Published : 2022-04-14

Ensuring the Stability of the Financial System in Ukraine During the War

Bogdan Pshik



Roman Oleynyuk

https://orcid.org/0000-0001-5299-3583

Abstract

The aim of this article is to present the financial situation in Ukraine during the on-going war with Russia and present the efforts undertaken by Ukrainian officials to ensure the stability of the financial system in extreme circumstances. The author describes the decisions of Ukraine’s National Bank which aim to curb inflation as well as ensure the stability of the national currency (hryvna) and the banking system. Sources of financial help for Ukraine, both internal and international, are also considered. The article also touches upon the challenges facing Ukraine in terms of financial, social and political recovery after the war ends. The article includes materials of the National Bank of Ukraine, the Ministry of Finance of Ukraine, the The Ministry of Social Policy of Ukraine and the State Statistics Service of Ukraine.

Keywords:

financial system, financial stability, financial institutions, financial markets, central bank

JEL Codes

C23, E52, E58, G01, H30


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Pshik, B., & Oleynyuk, R. (2022). Ensuring the Stability of the Financial System in Ukraine During the War. Safe Bank, 86(1), 65–79. https://doi.org/10.26354/bb.4.1.86.2022

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