Innovation policy of banks in the market of banking services

Vasyl Onufriyovych Tkachuk


The article deals with the comprehensive research of theoretic & methodological aspects of innovative bank activities on the market of banking service. The authorhas substantiated the decisive role of active innovative activity to achieve the competitive advantages on the market. The banking innovations are defined. The main types of innovative policy are analyzed. The article deals with the peculiarities of bank’s innovations which  help to conduct more effective innovative politics. Classification features are analyzed critically and some information is added to them. The reasons of their occurance,  the producent of innovations, their state and duration of positive effect of implementation are taken into consideration. It has been underlined the necessity of minimization of innovative rinks on the stage of making decisions about the choice of innovative project. The internal and external factors of innovation policy are identified and it has been set the correspondenceof  its forms to a specific set of tools. The author has verified the reinforcement of governmental role in innovative policy by means of elaboration of strategy for development of financial service market.


innovation policy; banking innovation; market of banking services

Full Text:



Amosha, O. I. (2005). An innovative way of development of Ukraine: problems and solutions [Іnnovatsіyny shlah rozvitku Ukraine problem ta rіshennya]. Ekonomіst, 6, 28-34.

Analysis Competitiveness Index in Ukraine in 2013-2014 . [Analіz іndeksu konkurentospromozhnostі of Ukraine in 2013-2014 rr]. (2013). Retrieved September 15, 2013, from :

Bank without a mortgage the bank. [ Bank ne pochoqyj na bank]. (2007). Retrieved September 15, 2013, from :

Vasyurenko, O. V. (2009). Financial planning and forecasting activities of banks. Kyiv : UBS.

Geets, V. M., Semynozhenko, V. P. (2006) Innovative perspectives Ukraine [Іnnovatsіynі perspective Ukraine]. Kharkiv: Constant.

Jegoricheva, S. B. (2010). Banking innovation [Bankіvskі іnnovatsіji ]. Kyiv : Center educational literature.

The Law of Ukraine On Financial Services and State Regulation of Financial Services. (2013). Retrieved September 15, 2013, from : http://zakon2.

The Law of Ukraine On Banks and Banking Activity [Zakon Ukraine Pro banki i bankіvsku dіyalnіst]. (2013). Retrieved September 15, 2013, from : http://zakon1.

Kozmenko, S. M, Spyk, F. І., Voloshko, І. V. (2003). Strategіc management of the bank [Strategіchny management bankiv]. Sumy : University Book.

Maslova, S. O., Opalov, O. A. (2003). Financial Market [Finansovyi rinok]. Kyiv : Caravelle.

Іllyashenko, S. M. (2010). Innovative Management [Іnnovatsіyny management]. Sumy : Unіversity book .

The official website of the bank PJSC CB "PRIVATBANK" [Ofіtsіyny sajt banku PAT Privatbank ]. (2013). Retrieved September 15, 2013, from :

The official website of the bank Tinkoff Credit Systems Bank [Ofіtsіyny sajt banku Tinkoff Creditnyj Systemy]. (2013). Retrieved September 15, 2013, from :

Allen, P. H. (2002). Reengineering the bank: program for success and survival [Reinginiring banka: programma vigivanija i uspecha]. Moscow: Alpina Publisher.

Skinner, C. (2009). The future of banking: global trends and new technologies in the industry [Buduschee bankinga: myrovuje tendenciji i novije technologii v otrasli]. Minsk: Grevtsov Publisher.

Schumpeter, J. A. (1982). Theory of economic development [Teorija ekonomicheskogo razvitia]. Moscow: Progress.

Article Metrics

Metrics Loading ...

Metrics powered by PLOS ALM


  • There are currently no refbacks.

Copyright (c)


Articles are distributed under Creative Commons Attribution  International 4.0 (CC-BY-NC 4.0) 

Science Works Journal "Ekonomichnyy analiz"

ISSN 1993-0259 (Print)  ISSN 2219-4649 (Online) DOI: 10.35774/econa

© West Ukrainian National University

© «Ekonomichnyy analiz», 2007-2023