RESEARCH ON THE IMPACT OF MODERN STATE MONETARY AND CREDIT POLICY ON THE CREDIT POTENTIAL OF BANKS IN UKRAINE
Abstract
The article explores the impact of modern state monetary and credit policy on the credit potential of banks in Ukraine. Amid economic instability, inflationary processes, and fluctuations in the exchange rate, the study analyzes the key factors shaping lending within the banking sector. The role of the central bank's discount rate, regulatory requirements, and the status of foreign exchange reserves are examined to understand their influence on the accessibility of credit for individuals and businesses. The research delves into how changes in the monetary policy framework can either stimulate or restrict lending activities, depending on the prevailing economic conditions. Additionally, the study highlights the challenges posed by a significant shadow economy, which complicates risk assessment for banks and impacts their willingness to lend. This situation necessitates a careful balancing act by policymakers to create an environment conducive to credit growth while maintaining financial stability. Furthermore, the article addresses the interconnection between external economic factors and domestic credit policy, emphasizing the need for a comprehensive approach to manage risks and leverage opportunities in a globalized financial landscape. It also proposes recommendations for optimizing monetary and credit policy to enhance the credit potential of the banking system. By focusing on specific strategies, such as improving the regulatory framework and increasing transparency, the research aims to provide actionable insights for policymakers and banking institutions. The findings of this study contribute to a deeper understanding of the dynamics between monetary policy and the banking sector's credit capacity. They underscore the importance of adaptive policy measures that can respond effectively to changing economic circumstances. Ultimately, this research serves as a foundation for further scientific developments in the field, promoting a stable financial sector that can support sustainable economic growth in Ukraine. By identifying critical areas for improvement, the article encourages ongoing dialogue among stakeholders to enhance the resilience and efficiency of the banking system, ensuring that it meets the evolving needs of the economy.
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