Vasylenko D. Diversification of bank investment activity

The dissertation is devoted to solution of theoretical and practical problems of bank investment portfolio formation on the basis of diversification. On the basis of analyzing of great number of scientific sources the economic content of the terms "bank investments", "investment risk", "investment diversification" has been specified and extended. The role of investment activity diversification in the context of control functions has been defined. This fact allows to evaluate the effectiveness of the process of investment portfolio formation and control in details on the whole as well as on every stage of control. The investment risks have been analyzed and expediency of insufficient diversification risk inclusion into their list has been proved. The fundamental approaches to bank diversification investment portfolio formation with taking into consideration the main criteria of instruments selection have been worked out. They allow to give prove to control strategy application and guarantee reasonable decisions taking as for allocation of funds among portfolio assets with different financial characteristics of an investment medium, its branch belonging, regional peculiarities of investments distribution and the terms of financial instrument repayment. The proposals of instruments and directions of bank investment activity diversification improvement by force of international investments, estate property objects and alternative assets inclusion into bank investment portfolio which allows to guarantee maximum risk and profitability correlation have been formulated.