Investment activities of banks, insurance companies, and non-government pension funds in Ukraine

Abstract

Successful solution of main problems and contradictions in the development of financial intermediaries’ investment activities largely depends on their timely detection, which is facilitated using trend forecasting models. The research aims to determine the current investment potential of financial intermediaries in the Ukrainian economy, find out the features and general problems, and identify the main perspective directions for the development of their investment activities. The article reveals the main internal and external factors and the source of development and inhibition of Ukrainian banks’ investment activities, insurance companies, and non-government pension funds. Based on the analysis, the investment structure patterns for key groups of financial intermediaries were defined. The forecast of their investments for 2020–2022 allows comparing the investment activities of selected financial intermediaries and offering conditions for the intensification of investment activities for banks (formation of reserves and cash flows control), insurance companies (to develop investment strategies), and private pension funds (to allow investing funds in collateralized government debt securities).