Current trends of functioning of the interbank lending market in Ukraine

Abstract

Introduction. The study of interbank lending market in Ukraine needs special attention in the present conditions of crisis processes, unstable economic development, devaluation of the national currency, rising inflation effects, reduction of deposits and emergence of the vast majority of banks with solvency problems. In such circumstances, the interbank market is becoming increasingly important, because interbank loans respond as quickly as possible to changing market conditions. They arealso an operative source of additional funds for banks. In this regard, the article considers current trends and problems of the interbank lending market in Ukraine. The structural elements of the interbank credit market at the present stage of economic development are analyzed.

Purpose. The aim of the research is to study the structure of interbank credit market of Ukraine, to analyze current trends and contradictions of development processes in crisis and to offer ways to improve the efficient operation of the interbank lending market.

The method (methodology). The study has been conducted with the help of scientific methods of analysis, such as methods of induction, method of deduction, method of scientific analysis, method of comparison and complexity, and methods of economic and statistical analysis (comparison, tabular, graphical and methods of consolidation effects).

Results. The innovative techniques that could facilitate the development of domestic market of interbank lending and operational attraction of t additional funds in case of problems with solvency are proposed in this article.