The dissertation is devoted to the development of theoretical foundations, the formation of scientific-and-methodological approaches and practical recommendations substantiation for the development of the system of ensuring credit institutions’ financial stability in Ukraine. It is defined the essence of the term ‘credit institution’ and systemized its attributive characteristics and distinctives from the concept of ‘financial institution’. The research of credit institutions should be held on the synergetics paradigm on the basis of the systemfunctional approach due to each the functional model of a credit institutions is presented by accumulation-redistributive, transformational, transactional and socio-economic subsystems. The relationship between the economic and social functions of credit institutions has been further substantiated. In particular it is proven that credit nstitutions’
social functions performing helps to form a resource platform for their own further development, as they provide higher quality of human capital (financial, intellectual and outlook components) and thus create prerequisites for a strong customer base creation. It is developed the theoretical base of financial stability of credit institutions, in particular, the list of meaningful characteristics of the concept of ‘financial stability’ has been expanded with the following distinctives: prognostic, countercyclical, functional and coherent character. Considering the ensuring of the credit institutions’ financial stability as a set of appropriate measures, it is substantiated that it should be based on such principles: proactiveness, prudency, adaptability, rational profitability, social and economic responsibility, current and prospective sufficiency of firmness, as well as scientific validity, complexity, continuity nd efficiency. It is proposed the complex theoretical model of the system of ensuring credit institutions’ financial stability and distinguished such components: evolutional, forming, processing and analytical. It is also grounded the value basis of this system functioning, that should be based on the implementation of the concept of sustainable development. The author has proposed the approach to the internal threats to credit institutions’ financial
stability study that is based on the consideration of internal imbalances in their activities. The latter should not be limited solely by financial imbalances in the credit institutions’ activities, as their root causes may be concentrated in organizational, managerial institutional, conceptual, personnel, informational or technical aspects of their functioning. It is defined the determinants of external preconditions for ensuring the financial stability of credit institutions and developed the indicative approaches to their assessment of financial and institutional transformations and their impact on the potential level of credit institutions’ financial stability. It is substantiated that the evaluation of external financial prerequisites of credit institutions’ financial stability should be realized by monitoring the gaps between the levels of operational efficiency and the activity of external borrowings by
economic agents of the non-financial sector. Also, the same time the components of an effective institutional environment for ensuring of credit institutions’ financial stability have been substantiated, and evaluation indicators have been formed. It is proved that the methodology of evaluation of the credit institutions’ financial stability should be based on the theory of economic potentials and imbalances. The developed potential approach to credit institutions’ financial stability estimation allows to identify its internal threats comprehensively and preventively on the base of three-stage diagnostics of imbalances in the activity of credit institutions, namely: firstly, those imbalances that arise within each individual component of to ensure financial stability (resources, facilities, abilities are meant); secondly, the imbalances that result from their inter-component interaction and reveal unadjustices between elements of such components of credit institutions’ potential as: ‘resource-ability’, ‘resource-facilities’, ‘facilitiesability’; thirdly, the consequences of the accumulated internal imbalances that manifest due to interaction with the business environment.
