Information on the thesis

The  thesis  researches  theoretical  and  methodological  fundamentals  of  state
regulation of foreign banking, identifies the essence of foreign banking, its characteristic
features and peculiarities. It is traced that foreign banking performs an organizational and
operative,  fiduciary,  security,  administration  and  managerial,  stimulating,  target,
integration,  informational,  adjustment  as  well  as  social  and  economic  functions.
Organizational structural forms and types of banks with foreign capital are characterized
as well as goals set by foreign investors in entering the markets of foreign countries and
the targets of national bank owners willing to involve foreign capital are characterized.
The  content  of  the  notion  of  state  regulation  of  foreign  banking  and  the
methodology of its study are set out. Application of the systemic approach has enabled to
clarify the components of the state system of foreign banking regulation. It is established
that  regulating  authorities  (on  the  state  and  suprastate  levels)  are  the  subjects  of  state
regulation  of  foreign  banking,  while  international  financial  and  banking  groups  are  its
objects,  along  with  foreign  investors  with  the  engagement  of  which  banks  with  foreign
capital, branches and representative offices of foreign banks are set up. The functions of
state  regulation  of  foreign  banking  are  substantiated,  and  they  are  grouped  into
methodological, organizational and management as well as social and economic ones. The
main  characteristics  and  types  of  state  regulation  of  foreign  banking,  the  essence  and   41
structure  of  the  mechanism  of  state  regulation  of  foreign  banking  are  identified.  It  is
stressed  that  effective  implementation  of  the  mechanism  of  state  regulation  of  foreign
banking  depends  on  compliance  with  the  general  and  specific  principles.  Institutional
models  of  foreign  banking  regulation  are  analyzed,  and  the  algorithm  of  interaction  of
regulating authorities in the process is built up.
The characteristics of the current condition are set out, and periodization of foreign
banking  development  in  Ukraine  is  substantiated,  advantages  and  disadvantages  of
opening the branches of foreign banks in Ukraine are assessed. It is established that the
key  factors  of  trust  in  banks  are  their  ownership  structure  and  effective  activities.  It  is
clarified  that  banks  with  foreign  capital  in  Ukraine  are  less  affected  by  financial  and
economic  crises and  are  more  effective  in their activity  over those periods.  The rate of
concentration of banks with foreign capital in Ukraine is calculated, and special features of
their regional development are pointed out. It is established that banks with foreign capital
have no monopoly status in the Ukrainian banking market.
The mechanism and problems of state regulation of foreign banking in Ukraine are
highlighted.  The  structure  of  the  draft  legislative  act  aimed  to  regulate  the  issues  of
establishment,  activity  and  leaving  Ukrainian  banking  market  for  foreign  banks  is
developed. Scientific approaches to determining the functional role of the central bank in
the  mechanism  of  state  regulation  of  foreign  banking  are  applied.  The  norm-making,
registration,  restrictive,  operational,  structuring,  supervisory,  advisory,  informative
functions of the central bank of the country in foreign banking regulation are pointed out.
The mechanism of tax regulation of foreign banking is covered, and recommendations are
provided on how to simulate foreign banking using various taxation schemes for banks
with  foreign  capital  in  Ukraine.  The  specificity  of  competitive  regulation  of  foreign
banking  in  Ukraine  and  the  directions  of  antimonopoly  legislation  improvement  are
outlined.  Adoption  of  regulatory  legal  acts  aimed  to  regulate  the  issues  of  preventing
monopolization  and  unfair  competition  by  foreign  investors  in  the  Ukrainian  banking
system is recommended.
The  impact  of  foreign  banking  on  the  financial  and  economic  state  security  is
evaluated through correlation and regression analysis, forecast of the main indicators of
the  Ukrainian  economic  development  under  the  influence  of  activation  of  foreign  bank
capitals is made. On the basis of a survey of different groups of respondents the level of
trust  in  banks  with  foreign  capital  is  identified.  SWOT-analysis  of  the  foreign  banking
development  is  performed,  and  the  optimal  strategy  for  foreign  banks’  entering  the
Ukrainian  banking  market  is  elaborated.  Conceptual  principles  of  mid-term  state
regulation of foreign banking are developed.
Key words: foreign banking, state regulation of foreign banking, foreign bank, bank
with  foreign  capital,  branch  of  a  foreign  bank,  representative  office  of  a  foreign  bank,
bank’s ownership structure, legal regulation, tax regulation, competitive regulation.