scholarly journals Analysis of countering threats to the economic security of banking

2021 ◽  
Vol 8 (4) ◽  
pp. 46-50
Author(s):  
Artem Ivanov ◽  
Mihail Maksimcov
Keyword(s):  
Financial Markets ◽  
Banking System ◽  
Economic Security ◽  
The State ◽  
Institutional Factors ◽  
Banking Supervision ◽  
Depth Analysis ◽  
Legitimate Interests ◽  
The Stability

Security is an integral part of the bank's activities. The state of security is the ability and ability of a bank to reliably resist any attempts by criminal structures or unscrupulous competitors to damage its legitimate interests. Banking supervision should be based on an in-depth analysis of internal and external vulnerabilities of the banking system. This includes macroeconomic and institutional factors, as well as the stability of the financial markets in which banks operate.

scholarly journals CONCEPTUAL FUNDAMENTALS OF STATE FOOD SECURITY MANAGEMENT IN CONDITIONS OF INVESTMENT AND INNOVATION DEVELOPMENT OF THE AGRICULTURAL SPHERE

2021 ◽  
Author(s):  
Оleksii Zoria ◽  
Olena Ovcharuk ◽  
Diana Mauer
Keyword(s):  
Food Security ◽  
Food Quality ◽  
Agricultural Production ◽  
Security Management ◽  
Economic Security ◽  
The State ◽  
Free Access ◽  
Material Base ◽  
Innovation Development ◽  
The Stability

The article develops theoretical and methodological foundations for the formation of the concept of food security management of the state in terms of investment and innovation development of the agricultural sector. It is determined that the essence of food security is the economic state of the country, in which, regardless of market conditions, the population can be guaranteed and stably provided with food resources, have free access to them in sufficient quantities, range and at reasonable prices, with this corresponds to the normatively justified parameters and medical standards. It is established that the concept of economic security of the state involves the effective functioning of all its constituent subsystems, which must ensure efficient and rational use of all relevant resources to eliminate possible external and internal threats, ensure the stability of the national economy and direct protection of state interests. Stimulating the development of agricultural production and reducing the negative impact of its systemic indicators will ensure the stability of food security and food independence by increasing the sustainability of agricultural production and food quality and income, expanding exports and imports, increasing food stocks, improving greening, improving the legal framework, realization of production potential of agriculture. The paper notes that food security is one of the most important indicators of socio-economic development of the country. It is provided primarily by the level of agricultural production, saturation of the market with its own agricultural products, which promotes its independence and meets the main groups of indicators defined in world practice (level of availability and consumption of food, availability and sufficiency of food, quality and safety of food). The development of agricultural sectors depends on the intensification of investment strategies, state support in financing and investing, promoting the competitiveness of agricultural producers in the domestic market and protecting their interests in foreign economic activity, the introduction of credit mechanisms as an option to update the material base, improve the mechanism pricing, completion of land reform and direct control over the quality of production and use of natural resources.

scholarly journals INFLUENCE OF NATIONAL DEBTIS ON FINANCIAL SAFETY OF UKRAINE

2021 ◽  
Author(s):  
Oksana Krasnikova
Keyword(s):  
Internal State ◽  
Banking System ◽  
Economic Security ◽  
The State ◽  
International Standards ◽  
Control Treatment ◽  
Optimal Size ◽  
National Debt ◽  
Financial Strength ◽  
Financial Monitoring

In the article the modern going is reflected near interpretation of financial safety as basic constituent of economic security. The analysis of basic indexes of budgetary safety of the state and reasonably directions of her strengthening are conducted in the conditions of the crisis phenomena. Fromʼясовано, that financial safety is the extraordinarily difficult multilevel system that is formed row of subsystems, each of that has an own structure. Yes, financial safety of the state includes budgetary, tax, promissory safety, financial safety of the banking system, currency, money-and-credit, investment, financial safety of insurance and fund markets. Priority directions of strengthening of financial safety of Ukraine are determined, first of all, on the basis of estimation of level of indexes of financial safety of the state. Fromʼясовано, that one of main indexes of financial safety there is a level of national debt of country. It is well-proven that in accordance with international standards, the optimal size of debts of the state must not exceed 60% from the annual volume of GDP. And in Ukraine, taking into account the insufficient level of external solvency the level of external national debt must not exceed 30 % At exceeding of this level the state can lose financial independence and become a state-bankrupt. The investigational level of national debt of Ukraine to the gross domestic product allowed to establish exceeding of optimal size of debts of the state that testifies to the high enough level of threat of development of promissory crisis. A row over of suggestions is in this connection brought in relation to the improvement of situation with the state borrowing and perfection of the system of the state crediting, and also increase of financial strength of the state security due to creation of new competitive instruments of the internal state borrowing, bringing in of investors, to that it is necessary to apply favourable tax, hard control treatment after the use of the state borrowing, introduction of modern forms of cooperation of different imperious structure and institutes in question financial safety and financial monitoring and other event.

scholarly journals Risks and stability of the banking system of the Republic of Moldova

2021 ◽  
Author(s):  
Grigore Duhlicher ◽  
Keyword(s):  
Financial Markets ◽  
Financial Crises ◽  
Banking Sector ◽  
Banking System ◽  
Republic Of Moldova ◽  
Banking Systems ◽  
The Republic ◽  
And Performance ◽  
The Stability ◽  
Financial Balance

The banking sector is constantly affected by a multitude of risks, which jeopardize its stability and performance. The multiplication, diversification and continuous intensification of banking risks emphasizes the need to define, identify, analyze and manage these phenomena, this process having a major impact on the stability of national banking systems and global financial balance. Efforts to this end must maintain the stability of financial-banking systems, characterized by a lack of major imbalances, which could lead to systemic financial crises, the inability of financial institutions to conduct financial operations, or the collapse of financial markets.

scholarly journals CREDIT MARKET DEVELOPMENT DIRECTIONS IN MODERN UKRAINIAN CONDITIONS

2020 ◽  
Vol 2 (155) ◽  
pp. 34-40
Author(s):  
V. Verbytska ◽  
V. Bredikhin
Keyword(s):  
Banking System ◽  
Factors Affecting ◽  
Consumer Loans ◽  
Current State ◽  
Consumer Lending ◽  
The Status ◽  
Banking Institutions ◽  
Legitimate Interests ◽  
The Stability ◽  
Credit Institutions

The article is devoted to the review of the current state, problems and directions of improving the activities of banking and microfinance organizations (MFIs) in the lending market. The methods of attracting customers to obtain loans are analyzed and the international experience of banking and non-banking organizations in the field of lending to the population is investigated. It was concluded that the economic development of the state not only implies, but also requires the development of market lending mechanisms that can not only provide banking institutions with a profit, but also ensure stable economic growth. In addition, it should be noted that there is a different focus on research in this area, as well as the lack of a unified approach to determining directions for improving lending competitiveness, and the mismatch between the chosen strategies for the real situation that has developed in Ukraine. It has been established that the largest share in the lending market belongs to consumer loans, classic loans to individuals, when borrowed funds are taken to pay for various necessities of life. At the same time, the presence of negative trends and factors affecting the stability and stability of the banking system has been identified, which makes it necessary to study and constantly monitor the status of consumer lending in order to identify potential problems. It is stated that at present, to expand the client market of credit institutions, it is necessary not only to expand the range of items provided under credit, but also to disseminate information and promote these services on the market. The main ways to attract customers to obtain loans and events that are actively used by credit institutions around the world are identified. The opinion of leading experts on the need to address a number of tasks to ensure the rights and legitimate interests of borrowers in the field of consumer lending is recorded. The principles of building a hierarchical system for working with loan applications are outlined. Keywords: lending, banking institutions, macro-financial organizations, borrower, money market, profitability, interest.

scholarly journals Assessing the stability of the banking system based on fuzzy logic methods

2020 ◽  
Vol 15 (3) ◽  
pp. 171-183
Author(s):  
Ivan S. Blahun ◽  
Ivan I. Blahun ◽  
Semen I. Blahun
Keyword(s):  
Fuzzy Logic ◽  
Internal State ◽  
Banking System ◽  
Principal Component ◽  
Stability Index ◽  
The State ◽  
Integrated Index ◽  
Five Factors ◽  
Fuzzy Logic Method ◽  
The Stability

The functioning of the country’s banking system is the basis for ensuring its economic development and stability. The state of the banking system often causes financial crises; therefore, ensuring its stable work is one of the main tasks of monetary policy. Meanwhile, it is important to find approaches to a comprehensive assessment and forecasting of the stability of the banking system that would allow obtaining adequate results.Based on a sample of data generated for the period from 2008 to the 1st quarter of 2020 with a quarterly breakdown, an integrated stability index of Ukraine’s banking system was estimated. The analysis was based on 23 variables that characterize certain aspects of the functioning of the Ukrainian banking system.Using the principal component analysis, five factors have been identified that have the greatest impact on ensuring the stability of the banking system. They were used to form an integrated index based on the application of the Mamdani fuzzy logic method. The results obtained adequately reflected the state of stability of the banking system for the analyzed period, which coincided in time with the crisis phenomena occurring in the Ukrainian banking system. The obtained value of the integrated index characterizes the stability of Ukraine’s banking system at the average level, since it depends not only on the internal state of the system, but also on the influence of external factors, both national and international.

scholarly journals ACTIVITIES OF THE NATIONAL BANK OF UKRAINE DURING THE COVID-19 PANDEMIC OUTBREAK

2021 ◽  
Author(s):  
Natalia Danik ◽  
Kateryna Lohachova ◽  
Inna Grebenuk
Keyword(s):  
Banking Sector ◽  
Banking System ◽  
Financial System ◽  
Economic Security ◽  
Economic Downturn ◽  
Negative Consequences ◽  
National Bank ◽  
The Stability ◽  
As Stress ◽  
The Impact

The article considers the impact of the COVID-19 pandemic on the regulatory activities of the National Bank of Ukraine. The interdependence of the banking and economic systems and the impact of their inefficient interaction on banking in general and each individual commercial bank in particular are analyzed. It is established that before the onset of the pandemic crisis in the world, the banking system of Ukraine was characterized as stress-resistant, taking into account the reforms of liquidity and recapitalization. The stability of the banking system is affected by economic pressures caused by the spread of coronavirus and lower oil prices. According to one of the world’s three reputable rating agencies, Fitch Ratings, the level of pressure on banks depends on the depth and duration of the economic downturn, specific risks to the national economy and external finances (for example, tourism revenues or remittances), national government measures and individual banks. The implementation of anti-crisis measures developed by the National Bank of Ukraine as tools to increase financial and economic security in the country as a whole, and financial institutions in terms of increasing banking risks caused by the outbreak of the COVID-19 pandemic. The spread of this infection also has negative consequences for the economy and financial system of Ukraine. Therefore, the National Bank of Ukraine has introduced a system of anti-crisis measures during quarantine in the country. The NBU covers information about events in the economy through its own website, social media pages, and the media. These measures are implemented to mitigate the impact of coronavirus disease on citizens and businesses, and to ensure the quality and smooth operation of the financial system. The banking system continues to operate, without imposing any restrictions on the operation of banks and their operations. As a result of the study, a system of measures of national support for the banking sector by the National Bank of Ukraine and the International Monetary Fund was proposed through the prism of a number of guidelines and regulatory points, which are supporting instruments rather than control and regulatory ones.

scholarly journals Government Anticipation in Tackling Crime of Money Laundering (White Collar Crime) in Indonesia

2018 ◽  
Vol 3 (1) ◽  
pp. 145-163
Author(s):  
Sunarno Edy Wibowo
Keyword(s):  
Money Laundering ◽  
Financial Institutions ◽  
Financial Services ◽  
White Collar Crime ◽  
Banking System ◽  
The State ◽  
Clearing System ◽  
The Government ◽  
The Stability ◽  
Almost All

Indonesia is currently racing with time related to the increasingly rampant criminal corruption committed by state officials who have a very significant impact also on the increase of TPPU. One of the perpetrators' efforts to avoid him from the law by hiding or obscuring his crime through money laundering takes advantage of the mechanism of financial traffic. Money laundering practices are very often committed against money earned from crime. The practice is simply a way to disguise or conceal the proceeds of a criminal offense. Money laundering is then used as a shield for the proceeds of the crime. Therefore, the existence of provisions or regulations on TPPU is very beneficial to minimize the velocity of funds from the crime. The latent danger of corruption has touched almost all levels of society, not only in relation to state organizers, power and policy, but also to the presence of private parties. Various methods have been taken to eradicate it, both preventively and repressively as well as by making changes to the method of eradication. One of the objectives of repressive action is to restore the State's losses. Corruption has resulted in heavy losses to the state's finances and undermines the stability of the national economy. The state losses in the form of assets resulting from corruption in returning it are not easy, the complexity of the settlement of criminal cases is one of the most dominant causes, not to mention the settlement of cases of corruption, especially those that have obtained permanent legal force, in relation to the spoils and payments replacement money, suspects, defendants, or convicted persons who disappeared at the time the proceedings were underway. The handling of TPPU cases has significance for the return of state assets related to the eradication of corruption. Property becomes a very fundamental object in relation to corruption and TPPU. Money laundering is always associated with property derived from a crime. The outcome of corruption is certainly related to assets or property acquired in an unauthorized and dirty manner. The prosecution of the perpetrators of corruption is not only related to the problem of his actions but also the repression of the result of his act of seizure of assets or assets of the perpetrator. Presidential Instruction Number 5 of 2004 on the Acceleration of Corruption Eradication issued by the President on December 9, 2004 to prove the seriousness of the government in criminalizing the money laundering of corruption results as well as a legal instrument that ordered law enforcement officers to immediately restore the state loss (asset recovery).1 The handling of TPPU, is a tough task for PPATK, especially to detect the occurrence of TPPU and further criminal acts. So the prevention and eradication of money laundering requires a systematic and comprehensive mechanism, which includes the detection process and legal process.2 The practice of money laundering through bank mechanisms is possible because banks are the most vulnerable financial institutions, and are subjected to the practice of Money Laundering whereby banks have a clearing system, international correspondence and a secret banking system.3 The role of the financial and government industry (PPATK) in preventing and eradicating TPPU becomes a barometer. It is based on banking and other financial services providers as front lines, in anti money laundering regimes. It is expected that financial institutions together with employees are at the forefront, in an effort to combat illegal financial activities.4

scholarly journals STABILITY OF THE NATIONAL CURRENCY AS A FACTOR IN ENSURING THE ECONOMIC SECURITY OF THE STATE

2021 ◽  
Vol 9 (2) ◽  
pp. 76-80
Author(s):  
Andrey Minakov ◽  
Elena Egorova
Keyword(s):  
Exchange Rate ◽  
Security Analysis ◽  
Economic Security ◽  
The State ◽  
National Currency ◽  
Goods And Services ◽  
Security Research ◽  
The Exchange Rate ◽  
The Stability ◽  
The Impact

At the present stage, the question of the stability of the national currency is beginning to take on particular relevance. Since its fluctuations have a certain impact on the financial market and, at the same time, on other sectors of the economy, since money itself is the only meter of the value of goods and services, the national currency becomes an important factor in the development of the national economy and its economic security. And given the current instability, the study of this issue will identify effective public policies that will be based on ensuring the country's economic security through the stability of the national currency, since without the elaboration of measures to ensure the sustainability of the national monetary unit it is impossible to achieve macroeconomic stability of the country. The main purpose of the article is to identify the impact of changes in the national currency on the economic development of the country in order to develop directions regarding the stabilization of the exchange rate, in order to minimize threats to economic security. Research methods: The work uses the dialectical-materialistic method of knowledge and general scientific, special and private-scientific methods based on it. In particular, the work uses logical, comparative, methods of analysis (namely statistical, etc.), synthesis. Results of the study: The article examines the main approaches to understanding the main factors influencing the formation of the national currency of its exchange rate, as well as the effects of changes in the exchange rate on the development of the state's economy and ensuring its economic security, analysis of statistical data of changes in the country's national currency. The conclusion is made about the existing problems and possible directions of solution. Applied value of the material: The article is of practical value as part of the search for directions to ensure the economic security of the state.

scholarly journals DEVELOPMENT OF A MECHANISM FOR MANAGING THE INCOME OF FINANCIAL AND CREDIT INSTITUTIONS IN THE CONTEXT OF ECONOMIC MODERNIZATION

2021 ◽  
Vol 80 (1) ◽  
pp. 53-58
Author(s):  
G. P. Koptayeva ◽  
◽  
M. Kanabekova ◽  
Ye. Zh. Yertayev ◽  
A. B. Orazbayeva ◽  
...  
Keyword(s):  
Financial Management ◽  
Financial Stability ◽  
Banking Sector ◽  
High Efficiency ◽  
Banking System ◽  
Economic Security ◽  
Practical Implementation ◽  
The Stability ◽  
Definition Of ◽  
Credit Institutions

The research is caused, firstly, by the need to specify the definition of financial and credit institutions as subjects of the banking sector of Kazakhstan, analyze and evaluate existing approaches to managing their stability in the strategic aspect and identify factors (possible threats and dangers) that lead to loss of financial stability, and, secondly, by the need to develop a mechanism for managing the financial profitability of financial and credit institutions, ensuring their stable position both in the short and long term. To improve the quality of financial management and ensure the profitability of financial and credit institutions, it is necessary to justify and develop a strategy for managing their financial stability. At the same time, it should be borne in mind that even with high efficiency and profitability, insufficient attention to the issues of ensuring the stability and economic security of financial and credit institutions can lead to financial difficulties for them. Taking into account the problems discussed above, the relevance of issues related to improving the stability mechanism of financial and credit institutions has significantly increased, as has the need to find a new methodological apparatus aimed at adapting and studying foreign experience and its practical implementation in the domestic banking system.

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