Vovchenko O. Financial stability of banks in a dynamic macroeconomic environment

In thesis the theoretical and methodical bases are investigated and the practical recommendations concerning maintenance of financial stability of banks in the conditions of the dynamic macroeconomic environment are substantiated. The economic essence of the bank's financial stability has been clarified. The relationship between the concepts of "financial stability" and "financial soundness" of the bank is defined. The interdependence and interrelation of a set of macroeconomic factors influencing the financial stability of banks are substantiated. The organizational and economic mechanism for ensuring the financial stability of banks has been improved by allocating conceptual and process blocks in it. The general and specific principles of its functioning are singled out. A comparative analysis of the requirements for the bank's risk management system was conducted. The determinants of effective methodological tools for the state of financial stability of a banking institution are determined. The economic environment of banks was monitored by the method of quantitative comprehensive assessment. The financial stability of systemically important banks of Ukraine was assessed on the basis of the calculation of the probability of financial crisis. The impact of macroeconomic environment factors on the financial stability of banks using correlation and regression analysis by applying a differentiated approach to justify a set of the most significant macroeconomic factors given the operational characteristics of a particular group of banks. In terms of ensuring the financial stability of the bank, the determinants of the transformation of its risk management system are highlighted and the sequence of transformation of the risk management system is substantiated. A conceptual model of bank risk culture formation in terms of formative, evolutionary and process components has been developed. The evolution of the formation of risk culture of the bank in the context of 4 stages is formed. The tools for maintaining the financial stability of banks through the introduction of assessment of employees' actions in the field of risk management are proposed. The semantic features of the concept of "significant bank risk" are singled out. The classification of types of significant risks of the bank is substantiated. The scientific approach to identifying the materiality of the bank's risks has been improved. Requirements to separate stages of identification of materiality of risks of banks are defined. A logical-process scheme of the relationship between the identification of significant risks of the bank and its financial stability has been developed. The scientific and methodological approach to assessing the financial stability of the bank is substantiated. The directions of increase of financial stability of banks of Ukraine at the level of the regulator and at the level of bank are offered. Key words: financial stability, bank, macroeconomic environment, factors, mechanism of ensuring financial stability of the bank, assessment of financial stability of the bank, risk management system, risk culture, significant risks.