Місія банків за участю держави в капіталі у відновленні економіки

Abstract

Introduction. The global pandemic crisis of 2019-2021 and the war of 2022 have exacerbated problems in the economy. In the extreme conditions of martial law, the domestic financial system demonstrated its institutional capacity, prevented a panic among creditors and kept the country's money circulation stable. In addition, millions of forced migrants were provided with the opportunity to pay in Europe with payment cards issued by Ukrainian banks in hryvnia. Problem Statement. Current risks of the global financial crisis and the role of state-owned banks in supporting the economic growth in the conditions of martial law and the post-war recovery of Ukraine's economy. Purpose. The goal is to provide proposals for neutralizing negative economic phenomena in the country and to justify changes to the development strategy of banks with the participation of the state in the capital. Methods. The research is based on the identification of patterns of the financial sector development as a whole and the banking system in particular; systemic approach - when clarifying interrelationships between its institutions; statistical comparisons and groupings, analysis and synthesis - in the process of researching monetary environment, forming and placing the resource potential of banks. Results. The main problems in the world economy and how they affect the current situation in Ukraine are considered. To a large extent, the capacity of the financial system has been achieved thanks to the market behavior of banks with the participation of the state in the capital (hereinafter - BDK), which occupy dominant positions on the market. The question of their role and place in the post-war reconstruction economy is of importance. Conclusions. It is expedient to expand the BDK network to the municipal level. In order to increase the liquidity of banks, the creation of a state company to work with negatively classified assets that were damaged as a result of military operations is justified. Changes are proposed in a number of provisions of the BDK development strategy until 2025. In order to generate a long-term credit resource, there is a need to establish a national bank for reconstruction and development through the restructuring of one of the BDKs, as well as the Company for the management of negatively classified assets to clean up the balance sheets of the BDK. The government’s investment activity is expected to increase in order to develop priority programs in the defense, energy and infrastructure sectors.