Kretov D. The market of bank corporate credit in conditions of economic cycles.

The dissertation contains a comprehensive research of economic cyclicality impact on the corporate loan market development. Disclosed the economic essence of the concepts "banking corporate credit market", "credit cycle", "credit targeting". Proved that the modern corporate loan market is one of the banking market segments and it is a much more complex system of credit relations. The research proposes to define the banking corporate loan market as a segment of the credit market, the peculiarity of which is the organization of economic relations between banks and enterprises of the economic corporate sector in the sale and purchase of credit resources, which contributes to the implementation of strategic objectives for the development of various economic sectors. Determined the features of functioning of corporate bank credit market are under the influence of economic cycles in the current conditions of development of the economy of Ukraine. Substantiated that economic, financial and credit cycles in the conditions of financial globalization are interconnected, and the cyclicality of the real and banking sectors of the economy functions is in synchrony with the direct proportional dynamics of fluctuations. Analyzed the influence of financial globalization and the recent global economic crisis on the corporate lending of traditional and Islamic banking models. Evaluated the results of functioning of the bank corporate sector credit market of the Ukrainian economy. Determined its regional concentration and level of competitiveness. Suggested the scientific-methodical approach to the implementation of the general TAR-modeling algorithm for the analysis of the Ukrainian corporate lending market in cyclical conditions, which allows banks to improve the quality of forecasting of processes taking place in the Ukrainian corporate lending market. In the research, a cluster analysis was conducted to determine the groups of Ukrainian banks, depending on the quality and relative density of corporate loan portfolios in the credit market. The distribution of banks was based on the following indicators: the volume of loans extended to the corporate sector, the share of the bank in the credit market, the volume of reserves for loans extended to the corporate sector, and the level of credit risk. Developed methodology for forming a conceptual model of credit risk management based on cyclicality, implementation of which will facilitate the development of countercyclical credit policies by banks and ensure differentiation of credit risk management methods depending on the phases of economic and credit cycles. The use by banks of the proposed approaches to corporate lending management and credit risk, taking into account the effect of cyclicality, will help to minimize the damage from possible implementation of risk and the effective solution of development problems.