Uman NUH | today: 12/22/2024
| Author(s) | Кононенко Л. Л., , , | ||
|---|---|---|---|
| Category | Economics | ||
| year | 2022 | issue | Issue number 101. Part 2 |
| pages | 255-262 | index UDK | 336.77 | DOI | 10.32782/2415-8240-2022-101-2-255-262 (Link) |
| Abstract | The article defines and substantiates the need to study and implement positive foreign experience in bank lending to agricultural enterprises in order to develop the modern Ukrainian banking system in the field of lending to the agro-industrial complex. It has been proven that without credit provision and replenishment of working capital, the development and normal functioning of the industry is impossible, especially in a state of war, when agriculture needs additional funds more than ever, due to damage to the infrastructure, obstacles in the channels of product sales. The share of loans granted by banks to companies related to agriculture, forestry and fisheries in Ukraine in 2022 was 13.2 % of the total number of loans. In total, the credit portfolio of the agricultural sector amounted to UAH 99.1 billion. The majority of loans, namely 75 %, were granted in national currency (74.3 billion UAH). And also that in the US commercial banks are one of the few sources of external funds available to qualified farmers. Typically, commercial banks that do business with agricultural producers, processors, and cooperatives are relatively small businesses located within a 2-3 hour drive from the bank. Agricultural banks, community banks, tend to be less geographically diversified and may be more vulnerable to local economic shocks because these banks serve local small business customers. The main agricultural lending programs in the USA are listed: the guaranteed lending program; direct lending program; land deal guarantee program; heavily fragmented Indian land loan program. Bank loans in the United States have been identified as providing immediate relief to distressed borrowers whose operations are at financial risk, while working to transform loan servicing so that borrowers have the flexibility and capabilities needed to address inherent risks. and contingencies associated with agricultural operations. It has been proven that the study and involvement of positive foreign experience in bank lending will contribute to the development and creation of new markets and flows, income for farmers and producers, and branching of the banking system. | ||
| Key words | foreign experience, bank lending, agricultural enterprises, commodity producers, credit, credit security, loans, financial support | ||