AUB supports the main provisions of the Message of the President of Ukraine

April 19, 2011 at the National Institute of Strategic Studies under the President of Ukraine held a round table on the theme: "The Ukrainian economy: the modernization strategy for the post-crisis period." During the round table "discussion of the Message of the President of Ukraine Parliament, delivered on April 7 in 2011. in terms of the basic principles of socio-economic policy and the modernization of the national economy after the crisis period, the situation in economic and strategic priorities of socio-economic policies. The round table was attended by representatives of public authorities, scientific and expert institutions, politicians and public figures. During the "round table" AUB President Alexander Sugonyako noted that the Association of Ukrainian banks as a whole supports the position of the Message of the President of Ukraine as a strategic tool for correcting errors in the regulation of the banking sector, made before the crisis. Sugonyako stressed that in the President reflected the main proposals for the resumption of the post-crisis period, the banking system on the Ukrainian economy, outlined in a research note AUB, which was developed and sent to the President of Ukraine in the autumn of 2010. In particular, the need dedolarizatsii Ukrainian economy and reduce foreign exchange risks for Ukrainian borrowers, the internal market of long-term investment of resources, including through the citizens' savings, the optimization of the banks with foreign capital in order to fulfill their basic function of the banking system - crediting Ukrainian economy and stop inflation and to minimize interest rate, the formation of market infrastructure problem assets and the like. emphasized the President of AUB and the need to renew the monopoly hryvnia in the monetary sphere and to ensure that lending to the real sector of the economy. At the same time, Sugonyako noted on the fact that, unfortunately, in his address as a tool of macroeconomic stability in Ukraine and to strengthen the banking system continues to provide for the intensification of the process of consolidation of the banking sector by providing institutional mergers of capital for small and medium-sized banks. This looked through the remnants of office politics of IMF and World Bank in Ukraine. AUB has repeatedly noted the erroneous policy of forced consolidation of the banking sector, bureaucratic vytisnenniya from the market of small and medium-sized banking institutions. bankruptcy and the threat of insolvency during the crisis of 2008 - 2009 of a considerable number of leading banks in the world and in Ukraine, dispelled the claim that the big bank is safer. Manual of the leading countries of the world really understand the dangers were created during this period large financial institutions. In Western countries, is already under way frank discussion about non-professional rescue the so-called "very large financial institutions to fail" and losses on risky policies of their respective owners and managers at the expense of taxpayers. The ways of enhancing the state regulation of these particular institutions. Ukraine should take a cue from the world community and honestly rethink errors before the crisis of financial sector development, both in Ukraine and in other states, preventing the creation of new risk areas - summed Sugonyako.