Geospatial features of the banking infrastructure of the Western region of Ukraine

The article deals with the geospatial features of the banking infrastructure, which is a component of the financial infrastructure. Indirect financing infrastructure forms one of two groups of financial infrastructure. These patterns are characterized. The banking infrastructure is the most developed component of the financial infrastructure not only in the studied region, but also at the national and global levels. Regional factors, along with national and global trends, influence the particular development of the components of the financial network. Today, the development of the regional banking infrastructure has a great impact on the economic development of the region, as other components of the financial infrastructure are developing more slowly. Historical and geographic factors especially distinguish the Western region of Ukraine from others. The influence of historical preconditions that led to the formation of banks, which are a special type of financial and credit institutions, is assessed. This forms the basis for growth in the financial services market. Banking institutions are characterized by universality among other components of the monetary infrastructure. Banking infrastructure plays an important role in the financial sector and is pervasive in all spheres of geospace in today’s globalized world. Demographic and socio-geographic factors in the regions of the Western region of Ukraine are taken into account. The impact of international experience and local government reform was assessed. The patterns of uneven development at the regional level are characterized. The unevenness of financial flows of capital and the share of investments were revealed. The impact of Covid-19 pandemic effects and quarantine restrictions on elements of the banking infrastructure has been assessed. The observation period covers 2016, 2018, and 2021. The statistics collected in 2020 are not taken into account. The main reason is that 2020 was the beginning of the Covid-19 pandemic and most of the departments were operating in special modes or were temporarily closed.