Risk management in the strategic planning of the banking organizations activities under force majeure conditions

Abstract

Methods. The methods used as the methodological basis of the study were: logical – when describing the cause-and-effect relationships between the economic activity of banking institutions and the level of riskiness of their operations, general and specific – when assessing the influence of the dynamics of macroeconomic characteristics of the development of the national economy on the functioning of banking organizations; analysis and synthesis – in the study of the main sources of risk for financial and credit organizations and the development of recommendations for the use of banking services market tools aimed at increasing the attractiveness of savings in the short- and medium-term perspective. Results. The influence of the military economy on the state of banking sector organizations is considered. The dynamics of the volume of banking assets and the number of banking organizations, as well as the volume and structure of loans granted to legal entities have been analyzed taking into account the types of enterprises. A description of the management mechanism to apply the possibilities of the refinancing system is given, as well as the sale of so-called «war bonds» to help banking organizations attract client funds. Novelty. Directions for adjusting the strategic development plans of banking organizations are proposed, which will allow to minimize the risks of conducting business operations under conditions of force majeure. A list of tools (mortgage financing, interest rate increase, opportunities to invest one's own savings in securities) is proposed, which should help to increase the deposit base of individuals and legal entities. Practical value. Recommendations for top managers have been developed, which relate to the use of banking market tools to stabilize the financial condition of banking organizations and minimize risks from their business activities.