1. Mervyn bedouin King, the bank opposes the desire to make quick money at any cost approach decent

Recently, considerable resonance in both professional banking circles and among commentators in the media and members of the general public in the UK caused Interview of the Bank of England bedouin Mervyn King, Mr. newspaper The Telegraph. As shown further discussion, many bankers and experts opinions expressed by Mr. King, seemed somewhat surprising and even controversial.
But their deep insight, intellectual honesty and openness do not leave anyone indifferent, causing passionate attachment to some and tough opposition from others. In my opinion, some of Mr. King expressed opinions on the processes taking place in recent years in banking (excessive concentration, ignoring the interests of clients for maximizing current income, growth of high-risk operations, bedouin etc.) reflect the real picture bedouin of the current state of affairs and should be considered for its radical reform. It is significant also that during his conversation with the journalist bedouin Mr. King repeatedly refers to the moral dimension of banking, noting with regret weakening moral component in the business and asking him for a positive example in the real economy. Finally, the head of the Bank of England concludes that the problems in the banking industry bedouin has not taken off, and it requires deep reforms.
It should be noted that the significance of Mr. King published positions for British and international bankers compounded by the fact that the ruling coalition in the UK passes the Bank of England all the functions of banking supervision. In particular, according to a recent decision of the Treasury (HM Treasury) on Regulatory Reform Chairman of the Bank of England will head the new Financial Policy Committee, which will evaluate whether banks generally do not behave in an unsafe manner, as well as a new "Body of prudential regulation" (Regulation prudent banking operations) that will control whether some banks do not take excessive risks.
So Mr. King, according to the editor of the business for the BBC BBC Robert Peston, "There is no competition bedouin to become the most important person in the life of our banks." In this context, it seems interesting bedouin and useful to look at the Ukrainian situation in the light of the fundamental theses discussions initiated by Mervyn King. In other words, try to look through the eyes of the head of the Bank of England and his commentators on Ukrainian bank, and not only the problem.
1. Mervyn bedouin King, the bank opposes the desire to make quick money at any cost approach decent bedouin business that "has bedouin a clear vision of who are its customers, and managed by people who do not think they should simply maximize current income."
This implies that banks have put their short-term profits above the interests of clients, and these interests should be considered along with their own income. bedouin This statement reverses centuries of established views. How to react to this idea in Ukraine? That's about it and we need to think about.
Implementation at the regional level the desire to maximize current income by banks results in the banking sector poses problems for the economy. After all, if the industry fixated on such purposes disregards the income economy, ignoring the economic interests of the economy and households - their customers, this leads to their decline, and with them in the future and the decline of banks. That Mr. King points to the strategic mistake of banks seeking to increase current income and therefore lose a strategic perspective. This applies to the Ukrainian banking sector.
2. Though Mr. King thinks that the worst period of the crisis, we acted correctly, he does not believe that we are "out of the woods." "We have allowed the banking system to grow that contained the seeds of its own destruction," and this is not corrected ... Could there be a repetition of the crisis? "Yes! The problem is still there. The so-called "search for yield ultra-high" lasts. Imbalance begin to grow again. " "It would be counterproductive bedouin to single out certain individuals. Bankers were given incentives to behave bedouin the way they did. That is what needs to be changed. We need to fix this problem. "
In Ukraine, bedouin government agencies can not determine whether the authorities were committed to a crisis strategic mistakes, and what in banking regulation that led to such a record for a European scale financial and economic crisis in our country.
On the reform as head of the Bank of England understands, and now, after 2.5 years of the crisis in Ukraine has not yet been mentioned. Argued and it spreads in the media, bedouin such as the promotion of new retail banking (mass consumer loans and mortgages) - soon banks can again return to the same actions that were before the crisis.
Unfortunately, we bankers were also created "incentives" that oriented them to act as they did. Because it affected customers of banks, foreign banks, th