MANAGEMENT OF THE DEVELOPMENT OF THE NATIONAL BANKING SECTOR ON THE BASIS OF ENSURING THE FINANCIAL SECURITY OF BANKING INSTITUTIONS

Abstract

The article reveals the modern understanding of the essence of theconcept of "financial security of a bank" on the basis of an analytical study of existing approaches to the interpretation of the content of the financial security of an enterprise and the interpretation of the category of financial security of a bank. The main goal of the financial security of the bank as a separate banking institution and the banking sector as a whole in the financial services market has been determined. Attention is focused on the causal relationship of the occurrence and development of risk, danger and threat, determines the need for a system for creating a security system for a banking institution, which is a set of objects, subjects, principles, functions, assessment methods and a mechanism for strengthening bank security. The conditions for development, current phenomena and factors that can cause internal threats to the national banking sector as a whole and its institutions are indicated. In general, threat recognition and risk assessment to ensure sustainable development and a high level of financial security of a bankinginstitution is achieved through the implementation of functions, the use ofmethods, tools, and managerial impact on correctly defined objects andgoals. The banking system as a whole, and each bank in particular, needs to create a security system that can withstand threats, maintain liquidity and solvency, develop tools for early detection and prevention of threats, and also eliminate negative consequences. The tools for counteracting theconsequences of crisis in the banking sector are disclosed, effectivelyapplied at the level of the regulator, and, based on an analytical assessment of the state and trends of risks in the banking sector for the period banking institutions.