine has been studied, which made it possible to outline the components of this system and describe the basic functions, efficiency and methodical techniques of carrying out control in general and control over revenues particularly in the context of internal and external subjects of control. Typical violations that occur in the process of recording revenues of credit unions have been researched, which allowed to improve methodical approaches to carrying out internal control over the revenues of credit unions in the part of determining the stages, sources of evidence and methods of control.

168-174

Authors: Houshang Shajari, Mohsen Ghobadi

Nowadays, with the great progress in financial science, one of the most common methods that investors use, to make investment decisions, is technical analysis strategy that uses price background knowledge and related data to forecast future prices. Generally, according to various opinions, there are three different methods for investing in stock: Fundamental analysis, technical analysis, buy and hold strategy. This study evaluates the profitability of technical analysis strategy in obtaining abnormal returns using RSI, MFI, CCI, MACD, RFI indicators. Therefore, trading signal returns done by these four has been evaluated. In this study, business data of all companies accepted in Tehran stock exchange were collected, and in the period “between 2007 to 2013” by deletion of those companies that lack the essential information, the exams of this study have been done on the basis of related data of 25 companies by referring to transaction costs. The results revealed the positive returns according to technical analysis and indicator returns of technical analysis is significantly more than Risk-free interest rate . According to the results, RSI, CCI, MACD, MFI have, in sequence, more returns and all their returns were more than Risk-free interest rate.

180-189

Authors: Olga M. Shynkarenko, Oksana S. Shvedenko

The article deals with the features of functioning of credit unions in financial services market. Considers the importance of the value of credit unions in the overall system of non-bank financial institutions. Analyzes basic indicators of their activity.

197-204

Authors: Olena O. Lavrova

It has discussed the specific features of insurance, which contribute any significant accounting and objects of financial statements; substantiated their relevance, materiality and necessity disclosure in this article.

212-218

Authors: Zoriana Melnik

The paper investigates the concept of “creative accounting” conditions of its emergence and implementation. There is defined negative and positive influence on the formation of accounting policy. Methods and reasons for the use of creative accounting and manipulation of financial statements are separated. There are grounded objects, by which is often used creative accounting.

227-232

Authors: Anna I. Starukh

This article is devoted to calculation and construction of multivariable regression models of dependency of the scope of budget violations and ineffective use of budget resources from impacts. Also, is carried out the forecast of budget violations for the next period. The results of the study are presented in conclusions and suggestions.

240-245

Authors: Yuliia P. Galushko

The article investigates issues that form the theoretical basis category of “monetary policy”. They carried out the systematization of definitions of monetary policy, which is most common in science. It is distinguished two main views on monetary policy and found that in modern economic literature there is no single approach to the nature of monetary policy. Having regard to the interpretation, the given scientists term “monetary policy” despite the presence of broad and narrow approaches to understanding, we establish the definition of the economic category.

253-262

Authors: Robert F. Pustoviіt

The nature of corruption as a fundamental factor of kleptocratic economy is investigated. Theoretical models of corrupt behavior are analyzed on the base of theoretical conceptions of monopolistic and oligopolistic markets. Factors of the corrupt influence on the functioning of the kleptocratic type of the economic system are determined.

270-278

Authors: Yevgenii O. Balatskyi, Svyatoslav O. Shpitshluz

In times of instability states, regions, districts, cities and other settlements in the preparation, approval and implementation of the budget has financial risks. The disparity between revenue and expenditure side of the budget deficit transfers in the form of grants, subsidies and subsidies entail budgetary risks and raises the question of financial security budgets. Of particular importance and interest is the question of budget risks that affect the financial security of the region and their identification, assessment and management.

285-292

Authors: Olga M. Vyshnevska, Iryna V. Shevchenko

The article describes the theoretical basis and the components of environmental safety. The level of ecological and natural-technogenic safety of Ukrainian regions are investigated. The level of investment in the agrarian sector and the industrial share in GDP’s formation is analyzed. The role of the basic premises and investment in the agrarian sector of the economy is defined.

305-309

Authors: Halyna V. Durytska

The concept of investment and innovation security is revealed, transnationalization’s actual and potential impact on investment and innovation security is analyzed, main threats to investment and innovation security of Ukraine at the present stage are determined, the priorities in strengthening this type of economic security are outlined.

322-327

Authors: Inna O. Dotsenko, Ruslana S. Kukurichko

In the article basic aspects are considered in functioning of constituents of social politics of foreign countries, tendencies are educed and generalized in relation to modern directions of development and reformation. The mechanisms of financing of the system of public welfare are reflected foreign countries, their structure is considered on the example of certain countries.

335-342

Authors: Nataliia G. Pihul, Olga V. Liuta

The specificity of the social sphere in Ukraine in the context of European integration processes is considered in the article. The comparative characteristic of some socio-economic indicators of Ukraine and EU member countries is shown in the issue. The basic models of welfare states, their differences and peculiarities of financing are researched. Authors characterized the main features of the national model of social policy and determined the main directions of its further development.

352-357

Authors: Dmytro L. Tsyhanyuk

This article grounds growing importance of strategic management of «Soft Skills» development and its relationship with the motivation of bank staff. It is proved that today «Soft Skills» are more important for increasing the efficiency of bank sales than «Hard Skills», which is caused by current trends in the development of banking software for both internal and for external use. Based on the results of own research and studies of foreign scholars author proposed strategic purposes of «Soft Skills» development in domestic banks.

371-380

Authors: Hanna A. Ivashchenko, Maryna O. Kipa

The system of indicators of efficiency of management of financial resources based on the resource-functional approach. Conducted gradation levels according to the criterion of efficiency of financial resources management. The analysis of the “migration” dairy enterprises clusters allowed to differentiate the enterprise on which strategic, tactical and operational management of financial resources.

390-398

Authors: Nataliia Yu. Oliinyk

The article analyzes the features of women’s entrepreneurship in Ukraine. The research has revealed the characteristics, types and forms of female entrepreneurship. Main reasons of women’s entrepreneurship, its barriers and obstacles are identified. The causes of need to promote women’s entrepreneurship are grounded. And as a result the way to achieve it through the women’s unification in trade unions or business associations is offered.