DEAN OF THE FACULTY OF ECONOMICS

PROFESSOR IVCHENKO YEVHEN ANATOLIIOVYCH


DEPUTY DEAN FOR EDUCATIONAL AND METHODOLOGICAL WORK – DOCTOR OF ECONOMICS ASSOCIATE PROFESSOR

TYSHCHENKO VOLODYMYR

Contacts: phone +380502542330; е-mail: tischenko@snu.edu.ua

DEPUTY DEAN FOR SCIENTIFIC AND EDUCATIONAL WORK – DOCTOR OF ECONOMICS DOCENT

BUCHNIEV MAKSYM MYKHAILOVYCH

Contacts: phone +380663085905,  е-mail: е-mail: buchnev@snu.edu.ua

DEAN’S OFFICE:

ZAKHAROVA NATALIIA OLEHIVNA – DEAN’S OFFICE MANAGER / DISPATCHER

KOLIESNYK IRYNA VIKTORIVNA – SECRETARY

Contacts: tel. +380508210374, +380954682267
e-mail: ieu@snu.edu.ua

Faculty of Economics and Management

HEAD OF THE DEPARTMENT:

DOCTOR OF ECONOMICS, PROFESSOR SEMENENKO INNA MAKSYMIVNA

Our e-mail: economics@snu.edu.ua

The Department of Economics and Entrepreneurship united several educational and scientific schools of  Dahl economists, which is due to its creation on the basis of the departments of enterprise economics, personnel management and economic theory, economic cybernetics, applied statistics and project management.

The department trains specialists in accordance with the new composition of educational and scientific specialties under educational programs in the following areas: economy, entrepreneurship, trade and stock market activity

The department teaches a large number of disciplines; teachers have training experience in a number of economic specialties. The main goal of the department’s activities is for future specialists to acquire the skills to ensure economic activity by making thorough decisions and to maintain effective business relations with other specialists.

TEACHERS OF THE DEPARTMENT

Faculty of Economics and Management

HEAD OF THE DEPARTMENT OF ECONOMICS

PROFESSOR KHANDII OLENA OLEKSIIVNA

Our contacts

Mail: management@snu.edu.ua

The Department of Public Administration, Management and Marketing prepares specialists who acquire knowledge, skills and abilities in the field of public administration, management, planning and organization of economic processes and marketing. The main goal of the department of public administration, management and marketing is the training of professionals who are able to effectively manage complex systems and processes of modern economic and social life.

Faculty of Economics and Management

HEAD OF THE DEPARTMENT OF ECONOMICS

PROFESSOR KLIUS YULIIA IHORIVNA

Our e-mail

oagd@snu.edu.ua

Introduction about the department

Accounting is an art, a profession that requires a special talent and gift from a specialist to see the complex world of the economy in its interrelationships and harmony. Accounting is called the language of business. And it really is. After all, it is widely used in the business environment to describe business relationships between different enterprises.

General information about the department

The Department of Accounting and Taxation was created in 2016. and trains specialists in specialty 071 – “Accounting and taxation”.

The department’s mission is to train professionally competent specialists who have deep knowledge in the field of accounting and taxation and are able to meet the challenges of the new time and the real needs of the global and national economy.

The guarantor of the quality of the educational process is the highly professional staff of scientific and pedagogical staff of the department who have significant experience in the field of research, accounting, auditing and taxation.

History of the department

By order of the university “On structural changes and measures to improve university management” dated 04/27/2016 No. 69/01, the department of “Accounting and Taxation” was created on the basis of the departments of “Accounting and Audit” and “Taxation and Social Economy” in 2016 . The graduating department of the “Accounting and Taxation” specialty has a 40-year history. The department was created in 1972 and was called “Accounting and Statistics”. Over the years of its existence, the department changed its name several times, and on its basis, the departments “Control and Audit”, “Accounting and Analysis of Economic Activity”, “Finance”, “Banking”, “Applied Statistics and Project Management”, “Accounting and Audit” were created. “. The department prepares graduates in the specialty “Accounting and taxation”. Educational qualification levels: bachelor, specialist, master. Post-graduate and doctoral courses operate at the department. Forms of education: full-time and part-time. Financing: budgetary and contractual.

Disciplines of bachelor’s training:

basics of industry knowledge; Accounting; theory of economic analysis; financial accounting – 1, 2; audit basics; Managerial Accounting; analysis of economic activity; accounting in foreign countries; accounting at PMB; NDRS; pricing; audit; information systems and technologies in accounting; enterprise reporting; internal economic control; economic analysis and forecasting; accounting in budgetary institutions; accounting and reporting in taxation; accounting and analysis in business sectors; Accounting and Auditing

Disciplines of specialist training:

accounting organization; accounting of foreign economic activity; forensic accounting examination; models and methods of management decision-making in analysis and audit; management information systems in analysis and audit.

Disciplines of master’s training:

accounting and financial reporting according to international standards; methodology and organization of scientific research; analysis of financial statements; strategic management accounting and analysis; accounting in enterprise management; tax audit; organization of accounting; organization and audit methodology; management control; consolidation of financial statements; state financial control; accounting and analytical provision of economic security of the enterprise; accounting of international operations.

Information about the head of the department

Klyus Yuliya Ihorivna – head of the department “Accounting and Taxation”, doctor of economics, professor. Experience of scientific and pedagogical work – 12 years.

Born in Luhansk, graduated from high school in 1998, studied at Volodymyr Dahl East Ukrainian National University in 1998-2003. In 2011, she defended her thesis for the degree of Candidate of Economic Sciences. She has been working at the university since 2003. the head of the department.

He has more than 100 scientific works, 4 monographs, articles in specialized domestic and foreign publications, among which: Klyus Yu. I. “Corporate innovation management map” as a tool for ensuring the strategy of effective development of industrial enterprises: [monograph] / Zag. ed. K.S. Shaposhnikova and others. — Kherson: “Helvetyka” Publishing House, 2015. — 536 p.; Klyus Yu. I. Definition of the components of the corporate innovation management system / Yu. I. Klyus // Economy and the region –– 2015. –– No. 6 (55). –– P. 81-85; . Klyus, Yu. I. Directions of development of the corporate innovation management system of business entities / Yu. I. Klyus, V. I. Chyzh // Wspolpraca Europejska. –– 2015. –– No. 5(5). –– P. 57-66; Klius Yuliia Some aspects of the strategic management of corporate innovations in industry / Yuliia Klius // Social Educational Project of Improving Knowledge in Economics. Journal L’Association 1901 “SEPIKE”. –– 2015. –– Edition 10. –– C. 88-91.

Under the leadership of Klyus Y.I. scientific and pedagogical work is carried out at the department, aimed at continuous expansion of the methodological base, comprehensive use of progressive teaching methods and scientific research on current problems.

Contacts: tel. +380505610453; е-mail: klus@snu.edu.ua, docentklus@gmail.com

TEACHERS OF THE DEPARTMENT:

Faculty of Economics and Management

 
KLIUS YULIIA IHORIVNA

  • POSITION – HEAD OF THE DEPARTMENT
  • ACADEMIC TITLE – PROFESSOR
  • ACADEMIC DEGREE – DOCTOR OF ECONOMICS
  • WORK EXPERIENCE – 17 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – ACCOUNTING AND ANALYTICAL SUPPORT FOR THE DEVELOPMENT OF THE REGION, CORPORATE MANAGEMENT OF INNOVATIONS OF INDUSTRIAL ENTERPRISES
  • Contact Information – klus@snu.edu.ua
Faculty of Economics and Management

KUSHAL IRYNA MYKOLAIVNA

  • – POSITION – ASSOCIATE PROFESSOR OF THE DEPARTMENT
  • – ACADEMIC TITLE – ASSOCIATE PROFESSOR
  • – ACADEMIC DEGREE – PHD IN ECONOMICS
  • – WORK EXPERIENCE – 17 YEARS – SCIENTIFIC ACTIVITY (RESEARCH AREAS) – STRATEGIC DECISIONS IN TAXATION, SOCIO-ECONOMIC EFFECTS OF TAX POLICY, TAX ADMINISTRATION
  • – Contact information – e-mail: kushal@snu.edu.ua
Faculty of Economics and Management

MANUKHINA MARTA YURIIVNA

  • POSITION – ASSOCIATE PROFESSOR OF THE DEPARTMENT
  • ACADEMIC DEGREE – CANDIDATE OF ECONOMIC SCIENCES
  • ACADEMIC TITLE – ASSOCIATE PROFESSOR
  • WORK EXPERIENCE – 27 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – ACCOUNTING, ANALYSIS AND AUDIT OF INTANGIBLE ASSETS, INTELLECTUAL PROPERTY MANAGEMENT; ACCOUNTING AND TAXATION OF FOREIGN ECONOMIC ACTIVITY; RESEARCH OF INTERNATIONAL ACCOUNTING AND AUDIT PRACTICE
  • Contact Information – E-Mail- e-mail: manuhina@snu.edu.ua, marta.manukhina@gmail.com
Faculty of Economics and Management

MELNIK MARYNA ANATOLIIVNA

  • POSITION – ASSOCIATE PROFESSOR
  • ACADEMIC DEGREE – CANDIDATE OF ECONOMIC SCIENCES
  • ACADEMIC TITLE – ASSOCIATE PROFESSOR
  • WORK EXPERIENCE – 38 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – ECONOMIC DEVELOPMENT, CRISIS MANAGEMENT, ENTERPRISE RESTRUCTURING, ECONOMIC POTENTIAL, ANALYSIS OF ECONOMIC ACTIVITY
  • Contact Information – E-Mail: melnik@snu.edu.ua, marinalug1962@gmail.com
Faculty of Economics and Management

PCHELYNSKA HANNA VOLODYMYRIVNA

  • POSITION – ASSOCIATE PROFESSOR OF THE DEPARTMENT
  • ACADEMIC DEGREE – PHD IN ECONOMICSACADEMIC TITLE – ASSOCIATE PROFESSORWORK EXPERIENCE – 25 YEARS
  • POSITION – ASSOCIATE PROFESSOR OF THE DEPARTMENT ACADEMIC DEGREE – PHD IN ECONOMICS ACADEMIC TITLE – ASSOCIATE PROFESSOR WORK EXPERIENCE – 25 YEARS SCIENTIFIC ACTIVITY (RESEARCH AREAS) – ENTERPRISE COST MANAGEMENT, FINANCIAL REPORTING, ACCOUNTING POLICY
  • Contact Information – E-Mail: pchelinska@snu.edu.ua, pchelinska2@gmail.com
Faculty of Economics and Management

SERIKOVA OLHA MYKOLAIVNA

  • POSITION – ASSOCIATE PROFESSOR OF THE DEPARTMENT
  • ACADEMIC DEGREE – CANDIDATE OF ECONOMIC SCIENCES
  • ACADEMIC TITLE – ASSOCIATE PROFESSOR
  •  WORK EXPERIENCE – 15 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – USE OF LABOR POTENTIAL AT ENTERPRISES; ACCOUNTING AT SMALL BUSINESSES; ACCOUNTING IN BUDGETARY INSTITUTIONS
  • Contact information – e-mail: serikova@snu.edu.ua, olga.sm.mymail@gmail.com
Faculty of Economics and Management

TATSII INNA VALERIIVNA

  • POSITION – ASSOCIATE PROFESSOR OF THE DEPARTMENT
  • ACADEMIC DEGREE – CANDIDATE OF ECONOMIC SCIENCES
  • ACADEMIC TITLE – ASSOCIATE PROFESSOR
  • WORK EXPERIENCE – 29 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – ANALYSIS OF THE FINANCIAL CONDITION OF ECONOMIC ENTITIES IN THE CONDITIONS OF SUSTAINABLE DEVELOPMENT, EMM IN ANALYSIS AND AUDIT
  • Contact information – e-mail: tacij@snu.edu.ua, docentiv3@gmail.com
Faculty of Economics and Management

LYTVYNSKA NATALIIA IVANIVNA

  • POSITION – LEADING ENGINEER OF THE DEPARTMENT

Scientific work

The priority direction of the scientific activity of the Department of Accounting and Taxation is applied research, development of scientific directions related to the adaptation of the Ukrainian economy to the conditions of integration into the modern economy, raising the intellectual level of educational activity of the teachers of the department. The department is a co-executor of the interdepartmental state research topic DN-70-13 “Accounting and analytical support for the management of the development of economic entities in the region in the context of the formation of global markets” (DR № 0113U001168). Using the materials of the topic, five dissertations for the degree of Candidate of Economic Sciences were defended. The department has developed a methodology for adapting the financial statements of business entities to the requirements of international financial reporting standards, which allows to determine the indicators for assessing the risks of activities at the regional level and to assess them. The results of research works are reflected in the publications of the teaching staff and are used in the educational process. One of the important directions of the efforts of the representatives of the scientific school of the department is the scientific training of students and graduate students.  The student professional association “Debit-Credit Club” was created at the department. Students of educational qualification level “Specialist” and “Master” are involved in the implementation of departmental research topics; participate in All-Ukrainian Olympiads, scientific student conferences.

Our email

finbank@snu.edu.ua

HEAD OF THE DEPARTMENT:

PROFESSOR, DOCTOR OF ECONOMICS KOSTYRKO LIDIIA ANDRIIVNA

Contacts: tel. +380506831485, e-mail: kostirko@snu.edu.ua, finbank@snu.edu.ua

Introduction to the Department

The Department of Finance and Banking provides training at the following levels of higher education: Bachelor’s and Master’s degrees in full-time and part-time study in the following specialties:

072 “Finance, Banking and Insurance” with specializations

  • Banking
  • Finance

The Department of Finance and Banking trains high-level specialists who can solve financial and economic problems at the level of the state and economic entities. Students gain the knowledge necessary to work in financial, accounting, analytical services of enterprises, banking institutions, organizations, financial institutions, consulting and auditing firms.

General information about the department

The Department of Finance and Banking is provided with highly qualified scientific and pedagogical staff and material and technical base, which contributes to the quality training of financiers and bankers.

Training of scientific and pedagogical staff is carried out through postgraduate studies opened at the department. Scientific research is carried out on the topics “Formation of the mechanism of corporate governance of financial and industrial capital of the region”, “Research and formation of the mechanism of ensuring the sustainability of financial and industrial companies in the region”. Over the past 5 years, the teachers of the department have published 6 monographs, 153 articles, prepared 135 reports at scientific conferences, received 13 patents and defended 10 PhD theses. With the participation of students of the department published 180 scientific works.

History of the Department

The Department of Finance and Banking was founded on April 2, 1996 on the basis of the Department of Accounting. The department trains specialists in the specialty “Finance, Banking and Insurance” and is part of the Institute of Economics and Management. Training of bachelors, specialists and masters is carried out in accordance with the curriculum agreed and approved in accordance with the current requirements of the Ministry of Education and Science of Ukraine

The department is accredited for bachelor’s, specialist’s and master’s degrees until 2026. The department is provided with material and modern technical means for teaching students. The teaching staff of the department consists of 11 people, including 1 doctor of economic sciences, professor; 8 candidates of economic sciences, associate professors, 2 teachers. Teachers of the department systematically undergo internships in public finance management bodies, financial and credit institutions, insurance companies, enterprises. Scientists of the Department of Finance and Banking cooperate in the field of education and science with leading scientific institutions of Ukraine, Russia, Kazakhstan, Poland, Greece.

The integration of theory and practice is ensured by close cooperation of the department with state administrations, tax and financial state services, control and audit departments, state treasury, financial and credit institutions, enterprises of various forms of ownership. Leading specialists of these institutions participate in the educational process, consulting diploma works, scientific conferences, preparation of scientific and methodological recommendations, head the state examination commissions. An example of close cooperation is the creation of branches of the Department of Finance and Banking of Volodymyr Dahl East Ukrainian National University in the Department of Finance of the Luhansk Regional Military-Civil Administration.

Information about the Head of the Department

The Head of the Department of Finance and Banking is Kostyrko Lidia Andriivna, Doctor of Economics, Professor in the specialty “Finance, Money Circulation and Credit”.

Scientific and pedagogical experience of Kostyrko L.A. is 43 years, including 43 years in Volodymyr Dahl East Ukrainian National University.

The Head of the Department of Finance and Banking of Volodymyr Dahl East Ukrainian National University, Professor Kostyrko L.A. is an Excellence in Education, a full member of the Academy of Economic Sciences of Ukraine in the specialty “Finance, Banking and Insurance” since 2010; a member of the Scientific and Methodological Council of the Business Educational Alliance; a member of the Scientific and Methodological Commission on Business, Management and Law of the Ministry of Education and Science of Ukraine. He has an international Diploma of Professional Financial Manager and Diploma in Financial Management of the Institute of Professional Financial Managers (IPFM, UK), is a certified auditor. She is the author of 258 scientific works, including 220 of scientific nature (including 10 monographs) and 38 of educational and methodological nature (including 9 textbooks, including 7 recommended by the Ministry of Education and Science of Ukraine). Under her leadership in 2013, a postgraduate course was opened in the specialty 08.00.08 – Money, Finance and Credit. Under her scientific supervision 13 PhD theses were prepared and defended.

Kostyrko L.A. – researches the problems of financial management of economic entities, financial strategy, budget mechanism, financial security.

TEACHERS OF THE DEPARTMENT:

Faculty of Economics and Management

KOSTYRKO LIDIIA ANDRIIVNA

  • POSITION – HEAD OF THE DEPARTMENT, PROFESSOR OF THE DEPARTMENT
  • ACADEMIC TITLE – PROFESSOR
  • ACADEMIC DEGREE – DOCTOR OF ECONOMICS
  • WORK EXPERIENCE – 49 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – FINANCIAL POLICY, FINANCIAL MANAGEMENT, CORPORATE FINANCE, INNOVATIVE FINANCIAL MANAGEMENT, VALUE-ORIENTED FINANCIAL MANAGEMENT, MANAGEMENT OF FINANCIAL AND CREDIT INSTITUTIONS, BANKING MANAGEMENT, INSURANCE MANAGEMENT, BUDGET MECHANISM, FINANCIAL CONTROLLING, FINANCIAL ANALYSIS, FINANCIAL SECURITY, INTEGRATED CORPORATE REPORTING
  • Contact Information – kostirko@snu.edu.ua, lidiyakostyrko@gmail.com
Faculty of Economics and Management
CHERNODUBOVA ELEONORA ALERIANIVNA
  • – POSITION – ASSOCIATE PROFESSOR
  • – ACADEMIC TITLE – ASSOCIATE PROFESSOR
  • – ACADEMIC DEGREE – PHD IN ECONOMICS
  • WORK EXPERIENCE – 18 YEARS
  • – SCIENTIFIC ACTIVITY (RESEARCH AREAS) – FINANCIAL MANAGEMENT, INVESTMENT AND INNOVATION MANAGEMENT, CRISIS FINANCIAL MANAGEMENT, FINANCIAL ANALYSIS, INTEGRATED CORPORATE REPORTING, INSURANCE MANAGEMENT, STRATEGIC FINANCIAL MANAGEMENT
  • – Contact Information – E-Mail: ella.cher.lg@snu.edu.ua, ella.cher.lg@gmail.com
Faculty of Economics and Management
TYSHCHENKO VOLODYMYR VALENTYNOVYCH
  • POSITION – ASSOCIATE PROFESSOR

  • ACADEMIC TITLE – ASSOCIATE PROFESSOR

  • ACADEMIC DEGREE – PHD IN ECONOMICS
  • WORK EXPERIENCE – 24 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – INVESTMENT AND INNOVATION MANAGEMENT, MONETARY REGULATION, BANKING MANAGEMENT, ORGANIZATION OF BANKING ACTIVITIES, FINANCIAL LITERACY, FINANCIAL MANAGEMENT, ECONOMIC AND FINANCIAL SECURITY, BUDGETING
  • Contact Information – E-Mail: tischenko@snu.edu.ua, dr_vlad@ukr.net
Faculty of Economics and Management

TYSHCHENKO
OLENA IHORIVNA

  • POSITION – ASSOCIATE PROFESSOR OF THE DEPARTMENT
  • ACADEMIC DEGREE – CANDIDATE OF ECONOMIC SCIENCES
  • ACADEMIC TITLE – ASSOCIATE PROFESSOR
  • WORK EXPERIENCE – 19 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – MANAGEMENT OF BANKING OPERATIONS, ACCOUNTING IN FINANCIAL AND CREDIT INSTITUTIONS, DEPOSIT MANAGEMENT, MONETARY POLICY, MANAGEMENT OF FINANCIAL AND CREDIT INSTITUTIONS, CREDIT MANAGEMENT, FINANCIAL LITERACY, FINANCIAL CONTROLLING, ANALYSIS OF BANKING ACTIVITIES, FINANCIAL REPORTING
  • Contact Information – E-Mail: tischenko_oi@snu.edu.ua, malkova_helena@ukr.net
Faculty of Economics and Management
MARTYNOV
ANDRII ANATOLIIOVYCH
  • POSITION – ASSOCIATE PROFESSOR OF THE DEPARTMENT
  • ACADEMIC DEGREE – CANDIDATE OF ECONOMIC SCIENCES
  • ACADEMIC TITLE – ASSOCIATE PROFESSOR
  • WORK EXPERIENCE – 17 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – FINANCIAL SUPPORT OF INNOVATION ACTIVITY, MANAGEMENT OF COSTS FOR INNOVATION ACTIVITY, FINANCIAL MANAGEMENT OF LOCAL GOVERNMENT, CRISIS MANAGEMENT, FINANCIAL CONTROL
  • Contact Information – E-Mail: martynov@snu.edu.ua, pubrealin@ukr.net
Faculty of Economics and Management

STEPURA
VIKTOR VIKTOROVYCH

  • POSITION – ASSOCIATE PROFESSOR
  • ACADEMIC DEGREE – CANDIDATE OF ECONOMIC SCIENCES
  • ACADEMIC TITLE – ASSOCIATE PROFESSOR
  • WORK EXPERIENCE – 12 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – INSURANCE MANAGEMENT, FINANCIAL PLANNING, INFORMATION SYSTEMS IN FINANCE
  • Contact Information – E-Maill: stepura@snu.edu.ua, svmail@meta.ua
Faculty of Economics and Management
SOLOMATINA
TETIANA VASYLIVNA
  • POSITION – PROFESSOR
  • ACADEMIC DEGREE – DOCTOR OF ECONOMICS
  • ACADEMIC TITLE – ASSOCIATE PROFESSOR
  • WORK EXPERIENCE – 19 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – FINANCIAL POLICY, FINANCIAL MANAGEMENT, FINANCIAL ANALYSIS, CORPORATE FINANCE, BUDGETING
  • Contact Information – E-Mail: solomatina@snu.edu.ua, t.solomatina@i.ua
Faculty of Economics and Management
SEREDA
OLENA OLEKSANDRIVNA
  • POSITION – ASSOCIATE PROFESSOR ACADEMIC DEGREE – PHD IN ECONOMICS
  • WORK EXPERIENCE – 20 YEARS
  • SCIENTIFIC ACTIVITY (RESEARCH AREAS) – FINANCIAL MANAGEMENT, FINANCIAL REGULATION, VALUE-BASED FINANCIAL MANAGEMENT, CORPORATE FINANCE, FINANCIAL MARKET
  • Contact Information – E-Mail: sereda@snu.edu.ua, sered1010@gmail.com

Scientific work

On the basis of the “Finance and Banking” department, a scientific school is functioning, which has the target direction of solving current financial and credit problems of the state and business entities.

Scientific directions of the “Finance and Banking” department:

– ensuring the stability of the functioning of financial and industrial systems in the conditions of a crisis economy;

– the system of budget regulation in terms of financial integration;

– improvement of the public-private partnership mechanism;

– financial strategy of sustainable development of companies;

– value-oriented financial management;

– innovation and investment policy to ensure economic growth;

– reforming the banking system of Ukraine in modern business conditions;

– economic and financial security of business entities;

– accounting and analytical support for managing the economic potential of economic entities.

Teachers and employees of the “Finance and Banking” department take an active part in the implementation of research works, the results of which are implemented in enterprises and financial and credit institutions of the region.