Rudan V. The Liquidity Management of the Banking System in Ukraine

OObject is the process of existence of banking system of Ukraine under cyclical economic development. Purpose is to study theoretical principles of liquidity management of the banking system and the development of methodological and practical recommendations to improve liquidity management of the banking system of Ukraine in the context of overcoming the economic crisis and creating incentives for sustainable economic growth. Methods of analysis and synthesis; induction and deduction; analogies and comparisons; abstraction; generalization; formalization; comparative methods; statistical analysis; factor analysis; economic and mathematical. Results – are scientific substantiation of theoretical and practical principles of banking system’s liquidity management, forming conclusions and practical suggestions for improving banking system’s liquidity management on macro and micro levels. Novelty is that a theoretical concept of banking system’s liquidity management system was offered. A set of opinions issued in the form of paper based on applying process-structured management approach and combined management principles were suggests. There were shown the interconnection of features and tools of three main institutions banking system’s liquidity management, the National Bank, the Fund Individuals Deposit Guarantee and the Government; Notion of central bank’s emission capacity is grounded as its limit opportunities to increase the money supply in circulation by such use of monetary instruments in which the task of maintaining the liquidity of commercial banks by refinancing loans and other mechanisms are not in conflict with the objectives of monetary policy; Liquidity definition of the central bank and the banking system were improved; Classification of factors influencing the banking system’s liquidity based on correlation and regression analysis of the interconnection of quantitative and qualitative variables of the dynamics of free liquidity of the banking system was improved; Approaches to strategic planning of the management of the banking system’s liquidity were improved; further development are acquired definition of liquidity of commercial banks, classification of banking functions, approaches to building models liquidity management of the banking system, liquidity management policy of the commercial bank. These improvements were implemented in National Bank of Ukraine, the Association of Ukrainian Banks, Public Company CB "Kredobank", Public Joint stock commercial bank "Bank Lviv" and at Ternopil National Economic University. Sphere of activity is National Bank of Ukraine and the Association of Ukrainian Banks. Branch – Economics.