Державне регулювання грошового обороту та грошового ринку в умовах воєнного стану

• Дата: 2022
• Автор: Петренко, О. П.
• Формат: Стаття
• Мова: Ukrainian
• Опубліковано: Odesa National University of Technology 2022
• Онлайн доступ: //journals.ontu.edu.ua/index.php/fie/article/view/2358
• Назва журналу: Food Industry Economics

The article evaluates the current state of the money market and money circulation in the conditionsof military state and the development of the mechanism of its state regulation. The characteristic conditionsof the functioning of the money market of Ukraine in modern military conditions have been systematized:corporate lending is gradually growing exclusively on the basis of state support; retail lending has significantly decreased, mortgage lending has stopped altogether; banks successfully coped with emerging operationalchallenges; credit risks increase significantly; the available capital stock of domestic banks significantly exceeded the established minimum levels in February; additional capital reserves to cover credit risks also contributed to an increase in the share of risks for unsecured consumer loans. The effectiveness of the maintools of the state regulation of money circulation and the money market of Ukraine in the conditions of martialstate (the results of the functioning of the banking system, currency regulation and monetary and credit pol icy) was evaluated. The conceptual provisions for the formation of the mechanism of state regulation of money circulation and the money market in the conditions of martial state have been formed, which create a h olistic view of the possibilities of restarting the national money market of Ukraine, solving the existing internalfinancial problems and its transformation in accordance with the European-oriented vector of the development of the national economy. The key tasks of such a mechanism, which are the basis of the state regulation of money circulation and the money market under martial state, have been proposed to include: 1) the  formation of a transparent policy of the National Bank of Ukraine to ensure the financial stability of the financial system in general and the money market in particular; maintaining of the necessary level of standardsand professionalism in the money market; prevention of the spread of systemic risks in the money marketand equalization of financial disparities that are characteristic of it, etc.; 2) increasing the level of capitalization of Ukrainian banks; ensuring the liquidity of domestic banking institutions; permanent balancing of assets quality; strengthening the adaptability of the money market to changes in mandatory standards andtransformation of legislation in the conditions of martial state. Such a mechanism is implemented on the basis of a complementary approach to the redistribution of strategic tasks and instruments of influence betweenthe system of state regulation by authorities and financial self-regulatory organizations.