Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2016 | nr 3 | 89--97
Tytuł artykułu

The Situation of Bank Lending in Ukraine: Current Problems and Prospects of Recovery

Treść / Zawartość
Warianty tytułu
Języki publikacji
The article investigates the state of bank lending in Ukraine, identifies the source of the severe banking crisis, that broke out in Ukraine in 2014-2015. Additionally, it suggests recommendations for the enhancement of the role of bank lending in the process of expanded incentives for investments in order to facilitate the exit from the economy crisis towards the economic growth. Using the general scientific methods of empirical and theoretical research, the dynamics of bank lending in Ukraine in 2003-2014 was analysed and the following periods were distinguished: 2003-2007, which is the period of the rise of a strong banking system and the increase of bank lending; 2008-2009, when the crisis and post-crisis recovery processes have been attempted, and 2014-2015, which is the period of an unprecedented crisis and a wave of bank failures. The analysis revealed the following main factors constraining the lending to the economy of Ukraine in today's conditions: a slowdown in the economic growth, increasing economic and political risks of inflation and devaluation expectations, rapid fluctuations of exchange rate, a high cost and the lack of credit because of insufficient domestic resources and the mismatch of terms and conditions of bank loans with the aim to attract resources, a significant credit risk and imperfect methods of management, the lack of clear mechanisms for loan repayment applicable to insolvent borrowers, and inadequate protection of the rights of lenders and borrowers. The article substantiates that the stimulation of the lending process should be based on the following: the improvement of the investment climate in Ukraine, using stricter lending criteria, ensuring effective mechanisms for provisioning for credit risks, and the improvement of measures for the protection of rights of lenders and borrowers. The state should focus on new projects stimulating - international investments by introducing the European standards on domestic enterprises, including joint investment projects in strategic sectors; the promotion of investment projects in support of small and medium enterprises; and intensified efforts to stimulate foreign banks to open credit lines for small and medium-sized businesses to implement energy efficiency projects under the state guarantee. (original abstract)
Opis fizyczny
  • Poltava National Technical Yuri Kondratyuk University, Ukraine
  • Державна служба статистики України [The State Statistics Service of Ukraine]. Retrieved from
  • Dzyublyuk, O., & Malakhov, O. (2008). Банки і підприємства: кредитні аспекти взаємодії в умовах ринкової трансформації економіки: монографія [Banks and Businesses: Credit Aspects of Interaction in a Market Economy Transformation: monograph]. Ternopil, Ukraine: Vector.
  • Egorov, A., Karmazin, A., & Chekmareva E. (2010).Анализ и мониторинг условий банковского кредитования [Analysis and Conditions of Banking Lending]. Money and Credit, 10, 16-22.
  • Lagarde, K. (2012). The problem - the reform of the financial sector in the interests of stability and economic growth. Speech at the Annual Leaders Dialogue Organized by «Süddeutsche Zeitung». New York, June 8, 2012. Retrieved from
  • Lavrushin, O. (Ed.). (2012). Роль кредита и модернизация деятельности банков в сфере кредитования: Монография [The Role of Credit and Modernization Activities in the Sphere of Lending Banks: monograph]. Moscow, Russia: KNORUS.
  • Lavrushin, O. (Ed.). (2013). Кредитная экспансия и управление кредитом [Credit Expansion and Management of Credit]. Moscow, Russia: KNORUS.
  • Lyashenko, V. (2014). Efficiency of Bank Crediting of Real Sector of Economy in the Context of Separate Banking Groups: an Empirical Example from Ukraine. Retrieved from
  • Maevskyy, V., & Zorin, K. (2011). О некоторых особенностях функционирования денежного акселератора [About Functioning of Monetary Accelerator]. Questions of Economy, 9, 27-41.
  • Національний банк України [The National Bank of Ukraine]. Retrieved from
  • Prokopiv, I. (2013). Сучасний стан та роль банківської системи у фінансуванні реального сектору економіки [Current Status and Role of the Banking System in Financing the Real Economy]. Economy Scope, 33, 146-159.
  • Savluk, M. (2013). Банки і економіка [Banks and Economy]. Retrieved from
  • Semenoh, A. (2010). Взаємодія банківського і реального секторів економіки України: основні тенденції [Interaction Banking and Real Sectors of the Economy Ukraine: Main Trends]. Finance, Accounting, Banks, 1(16), 181-188.
  • Shiyan, D. (2009). Банківське кредитування та економічна динаміка [Bank Lending and Economic Dynamics]. Banking, 1, 27-38.
  • The Dodd-Frank Wall Street Reform and Consumer Protection Act (HR 4173), (2011). Retrieved from
  • Werner, R. (2005). New Paradigm in Macroeconomics: Solving the Riddle of Japanese Macroeconomic Performance. Basingstoke, UK; New York, USA: Palgrave Macmillan.
Typ dokumentu
Identyfikator YADDA

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.