Medvid T. Financial innovations in international banksng in the context of globalization

Such moments were developed in the work as methodological basis of banking innovative component evolution for enhancing its competitiveness and regulation of the above mentioned component. An object, entities and main functions of financial engineering as one of the modern financial science were studied. Also, it was developed the system of financial engineering. The role of financial innovations for bank's integral competitive position was analyzed and it was offered to hold the assessment of bank's financial innovation effect. The current regulation of innovative component in banking was studied and on its basis there were worked out scientific approaches for financial engineering instruments' implementing by the National Bank of Ukraine.