EVALUATION OF THE LEGAL FIELD OF BUILDING AND IMPLEMENTATION OF THE CONSOLIDATION AGREEMENT ON BANKS IN UKRAINE AND IN THE INTERNATIONAL BANKING SECTOR

Abstract

This article explores the legal framework for defining the concepts and procedures for carrying out consolidation processes of Ukrainian banks. Due to the lack of a clear definition of the terms “merger” and “absorption” and the ambiguity of their interpretation, there is a slowdown in the development of this market. Potential participants in consolidation processes consider them as too complicated to conduct and look for other ways of business development. The article also analyzes the legal bases of the USA, Europe and Asia, where consolidation processes have gained significant development in all spheres of the economy.