THE IMPACT OF THE COVID 19 GLOBAL PANDEMIC ON THE FINANCIAL CONDITION OF BANKS IN UKRAINE: DETERMINATION OF PROBABILITY OF DEFAULT IN MODERN CONDITIONS

Keywords: financial condition, global pandemic COVID 19, probability of default, diagnosis, financial profile of the bank

Abstract

This article analyzes the current financial condition of Ukrainian banks, identifies the quantitative impact of the global pandemic COVID 19 on the overall level of financial condition of a particular bank; a simplified algorithm for determining the probability of default of a particular bank in practice is presented. It is emphasized that the quality of bank management, the level of its financial condition can be given only in the context of comparing its financial profile with other banks in the banking sector.

The COVID-19 injection was brought to the financial stand of banks. After an hour of lockdowns and coronavirus cases, it is possible to prevent an increase in bank default rates, it is possible to promote a very clean penny rate (NCF) on the application. Rip out the indicators of banks until the ear of COVID-19, try to get out, but for a large bank market, the stench will not be enough for a short amount of money.

The dynamics of income indicators, as the bull was analyzed by the nobility, encouraged the BKG matrix to bring the matrix to the bottom, so that it could reach the bottom of the market of quiet banks, as there might be lack of indicators of profitability and to achieve the bottom line.

It is clear from the analysis that the banking sector sees two groups of banks: the first group I’ll make a pre-crisis assessment of the BCA - “ca”, my friend - the insha group of banks, as I’m able to assess the financial statements “caa2” Do not be astonished at an increase in bank defaults in advance of the COVID-19 pandemic, or an increase in negative flows (NCF), in an increase in negative flows (NCF), so that the banking sector is overwhelmed in the minds of a recession of the end of the forecast.

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Author Biographies

Vitalii Nitsenko , SCIRE Foundation

Doctor of Economics, Professor SCIRE Foundation

Roman Sementsov, Piraeus Bank Ukraine

Candidate of Economic Sciences, Senior Economist

References

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Published
2021-11-30
Section
Economic and mathematical methods and models of financial development