THE BANKING SYSTEM OF UKRAINE IN WARTIME
This article aims to assess changes in the banking system of Ukraine in 2022 under martial law (at the macro level) and the vulnerability of banks to financial stress (at the micro level). The proposed method uses cluster analysis of the main ratios for banking stability based on the agglomerative h...
| Main Author: | |
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| Format: | Article |
| Language: | English |
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Rzeszow University of Technology
2023-09-01
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| Series: | Humanities and Social Sciences |
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| Online Access: | https://journals.prz.edu.pl/hss/article/view/1464 |
| _version_ | 1827795029920317440 |
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| author | Igor KRAVCHUK |
| author_facet | Igor KRAVCHUK |
| author_sort | Igor KRAVCHUK |
| collection | DOAJ |
| description | This article aims to assess changes in the banking system of Ukraine in 2022 under martial law (at the macro level) and the vulnerability of banks to financial stress (at the micro level). The proposed method uses cluster analysis of the main ratios for banking stability based on the agglomerative hierarchical clustering algorithm.The analysis of changes at the macro level under martial law shows that anti-stress measures ensured that a significant negative stress reaction was avoided. The analysis of the vulnerability of banks to financial stress shows that a significant number of banks had problems with funding and turned to the Central Bank, but by the end of the year, the funding market had stabilized. The worst situation concerned non-performing loans, but most of those are covered by reserves. Changes in legislation in Ukraine under martial law provided almost 100% coverage of household deposits in banking institutions. |
| first_indexed | 2024-03-11T18:42:24Z |
| format | Article |
| id | doaj.art-1d6b737258ca4552a25fbc210b25e2aa |
| institution | Directory Open Access Journal |
| issn | 2300-5327 2300-9918 |
| language | English |
| last_indexed | 2024-03-11T18:42:24Z |
| publishDate | 2023-09-01 |
| publisher | Rzeszow University of Technology |
| record_format | Article |
| series | Humanities and Social Sciences |
| spelling | doaj.art-1d6b737258ca4552a25fbc210b25e2aa2023-10-12T07:56:52ZengRzeszow University of TechnologyHumanities and Social Sciences2300-53272300-99182023-09-01303374710.7862/rz.2023.hss.251464THE BANKING SYSTEM OF UKRAINE IN WARTIMEIgor KRAVCHUK0Bydgoszcz University of Science and TechnologyThis article aims to assess changes in the banking system of Ukraine in 2022 under martial law (at the macro level) and the vulnerability of banks to financial stress (at the micro level). The proposed method uses cluster analysis of the main ratios for banking stability based on the agglomerative hierarchical clustering algorithm.The analysis of changes at the macro level under martial law shows that anti-stress measures ensured that a significant negative stress reaction was avoided. The analysis of the vulnerability of banks to financial stress shows that a significant number of banks had problems with funding and turned to the Central Bank, but by the end of the year, the funding market had stabilized. The worst situation concerned non-performing loans, but most of those are covered by reserves. Changes in legislation in Ukraine under martial law provided almost 100% coverage of household deposits in banking institutions.https://journals.prz.edu.pl/hss/article/view/1464bankliabilities managementmartial lawnon-performing loansfundingdeposit guarantee fund |
| spellingShingle | Igor KRAVCHUK THE BANKING SYSTEM OF UKRAINE IN WARTIME Humanities and Social Sciences bank liabilities management martial law non-performing loans funding deposit guarantee fund |
| title | THE BANKING SYSTEM OF UKRAINE IN WARTIME |
| title_full | THE BANKING SYSTEM OF UKRAINE IN WARTIME |
| title_fullStr | THE BANKING SYSTEM OF UKRAINE IN WARTIME |
| title_full_unstemmed | THE BANKING SYSTEM OF UKRAINE IN WARTIME |
| title_short | THE BANKING SYSTEM OF UKRAINE IN WARTIME |
| title_sort | banking system of ukraine in wartime |
| topic | bank liabilities management martial law non-performing loans funding deposit guarantee fund |
| url | https://journals.prz.edu.pl/hss/article/view/1464 |
| work_keys_str_mv | AT igorkravchuk thebankingsystemofukraineinwartime AT igorkravchuk bankingsystemofukraineinwartime |