BUSINESS INFORM JOURNAL.

УКР

ENG

Search:

REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

PUBLISHER

Liburkina L. M.

SITE SECTIONS

The Role of Commercial Banks in Stabilizing the Economy of Ukraine in the Conditions of Wartime (Example of JSC «Credit Agricole Bank»)
Chaika I. P., Dudchenko A. V.

Chaika, Inna P., and Dudchenko, Andrii V. (2024) “The Role of Commercial Banks in Stabilizing the Economy of Ukraine in the Conditions of Wartime (Example of JSC «Credit Agricole Bank»).” Business Inform 12:263–269.
https://doi.org/10.32983/2222-4459-2024-12-263-269

Section: Finance, Money Circulation and Credit

Article is written in Ukrainian
Downloads/views: 0

Download article (pdf) -

UDC 336.713:338.24]:342.78(477)

Abstract:
The article is devoted to the analysis of the role of commercial banks in stabilizing the economy of Ukraine during the wartime, in particular on the example of the activities of JSC «Credit Agricole Bank». The study highlights the importance of the banking system as a key element in maintaining the country’s financial stability during hostilities. The article examines in detail the transformations of the banking sector, which have become a response to new challenges caused by martial law and economic instability. It is proved that despite the reduction in the number of banking institutions, the sector remains resilient due to the timely measures taken by the National Bank of Ukraine, the reforms carried out in previous years, and the adaptability of the banking institutions themselves. Particular attention is paid to the activities of JSC «Credit Agricole Bank» as a system important bank, demonstrating active participation in supporting the Ukrainian economy and social initiatives. It is noted that the bank not only ensures the smooth functioning of its branches, but also provides significant support to its employees and their families, as well as participates in humanitarian projects and helps the injured and internally displaced persons. The article provides examples of measures aimed at social support, retraining of personnel and ensuring the safety of employees, which is an important factor in maintaining the bank’s performance in wartime. The financial indicators of the bank are considered. Their analysis showed the preservation of positive dynamics of operating activities, despite a significant reduction in investment revenues in 2022. Currently, the bank actively attracts customer funds, contributes to an increase in term deposits of households and maintains a stable loan portfolio, which allows maintaining the level of liquidity and ensuring the stability of the banking sector as a whole. As a result of the analysis, it is concluded that commercial banks, in particular JSC «Credit Agricole Bank», play an important role in maintaining Ukraine’s economic stability during the wartime. Their activities contribute not only to financial stability, but also to the social cohesion of society, which is critical for the recovery and development of the country in the future. Further research in this direction will be devoted to the practical development of measures and policies of commercial banks that will contribute to the recovery of the country.

Keywords: banking sector, commercial bank, liquidity, economic environment, social environment, macroeconomic stability.

Tabl.: 2. Bibl.: 13.

Chaika Inna P. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Management, Poltava University of Economics and Trade (3 Ivana Banka Str., Poltava, 36003, Ukraine)
Email: [email protected]
Dudchenko Andrii V. – Postgraduate Student, Poltava University of Economics and Trade (3 Ivana Banka Str., Poltava, 36003, Ukraine)

List of references in article

Pravdykovska, I. I., and Doroshenko, N. O. “Vplyv viiny na bankivsku systemu krainy“ [Influence of the War on the Banking System of Ukraine]. Molodyi vchenyi, no. 9 (2022): 150-153. DOI: https://doi.org/10.32839/2304-5809/2022-9-109-32
Nianko, V., Nianko, L., and Nianko, V. “Bankivska systema za voiennoho stanu ta u pisliavoiennomu vidnovlenni Ukrainy“ [The Banking System During the Martial Law and in the Post-war Reconstruction of Ukraine]. Naukovi zapysky Lvivskoho universytetu biznesu ta prava. Seriia ekonomichna. Seriia iurydychna, no. 35 (2022): 96-105. DOI: http://dx.doi.org/10.5281/zenodo.7643321
Danylyshyn, B. “De vziaty finansovi resursy dlia pidtrymky voiennoi ekonomiky i oborony“ [Where to Get Financial Resources to Support the Military Economy and Defense]. Ekonomichna pravda. May 16, 2022. https://www.epravda.com.ua/columns/2022/05/16/687087/
Sytnyk, N. S., and Pritsak, Ya. M. “Bankivska systema Ukrainy v umovakh viiny: ryzyky ta otsinka bezpeky“ [Banking System of Ukraine in War Conditions: Risks and Security Assessment]. Molodyi vchenyi, no. 6 (2023): 94-98. DOI: https://doi.org/10.32839/2304-5809/2023-6-118-19
[Legal Act of Ukraine] (2022). https://zakon.rada.gov.ua/laws/show/v0018500-22#Text
“Kilkist bankiv v Ukraini“ [Number of Banks in Ukraine]. Minfin. December 24, 2024. https://index.minfin.com.ua/ua/banks/stat/count/2024/
“Ohliad bankivskoho sektoru. Lystopad 2023“ [Overview of the Banking Sector. November 2023]. Natsionalnyi bank Ukrainy. https://bank.gov.ua/admin_uploads/article/Banking_Sector_Review_2023-11.pdf?v=7
“Ohliad bankivskoho sektoru. Serpen 2024“ [Overview of the Banking Sector. August 2024]. Natsionalnyi bank Ukrainy. https://bank.gov.ua/admin_uploads/article/Banking_Sector_Review_2024-08.pdf?v=10
“Natsionalnyi bank pidtverdyv status systemnoi vazhlyvosti dlia 15 bankiv“ [The National Bank Confirmed the Status of System Importance for 15 Banks]. Natsionalnyi bank Ukrainy. March 05, 2024. https://bank.gov.ua/ua/news/all/natsionalniy-bank-pidtverdiv-status-sistemnoyi-vajlivosti-dlya-15-bankiv
“Banky v umovakh tryvaloi viiny zberehly doviru kliientiv, vysoku operatsiinu efektyvnist ta prybutkovist - Ohliad bankivskoho sektoru“ [Banks in the Conditions of a Long War Maintained Customer Trust, High Operational Efficiency and Profitability - Review of the Banking Sector]. Natsionalnyi bank Ukrainy. February 17, 2023. http://surl.li/ffztp
“Prybutkovist ukrainskoi bankivskoi systemy“ [Profitability of the Ukrainian Banking System]. Opendatabot. 2024. https://opendatabot.ua/open/bank-ranking
AT «Kredi Ahriol Bank». https://credit-agricole.ua/
“Odyn za vsikh. Yak Kredi Ahrikol pidtrymuie komandu pid chas viiny“ [One for All. How Credi Agricole Supports the Team During the War]. delo.ua. October 26, 2022. https://delo.ua/business/odin-za-vsix-yak-kredi-agrikol-pidtrimuje-komandu-pid-cas-viini-405324/

FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

INFORMATION

The Plan of Scientific Conferences

OUR PARTNERS

Journal «The Problems of Economy»

The site and its metadata are licensed under CC BY-SA.

Write to webmaster