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BUSINESS INFORM №9-2016The title and content ABSTRACTS AND INFORMATION ABOUT AUTHORS
27
Section: Finance, Money Circulation and Credit UDC 336.71 Andrushchak Y. М., Shchurevych O. І. The Efficient Banking Supervision as a Precondition for the Restoration of Sustainable Development of the Banking System of Ukraine (p. 178 - 183)
The article proves the need to implement the efficient banking supervision. Its main elements have been considered, namely: strategic objectives, means of implementation, as well as indicators that help to evaluate efficiency of banking supervision. An authors' own definition of concept of «efficient banking supervision» has been formulated as a set of measures, which includes controling and monitoring the situation in the banking sector; based on normative, organizational, methodological, informational, and financial ensuring; involves the use of permanent, on-site supervision and public scrutiny oversight to achieve systemic stability, dynamic development of the banking system, protection of the interests of creditors, investors, shareholders, customers, as well as qualitative risk management. Along with traditional methods of banking supervision, a new one – public control of banks' activities – has been allocated. Its major components have been characterized as: subjects of implementation, principles, tools of implementation, as well as strategic objectives of the public control. Keywords: efficient banking supervision, banking system, public control, the Basel Committee, systemic stability Fig.: 2. Bibl.: 15. Andrushchak Yevheniya М. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, Money Turnover and Credit, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine) Email: [email protected] Shchurevych Oksana І. – Postgraduate Student, Department of Finance, Money Turnover and Credit, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine) Email: [email protected]
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Reference to this article: Andrushchak, Yevheniya М., and Shchurevych, Oksana І. (2016) “The Efficient Banking Supervision as a Precondition for the Restoration of Sustainable Development of the Banking System of Ukraine.” Business Inform 9:178–183.
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