Statistical analysis of activity of insurance companies of Ukraine by cluster analysis tools

Artym-Drohomyretska, Z.; Harmatiy, Nataliya; Krytska, L.; Harmatii, Serhii

doi:10.33108/galicianvisnyk_tntu2022.01.007

Cited by 4 publications

(1 citation statement)

References 2 publications

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“…"Alfa Strahuvannya," and "Uniqa," managed to maintain their positions in the insurance market throughout the crisis period from 2019 to 2021. Moreover, these companies were able to improve their financial results due to the ongoing relevance of insurance services (Artym-Drohomyretska et al, 2022).…”

Section: Source: Built By the Author According To The National Bank O...mentioning

confidence: 99%

Funcionamiento eficaz de los actores del mercado de servicios financieros en el contexto del desarrollo sostenible del sistema financiero de Ucrania

Tretiak,

Murashko,

Demchenko

et al. 2023

Rev. Elect. Invest. Ciencias Econ.

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Este artículo tiene como objetivo investigar las especificidades del funcionamiento efectivo de los participantes del mercado de servicios financieros en el contexto del desarrollo sostenible del sistema financiero ucraniano. Metodología. El estudio se lleva a cabo utilizando un enfoque sistemático y métodos analíticos, incluido el análisis legal de los cambios legislativos y el análisis comparativo, para examinar la eficiencia de los participantes del mercado de servicios financieros en el contexto del desarrollo sostenible en el sistema financiero ucraniano. Específicamente, se realiza un análisis sistemático de las actividades de los participantes clave en el ecosistema financiero de Ucrania, a saber, bancos, compañías de seguros, cooperativas de crédito, compañías financieras y casas de empeño. Los resultados revelan un aumento notable en la magnitud de las actividades realizadas por los principales participantes en el mercado financiero, como lo demuestra el crecimiento de sus activos, pasivos, rendimientos y rentabilidad. Al mismo tiempo, ha habido una reducción en el número de bancos, compañías financieras, compañías de seguros, uniones de crédito y casas de empeño. Esta tendencia puede atribuirse a la implementación de requisitos regulatorios más estrictos y ajustes en los principios, enfoques y herramientas de la regulación macroprudencial, que han sido fundamentales para mantener la estabilidad financiera en el contexto ucraniano. Un examen de la dinámica de los indicadores de estabilidad financiera en Ucrania demuestra que la suficiencia de capital de los bancos se mantuvo estable en 17,6 % durante el período que va de 2010 a 2022. Sin embargo, en tiempos de crisis, el nivel de estabilidad financiera en Ucrania experimenta una disminución, marcada por mayores riesgos de cumplir con las obligaciones, una disminución en el índice de capital ponderado por riesgo (RWA) de nivel 1 y un aumento en la proporción de préstamos en mora. El análisis reveló una concentración sustancial de préstamos morosos (NPL) en bancos estatales, que representan aproximadamente el 75% del total de NPL. Además, existe una notable concentración de préstamos en el sector privado, con un promedio de 69% observado de 2010 a 2022. La rentabilidad del sector financiero ha mostrado una tendencia al alza desde 2018, con crecimientos particularmente notables en 2019 y 2021. El nivel de liquidez sirve como indicador de la capacidad del sector de depósitos para resistir las fluctuaciones en los balances de los proveedores de servicios financieros. La posición abierta neta en Ucrania significa una exposición significativa de las empresas financieras a los riesgos cambiarios, particularmente durante tiempos de crisis, lo que indica un alto grado de vulnerabilidad a las fluctuaciones cambiarias. La importancia práctica de este artículo reside en la evaluación empírica de la eficacia mostrada por los participantes del mercado de servicios financieros en Ucrania. Esta evaluación se realiza en el marco de la implementación de una estrategia destinada a fomentar el desarrollo del ecosistema financiero para apoyar el crecimiento económico sostenible.

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Section: Source: Built By the Author According To The National Bank O...mentioning

confidence: 99%

Funcionamiento eficaz de los actores del mercado de servicios financieros en el contexto del desarrollo sostenible del sistema financiero de Ucrania

Tretiak,

Murashko,

Demchenko

et al. 2023

Rev. Elect. Invest. Ciencias Econ.

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Simulation of the development of the financial structures of the national economy using modern tools of economic and mathematical modeling under risk conditions

Spivak,

Harmatiy,

Serhii

2024

Galician economic journal

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The activity of banking structures of the national economy is an extremely important sector and an indicator of the dynamics of the development of financial institutions, and in conditions of uncertainty and external threats and risks, it is also a tool for maintaining the stability of the activity of all other branches of the national economy. In the conditions of risks in which the national banks of Ukraine are currently working, overcoming modern challenges and problems of activity, they need scientific research based on the interaction of practical and scientific directions of improvement and implementation of European and world innovative developments. The challenges faced by financial institutions in the conditions of martial law in Ukraine, namely: hacker attacks on banking institutions, securing private information regarding the client base and internal aspects of the banking institution's activities, require, in our opinion, the introduction of a wider spectrum of digitalization of the financial activities of the banking sector of the national economy, and the introduction of modern scientific research tools, which, in our opinion, include the method of cluster analysis of economic entities. In the context of the European integration processes of all branches of the national economy, the integration of the banking sector into the European common space is an extremely urgent task for Ukrainian management and scientists. Since in today's conditions of risks, funding and support for the development of branches of the national economy from European and world foundations is exactly what is supported by Banking sector of the economy, therefore its dynamic development. In the context of the maximization and digitization of all processes, it is an extremely urgent task for specialists in the banking sector and leading Ukrainian scientists. Therefore, the use of modern tools based on economic-mathematical modeling, namely cluster analysis for conducting and identifying the main clusters in the banking sector of the national economy, will allow investors, European foundations that finance various programs. To promote the dynamic development of economic sectors, as well as socioeconomic support of the population of Ukraine. The introduction of new digital technologies into the banking sector of the national economy will help to expand the range of banking and financial services, as well as virtually online access to all banking operations for bank customers, which in turn will strengthen the financial assets of national banks and provide generally dynamic development of this sector of the economy.

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Modeling of the Ukraine’s public organizations activities using the cluster analysis method

Harmatiy¹,

Parushevskii²,

Harmatii³

2022

SEPìD

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It is stated in the article that in the modern realities of the national economy functioning and social aspects of people's lives, the research of the public organizations activities in Ukraine is an urgent issue in the scientific, socio-economic and political spheres. It is established that a surge in the creation of such organizations was observed after 2014, when a military confrontation with the russian aggressor began in the East of our state, and it was public organizations and volunteer groups that managed to effectively and quickly provide the military and territorial defense groups of our state with the most necessary items required. The important and invaluable activity of such organizations is aimed at preserving the life and health of the human potential of our country. It is stated that the decisive factor in the victory of Ukraine and the restoration and dynamic development of the national economy is the human resource, because it is the factor of “people’s orientation” that must be taken into account when planning the macroeconomic, production and social aspects of the national economy and the political system of our state. The activities of public organizations through the lens of financial flows that these institutions operate are studied in the article. When making calculations, modern economic and mathematical modeling tools based on cluster analysis are used. The main clusters of public organizations are determined based on the analysis of their financial flows. The relevance of the study of the activities of public organizations of Ukraine and the use of modern modeling tools based on cluster analysis is proven. It is substantiated that the implementation of calculations in the Matlab software makes it possible to expand scientific research on topics that are relevant in today’s conditions.

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Statistical analysis of activity of insurance companies of Ukraine by cluster analysis tools

Cited by 4 publications

References 2 publications

Funcionamiento eficaz de los actores del mercado de servicios financieros en el contexto del desarrollo sostenible del sistema financiero de Ucrania

Funcionamiento eficaz de los actores del mercado de servicios financieros en el contexto del desarrollo sostenible del sistema financiero de Ucrania

Simulation of the development of the financial structures of the national economy using modern tools of economic and mathematical modeling under risk conditions

Modeling of the Ukraine’s public organizations activities using the cluster analysis method

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