Analysis of changing bank services in globalization process of financial business

The process of economic development of every country is closely connected with the functioning of effective infrastructure of financial market, in the carter of which is a bank system. The success of market relations, the provision of intensive economic growth, the increasing country’s competitivene...

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Main Author: A.Mumi
Format: Article
Language:English
Published: Zhytomyr Polytechnic State University 2017-12-01
Series:Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу
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Online Access:http://pbo.ztu.edu.ua/article/view/122299/117578
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author A.Mumi
author_facet A.Mumi
author_sort A.Mumi
collection DOAJ
description The process of economic development of every country is closely connected with the functioning of effective infrastructure of financial market, in the carter of which is a bank system. The success of market relations, the provision of intensive economic growth, the increasing country’s competitiveness at the world market and the growth of population well-being are determined by the fact of how much effectively banks are able to act at different segments of bank services. The innovations in the bank field are closely connected with the innovations in the global and world financial sector. The issues about the influence of globalization on bank activities, the development of market of bank services, empirical researches are of great interest nowadays. Special attention is paid to the Ukrainian market of bank services. The analysis of the current state of the bank sector of the Ukrainian economy gives an opportunity to disclose some problems in the bank sphere as: political and financial instability in the country, the low quality of bank assets, the decrease of liquidity of bank assets, the low credit to the bank system among population, unstable legal framework in the state, the high level of vulnerability of the bank system to the country’s currency policy conducted by NBU.
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publisher Zhytomyr Polytechnic State University
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series Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу
spelling doaj-art-8847e4bd5d3448ab8f10a41cf1adbd072025-08-20T02:56:43ZengZhytomyr Polytechnic State UniversityПроблеми теорії та методології бухгалтерського обліку, контролю і аналізу1994-17491994-17492017-12-01338949810.26642/pbo-2017-3(38)-94-98Analysis of changing bank services in globalization process of financial business A.Mumi The process of economic development of every country is closely connected with the functioning of effective infrastructure of financial market, in the carter of which is a bank system. The success of market relations, the provision of intensive economic growth, the increasing country’s competitiveness at the world market and the growth of population well-being are determined by the fact of how much effectively banks are able to act at different segments of bank services. The innovations in the bank field are closely connected with the innovations in the global and world financial sector. The issues about the influence of globalization on bank activities, the development of market of bank services, empirical researches are of great interest nowadays. Special attention is paid to the Ukrainian market of bank services. The analysis of the current state of the bank sector of the Ukrainian economy gives an opportunity to disclose some problems in the bank sphere as: political and financial instability in the country, the low quality of bank assets, the decrease of liquidity of bank assets, the low credit to the bank system among population, unstable legal framework in the state, the high level of vulnerability of the bank system to the country’s currency policy conducted by NBU.http://pbo.ztu.edu.ua/article/view/122299/117578globalizationbank servicesfinancial business
spellingShingle A.Mumi
Analysis of changing bank services in globalization process of financial business
Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу
globalization
bank services
financial business
title Analysis of changing bank services in globalization process of financial business
title_full Analysis of changing bank services in globalization process of financial business
title_fullStr Analysis of changing bank services in globalization process of financial business
title_full_unstemmed Analysis of changing bank services in globalization process of financial business
title_short Analysis of changing bank services in globalization process of financial business
title_sort analysis of changing bank services in globalization process of financial business
topic globalization
bank services
financial business
url http://pbo.ztu.edu.ua/article/view/122299/117578
work_keys_str_mv AT amumi analysisofchangingbankservicesinglobalizationprocessoffinancialbusiness