THEORETICAL AND ORGANIZATIONAL FUNDAMENTALS OF FORMATION AND IMPLEMENTATION OF THE INVESTMENT POLICY OF THE BANK

Viktor Sydorenko

doi:10.32999/ksu2307-8030/2020-37-15

Viktor Sydorenko https://orcid.org/0000-0002-8465-9982

DOI: https://doi.org/10.32999/ksu2307-8030/2020-37-15

Keywords: investment, bank investment policy, securities, bank investment activity, bank investments

Abstract

The article is devoted to the research of theoretical principles of formation of bank investment policy. The essence of the bank's investment policy from the point of view of organizational legal, economic and strategic groups of approaches is investigated. The basic types of bank's investment policy are classified by directions and purpose of investing. The conservative, moderate and aggressive investment policy of the bank are highlighted, as well as the optimal methods of realization of the goals of the investment policy. The article outlines the main areas of investment policy, focusing on which the bank forms an investment policy by establishing the composition of investment objects, sources of income, the level of tolerable risk and approaches to investment analysis. The principles of the bank's investment policy at different stages of its development, as well as the sources of origin of resources for financing the bank's investment activity are investigated.

References

1. Bankivska sprava: Navchalnyy posibnyk (2001). [Banking: Tutorial textbook]. Ternopil: Cart-Blansh, 314 p. [in Ukrainian]
2. Blank I.A. (2006). Finansovaya strategia predpriyatiya: uchebnyy kurs [Financial strategy of the enterprise: educational course]. Kiev: Nika-Center. [in Russian].
3. Vovchak O.D. (2005). Bankivska investytsiyna diyalnist v Ukraini [Banking investment activity in Ukraine]. Lviv: LAC. [in Ukrainian]
4. Klyoba L.G. (2008). Investytsiyna polityka bankiv v umovakh rynkovoi transformatsiyi ekonomiky [Investment policy of banks in the conditionsof maket transformation of the economy]. Regional economy, no. 1, pp. 183–190. [in Ukrainian]
5. Krykliy O.A., Salo I.V. (2007). Zasady finansovogo menedzhmentu v banku: Finansovyy menedzhmentu v banku: Navchalnyy posibnyk [Principles of financial management in the bank: Financial management in the bank: Tutorial textbook]. Sumy: University Book. [in Ukrainian]
6. Lutsiv B.L., Tymkiv A.O. (2011). Investytsiyna polityka bankiv: navchalnyy posibnyk [Banks' investment policy: Tutorial textbook]. Ternopil: Ternograf. [in Ukrainian]
7. Palasevych M.B., Slyusarchyk K.M. (2018). Investytsiyna polityka bankiv: umovy ta chynnyky rozvytku: [Banks’ investment policy: conditions and factors of development]. Scientific bulletin, no. 18, pp. 235–239. [in Ukrainian]
8. Palyga Ye.M. (2000). Deyaki aspekty suchasnoi invesytsiynoi polityky promyslovykh pidpryyemstv u regioni. Sotsialno-ekonomichni doslidzhennya v perekhidnyy period. Investytsii i restrukturyzatsiya ekonomiky region [Some Aspects of the Modern Investment Policy of Industrial Enterprises in the Region. Socio-economic Studies in Transition. Investment and restructuring of the region's economy]. Annual Journal of Scientific Works of NAS of Ukraine, no. 11, p. 192. [in Ukrainian]
9. Pshyk B.I. (2005). Investytsiyne kredytuvannya: navchalnyy posibnyk [Investment of credits: Tutorial textbook]. Lviv: LBI NBU. [in Ukrainian]
10. Reverchuk S.K., Klyoba L.B., Palasevych M.B. (2007). Upravlinnya i regulyuvannya bankivskoyu investytsiynoyu diyalnistyu [Management and regulation of banking investment activities]. Lviv: Triada plus. [in Ukrainian]