Purpose. The main role in achieving competitive advantages of a commercial bank is a type of control as financial management, which is one of the constituent elements of bank management. The main purpose of bank financial management is to maximize the welfare of the owners. A method or methodology of work. In this study, the authors have used such methods of scientific research as a study and analysis of the regulatory framework, the study of monographic publications and articles, the analytical method. Results. The authors propose to classify the financial management of the bank at the tactical and strategic, depending on the time factor targets. Temporary classifications must also be the basis for constructing the classification of bank financial management principles, proposed a hierarchical structure of the banking principles of financial management is presented, which differs significantly from the pre-existing research results that the new principles introduced such as: "Providing innovative management decisions" and "information security business processes." Scope of the results. Defining the role of financial management in the strategic management of the commercial bank must again draw attention to the pivotal role of financial strategy (strategy, financial management), which determines the direction of future development and implementation of financial banking.