Activities of banking institutions on the financial market of Ukraine

Abstract

The subject of the research is the theoretical, methodological and practical principles of the activity of banking institutions in the financial market of Ukraine. The purpose of the article is to study of the peculiarities of the activity of banking institutions on the financial market of Ukraine in modern conditions. Method or methodology of research. In order to solve the set tasks in the article, a set of methods of scientific knowledge was used, which made it possible to realize the conceptual unity of scientific research. The system method, the method of comparison, analysis, scientific abstraction and generalization is applied. Results of the article. The article examines the peculiarities of banking institutions in the financial market of Ukraine. Factors influencing the development and activity of banking institutions are systematized. The need for prompt response and adaptation of banking institutions to changes in the dynamic external environment for their successful activity was determined. The dynamics of the main activity indicators of Ukrainian banks for 2013–2022 were studied and analyzed. The dynamics of revenues, expenses, and financial results of Ukrainian banks were considered. It is noted that the profitability of assets and the profitability of banks' capital are important indicators that testify to the effectiveness of banking institutions in the financial market of Ukraine, their dynamics during the analyzed period were considered and relevant conclusions were drawn. Field of application of results. The results of the research can be used by banking institutions in order to optimize their activities. Conclusions. Banking institutions occupy an important place in the financial market of Ukraine. The study of the latest trends in indicators of the activity of banking institutions in Ukraine shows that during the analyzed period the number of banks is constantly decreasing. In addition, the banking crisis, which was observed in the period 2014–2017, was noticeable on the activity of banks. Also, the trend towards a decrease in the share of bank assets in GDP is characteristic of the modern banking system. Therefore, taking into account the difficult times of functioning of banks in Ukraine, it is necessary to take a set of measures to increase the efficiency of their activities on the financial market.