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BUSINESS INFORM №5-2016The title and content ABSTRACTS AND INFORMATION ABOUT AUTHORS
27
Section: Finance, Money Circulation and Credit UDC 336.717.8:336.01(477) Kovalyuk A. O. Features of Establishing the Institution of Financial Intermediation in Ukraine (p. 180 - 184)
The author considers the theoretical foundations for defining the substance of financial intermediation in Ukraine, namely the meaning of the term of «intermediation» provided in the explanatory dictionary, the term of «financial intermediation» provided in the Commercial code of Ukraine, laws of Ukraine, other regulatory legal acts. Also in the publication definitions for finance and financial services are compared. Definitions of intermediation services in the markets for financial services have been presented. On the basis of the above indicated, substance of financial intermediation has been determined. Financial intermediaries have been classified in accordance with their activities, by the model of cooperation with other financial institutions, and by the functions that they perform. Features of financial intermediation for the different categories of participants in the market have been provided. The advantages and disadvantages of the institution of financial intermediation in Ukraine have been identified. Keywords: financial intermediaries, banks, financial advisors, classification of financial intermediaries, functions of financial intermediary Bibl.: 17. Kovalyuk Andriy O. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Banking and Insurance Business, Ivan Franko National University of Lviv (1 Unіversytetska Str., Lvіv, 79001, Ukraine) Email: [email protected]
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Reference to this article: Kovalyuk, Andriy O. (2016) “Features of Establishing the Institution of Financial Intermediation in Ukraine.” Business Inform 5:180–184.
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