Anti-crisis management in the system for ensuring the financial security of banks

Azarenkov Serhii
PhD Student of the Department of Banking, Odesa National University of Economics, Odesa, Ukraine, E-mail:serdgzhio@gmail.com, ORCID ID: https://orcid.org/0000-0002-1159-8699

Cite this article:

Azarenkov S. (2024) Anti-crisis management in the system for ensuring the financial security of banks. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Antykryzove upravlinnia v systemi zabezpechennia finansovoi bezpeky bankiv; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odesa National Economic University (ISSN 2313-4569), Odesa National Economics University, Odesa, No. 3-4 (316-317), pp. 30-40.

Abstract

The article highlights the theoretical and practical foundations of anti-crisis management and its place in ensuring the financial security of banks. The purpose of the article is to determine the main vectors of anti-crisis management of monetary regulatory bodies and methodological recommendations for evaluating the effectiveness of anti-crisis management of banks in ensuring their financial security. The methods of analysis, synthesis, generalization, calculation-analytical, graphic methods, coefficient analysis and systematic approach were used during the scientific research. A critical analysis of scientific publications on the concept of "anti-crisis management" and "financial security" in banks proved that the main goal of these systems is to overcome crisis phenomena that can occur both at the micro and macro levels. It has been proven that anti-crisis management is aimed at coordinating the processes of overcoming the risks of banking activities, which ultimately solve the issue of neutralizing threats to the financial security of banks. The main anti-crisis management tools used by the monetary authorities are analyzed. A system of indicators is proposed, with the help of which it is expedient to identify the depth of the crisis. On the basis of the conducted research, conclusions were formed and concrete proposals were substantiated regarding the improvement of the system of preventive measures to prevent the occurrence of a crisis. It is justified that ensuring stability and maintaining a sufficient level of liquidity in banks is possible by establishing control over the quality and structure of bank assets; a comprehensive assessment of the financial condition and stress resistance of banks; detailed screening of solvency and business reputation of potential borrowers; development of an adequate policy and strategy for supervision and development of the banking system; creating a rational structure of the resource base and maintaining a high business reputation of banks.

Keywords

anti-crisis management, financial security, banks, National Bank of Ukraine, instruments.

JEL classification: Е520; Е580; F350; DOI: https://doi.org/10.32680/2409-9260-2024-3-4-316-317-30-40

UD classification: 336.71:[338.24:005.334]

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