The Systemic Banking Crisis of 2014-2015 in Ukraine: Causal Relationship
The aim of the article is to study the concept of systemic banking crisis in scientific and practical literature as well as determine the causes and consequences of systemic banking crises on the example of the Ukrainian banking system for the last two years. The definitions of “banking crisis”,...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
PH "INZHEK"
2016-02-01
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| Series: | Problemi Ekonomiki |
| Subjects: | |
| Online Access: | http://www.problecon.com/export_pdf/problems-of-economy-2016-1_0-pages-235_241.pdf |
| Summary: | The aim of the article is to study the concept of systemic banking crisis in
scientific and practical literature as well as determine the causes and consequences
of systemic banking crises on the example of the Ukrainian banking
system for the last two years. The definitions of “banking crisis”, “systemic
banking crisis” have been considered and our own vision of the theoretical
aspect of a systemic banking crisis has been suggested. The features of
systemic banking crises, in particular the crisis of 2014—2015, through the
prism of social, political, economic, micro- and macroeconomic factors have
been identified. The consequences, to which it led the Ukrainian banking system,
and its impact on the population living standards have been examined.
The dynamics of main indicators of the banking activity in Ukraine over the
last five years has been analyzed, and a few basic points, which require the
investors’ attention when choosing a bank, have been suggested. |
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| ISSN: | 2222-0712 2311-1186 |