Banking System in Ukraine 2022: Before and in the Wartime

• Authors: Oleksiy Druhov , Vira Druhova

Abstracts

EN

The article presents a study of the main determinants shaping the banking system of Ukraine in the 2018-2021 period, before the Russian invasion. In particular, the level of capitalization of the banking system, the number of banks in liquidation, the dynamics of assets growth and other indicators of the banking system were analyzed. Then the paper analyses the main measures introduced by the National Bank of Ukraine after February 24, when the Russian Federation started the war with Ukraine. These operational measures included: regulation of the foreign exchange market, ensuring the liquidity of the banking system, the operation of the electronic payment system and support for social benefits, the liquidation or preparation for the nationalization of Russian-controlled banks in Ukraine. The article also presents the assessment of the financial situation in Ukraine, after the first month of the war.

Keywords

EN

Ukrainian banking system; National Bank of Ukraine; banking regulation in the wartime; currency market; securing of the liquidity; bank liquidation and nationalization

• Publisher: Bankowy Fundusz Gwarancyjny
• Journal: Bezpieczny Bank
• Year: 2022
• Volume: 86
• Issue: 1
• Pages: 33-48

Dates

published

2022

Contributors

author

Oleksiy Druhov

• Institute of Administration and Postdiploma Studies, Lviv Polytechnic National University Ukraine

• https://orcid.org/000000031987187X

author

Vira Druhova

• Department of financial consulting and banking, Ivan Franko National University of Lviv Ukraine

• https://orcid.org/0000000198263201

References

• The main indicators of banking activity in Ukraine // The official web-site of the National bank of Ukraine. Available at: https://bank.gov.ua/ua/statistic/supervision-statist/data-supervision. Retrieved from 24.03.2022
• Tsyhaniuk D., Hlants V. Analysis of financial soundness of Ukrainian banks. Visnyk Of Sumy State University. Economy series. 2020. № 1. С.155-162 // DOI: 10.21272/ 1817-9215.2020.1-17
• Official page of the National Bank of Ukraine. Про роботу банківської системи та валютного ринку з 24 лютого 2022 року в умовах воєнного стану по всій території України https://bank.gov.ua/ua/news/all/pro-robotu-bankivskoyi-sistemi-ta-valyutnogo-rinku-z-24-lyutogo-2022-roku-za-umovi-voyennogo-stanu-po-vsiy-teritoriyi-ukrayini
• Official page of the National Bank of Ukraine. Внесено зміни до постанови про роботу банківської системи у період впровадження військового стану. https://bank.gov.ua/ua/news/all/vneseno-zmini-do-postanovi-vid-24-lyutogo -2022-deadline-18-pro-robotu-bankivskoyi-sistemi-v-period-poruvadjennya-voyennogo-stanu
• Official page of the National Bank of Ukraine. Національний банк послабив низку заборон на операції в іноземній валюті. https://bank.gov.ua/ua/news/all/natsionalniy-bank-poslabiv-nizku-zaboron-na -operatsiyi-v-inozemniy-valyuti)
• Information about banks with a part of Russian capital. https://www.jakda.com.ua/news/2022/02/25/682777/

Identifiers

DOI

10.26354/bb.2.1.86.2022

Biblioteka Nauki

2054035