PL EN
ORIGINAL ARTICLE
FOREIGN EXPERIENCE OF FUNCTIONING FINANCIAL INSTITUTIONS OF COOPERATIVE TYPE
 
More details
Hide details
1
Uman National University of Horticulture (Ukraine) Umański Narodowy Uniwersytet Ogrodnictwa (Ukraina)
CORRESPONDING AUTHOR
Olga Makushok   

dr Olga Makushok, Department of marketing, The Faculty of Economics & Entrepreneurship, Uman National University of Horticulture, 1 Institutska st., Uman, Cherkassy region, Ukraine 20305; phone: +38-04744-3-20-11
Olena Rybchak
dr Olena Rybchak, Department of marketing, The Faculty of Economics & Entrepreneurship, Uman National University of Horticulture, 1 Institutska st., Uman, Cherkassy region, Ukraine 20305; phone: +38-04744-3-20-11
Publication date: 2018-07-09
 
Economic and Regional Studies 2015;8(4):119–127
 
KEYWORDS
ABSTRACT
The purpose of this research is to examine the role of cooperative financial institutions in modern financial system and determine their place in national financial intermediation. Peculiarities of functioning cooperative financial institutions in world practice are studied and their basic similarities are identified. Need for formation and development of cooperative financial institutions of 2nd and 3d levels, particularly the cooperative banks in national practice is substantiated. On the basis of studying the international experience of countries with different levels of economic development, conditions of formation and activities of cooperative bank institutions in the domestic practice have been determined.
 
REFERENCES (6)
1.
CreditSPb - Position of German Cooperative Union of Raiffeisen, Federal Republic of Germany, http://credit-union.narod.ru/n..., (data dostępu: 10.09.2014).
 
2.
Goncharenko V.V. (2005), Analytical report on the design of a credit cooperation in different countries, http://minfin.kmu.gov.ua/contr... (data dostępu: 15.02.2006).
 
3.
Partyn G.A. (2010), Problems of credit unions in the economic crisis in Ukraine. Scientific Herald NLTU Ukraine. Vol. 20.8, pp. -236.
 
4.
Prudnikov A. (2011), Basic principles of the Credit Unions of Ukraine in modern conditions. Scientific Herald: Finance, banks, investment. No. 2, pp. 28-31.
 
5.
Summary of credit unions in 2014 (2015), Bulletin of Credit Unions of Ukraine. No. 1 (59), pp. 2-22.
 
6.
The activities of non-bank credit institutions in 2011, http://www.ufin.com.ua/analit_..., (data dostępu: 10.11.2015).
 
eISSN:2451-182X
ISSN:2083-3725