ОСОБЛИВОСТІ ФУНКЦІОНУВАННЯ НЕБАНКІВСЬКИХ ФІНАНСОВИХ УСТАНОВ В УМОВАХ ВОЄННОГО СТАНУ

Abstract

The article examines modern aspects of the development of an important component of the financial sector – non-bank financial institutions in Ukraine. The impact of the financial and economic crisis, caused by the russian invasion, on the activities of insurance companies, credit unions, pawnshops and other non-bank financial institutions was studied. It was determined that the financial sector, as one of the key units of the country's economy, was one of the first to undergo the introduction of a number of changes. If the liquidity of the banking sector is not doubt, then non-banking financial institutions were less ready for the challenges of war. It was determined that the impact of the war on the activities of various non-banking financial institutions was heterogeneous and had its own characteristics. It is noted that the NBU has eased regulatory restrictions for the period of martial law. In general, the functioning of non-banking financial institutions is accompanied by problems with operational activities and business. The war caused a significant decrease in the cash flows of non-bank financial institutions. If at the beginning of the war non-bank financial institutions practically suspended their activities, then starting from the second quarter of 2022 they resumed their activities. It was found that individual financial companies, despite all the negative aspects associated with the aggression of the russian federation, demonstrated a profit, which provided although not significant, but a positive financial result for the sector as a whole. Currently, the war continues, and it is difficult to make clear forecasts of the functioning of the non-banking sector of Ukraine. Accordingly, the stable activity of the financial sector as a whole and its non-banking sector in particular is one of the priority tasks of the government.