Biliaieva V. Ensuring a bank’s financial soundness by means of financial engineering

Українська версія

Thesis for the degree of Candidate of Sciences (CSc)

State registration number

0417U003771

Applicant for

Specialization

  • 08.00.08 - Гроші, фінанси і кредит

28-09-2017

Specialized Academic Board

Д 64.055.02

Simon Kuznets Kharkiv National University of Economics

Essay

The object of research: the process of ensuring bank financial soundness; the purpose of the work: the development of theoretical and methodological provisions and the development of scientific and practical recommendations for ensuring bank financial soundness by the means of financial engineering; research methods and equipment: theoretical generalization, analysis and synthesis, a priori ranking, classification, taxonomic analysis, three-syllable scaling, complete linkage method, center-of-weight method, correlation-regression analysis, analysis of intervals, single-linkage method, Ward's method, discriminant analysis, hierarchy analysis method, simulation modeling, graphical method; theoretical and partisan results: methodical provision that takes into account the specifics of a certain stage of a bank's life cycle and the peculiarities of its financial activity in the process of introducing financial innovations; the main conceptual provisions of financial soundness management of a bank, which, in contrast to the existing ones, imply using financial engineering in order to ensure the bank financial soundness; methodical provisions for identifying sources of implementation of reserves for ensuring bank financial soundness, which, unlike existing ones, are based on the definition of the impact of banking operations on the bank financial soundness; methodical approach to determining the level of bank financial soundness, the difference of which from existing ones consists in: application of the generalized indicator of financial soundness, calculated on its components; determination of the qualitative level of bank financial soundness based on built interval scales; assigning the bank to a homogeneous group by the level of its financial soundness; definition of "financial engineering", which differs from existing ones and implies allocating bank financial soundness as one of the goals for creating new financial products and services; the definition of financial engineering as an instrument, and financial innovations - as a means of ensuring bank financial soundness; the classification of financial innovations in the bank through the introduction of additional classification features: "according to the stage of the life cycle of a bank" and "on the level of financial stability of a bank"; the toolkit for evaluating the effectiveness of introduced financial innovations, whose difference from existing one is in combining the methods of analysis of cash flows and indicators of the efficiency of innovative projects, which creates conditions for assessing the future effect of introducing financial innovations into the activities of a bank and contributes to improving the quality of management decisions when choosing specific types of financial innovations; the degree of implementation: developments implemented in the practical activities of PJSC “East-Ukrainian Bank Grant”, PJSC CB «Pravex-Bank», PJSC «Ukrsotsbank»; sphere of use: management of bank financial soundness.

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