Formation of bank satellite model for credit unions in Ukraine

Vladyslav Igorovych Alekseyev


Introduction. Financial services market in Ukraine is expecting some crucial changes concerning credit unions. These changes are caused mainly by market governance transition to National Bank of Ukraine. Considering current hard and inimical pressure to credit unions цршср suffered from State Fiscal Service, the expected transformation requires drastic change of model of functioning of credit unions and their ways to provide financial services.

Purpose. Primary objective of this investigation is to offer a new model of functioning of credit unions in Ukraine while suffering from hard and inimical regulatory pressure.

Method (methodology). For the purpose of getting relevant results we have used general scientific and special methods: historical method and methods of grouping and systematization; method of scientific abstraction; methods of analysis and synthesis; induction and deduction; SWOT‑analysis; comparison method.

Results. The analysis of current state of system of credit unions in Ukraine is carried out and their position at financial services market are detrmined. The problem of an excessive regulatory pressure to credit unions is discussed. It has been offered the model of functioning of credit unions to avoid some critical problems. 


credit union; bank; financial services market; regulatory pressure; model of functioning; online-services

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Science Works Journal "Ekonomichnyy analiz"

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

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