Which ensures financial stability in society? One of the components of state policy, which is the basis of the country’s economy. It’s about financial policy, on which priorities in financial matters depend.
So that the global crisis does not cause a banking crisis, we need a certain mechanism that would help in the development of the state economy. That is why such a category as the financial stability of banking systems is so important. That is, we are talking about that the solution of the tasks that are facing banking systems will be high -quality, how they fulfill their mission in achieving good results.
As we know, the world economic crisis, like the previous ones, showed that they have shown that it is most vulnerable to the Russian BS. This crisis could not but affect the stability of the BS of the same Ukraine. As a result, the level of capitalization of banks fell sharply. This happened due to the collapse of the course of the Ukrainian currency, hryvnia. The fall made the number of currency loans in the equivalent of the hryvnia grow. Therefore, it was necessary to increase the capital of the bank in order to comply with the necessary standards. Plus everything, the number of assets has grown – both expired and risky. Therefore, in the conditions of the global crisis, an additional increase in capital was required. What helped the stability of banks in this sector helped? State program of recapitalization. As for banks with foreign capital, they could replenish their assets with the help of maternal banks. Thanks to the measures taken, in this segment the situation was stabilized. But they did not affect economic growth, because accumulated bank assets were not transformed into loans.
Not only the level of capitalization of banks decreased. The profitability of this sphere has declined and profitable. It was necessary to create reserves in order to cover possible losses on active operations, problem loans went at a price, which was lower than the balance sheet, income from the main activities was reduced, since business activity in the economy fell. We all remember the world crisis 2011. The profitability of banking was reduced due to external causes. But, contrary to this, this problem must be solved from the inside. It is necessary to select the most effective ways to clean the bank’s balance of problem loans. You need to “stretch” the debt write -off schedule. Search for the most profitable ways of investing money. Think how to maintain the trust of depositors. And also – intensify actions in attracting additional finances.
