Enhancing the competitiveness of Ukrainian banks in the context of integration into the European Union financial space

Abstract

The article analyzes key determinants and strategic directions for strengthening the competitiveness of Ukrainian banks in the context of integration into the EU financial space. The study highlights the necessity of adapting the national banking sector to European regulatory standards, improving financial stability, and increasing operational efficiency under growing competition. The research identifies institutional, regulatory, and technological factors influencing competitive positions, including harmonization with EU banking requirements, digital transformation, advanced risk management, and sustainable finance practices. The findings confirm that the implementation of European regulatory approaches enhances transparency, resilience, and long-term development prospects of Ukrainian banks.