bank

Protection of banking secrecy is one of the key aspects of the financial stability of the state, ensuring citizens’ trust in the banking system. In civil law, banking secrecy is considered as an element of protecting privacy and protecting property rights, which are enshrined in the Constitution of Ukraine and the Civil Code of Ukraine. However, in the context of combating financial crimes and corruption, the state is forced to look for mechanisms to control financial flows, which sometimes requires the disclosure of banking information.

The article revealed that the current national legislation of Ukraine, unfortunately, does not have a legally regulated concept of "banking control". Scientific doctrine is multifaceted and contains diametrically different interpretations. Without pretending to the completeness and redundancy of the analysis of existing views on the nature of bank control, we will formulate the author's definition of "bank control". It is established that the domestic banking legislation is based on "Basel I" with the exception of the amendment regarding the inclusion of market risks from 1996.

The relevance and objectives of the work are the need to expand and improve the interaction of financial intermediaries, to improve the quality and increase the volume of financial services provided. The object of research is the integration of banks and insurance companies for the distribution of insurance products through the banking network both in Ukraine and abroad.

The realities of today indicate that the banking market is characterized by fierce competition due to globalization of the economy, the rapid development of information technologies, and improvement of business processes. This is reflected in the problems of increase of management efficiency tad asana high results of activity of banks, ensure their competitiveness.

The economic and financial crisis in Ukraine today increasingly exacerbate the situation
of all entities both enterprises of different scales and insurance companies, credit unions,
investment funds, banks and so on. Functioning of the economy of any country can not be
imagined without efficient banking system. Banks deeply penetrate into the sphere of
production and actively influence the economic and social processes in the country. For a long
period of banking institutions activity has been unstable and it gets worse every year. The

Analyzed special regulations of the consumers rights in the conclusion and the execution of financial contracts. Specified on the necessity of explanation to the citizens of their consumer rights. Made a number of conclusions on improving financial market.