MEASURES TO RESTORE THE OPERATIONS OF UKRAINIAN BANKS IN THE CONTEXT OF WAR

Given the high level of uncertainty in the operating environment of Ukrainian banks due to the consequences of the war with Russia, regulators, and bank management are constantly looking for tools to implement anti-crisis strategies and tactics of both preventive and reactive nature. In this regard, more attention is being paid to the tools aimed at ensuring the continuity of the bank's operations based on the assessment of the degree of stress resistance of individual banks to external risks and threats that may reduce their stability and lead to crisis phenomena, and the prompt resumption of banking operations. The article highlights topical theoretical and methodological issues of bank business continuity planning aimed at identifying and analyzing the main goals and objectives achieved by its results and determining the main conditions and measures that will ensure its efficiency. Based on the study of domestic and foreign scholars, the article proposes a model for developing a business continuity plan as an interconnected set of organizational and structural (object and subject) and functional (principles, processes, and planning tools) subsystems. The author identifies the key components that will ensure the achievement of the planning objectives, namely: identification of threats to the bank's activities; identification of the main areas of activity, critical functions, and critical counterparties of the bank; analysis of the impact of threats and risks on the bank and customers; development of business recovery plans; periodic testing and evaluation of the effectiveness of methods and procedures for dealing with crises, making changes and updating plans as necessary. It is proved that, provided that the procedures for planning the continuity of a bank's operations in war are effective, this will allow for ensuring financial stability and maintaining customer confidence, quickly resuming operations after cyberattacks and cyber fraud, and reducing the scale of losses associated with the realization of financial risks.