INSTITUTIONAL AND ORGANIZATIONAL FRAMEWORK OF CREDIT GRANTING OF THE AGRICULTURAL SECTOR IN UKRAINE

In this article institutional and organizational framework for credit granting of the agricultural sector of the economy has been studied. The works of scientists is considered the essence of the mechanism of credit granting to small businesses, especially bank credit granting to the agricultural se...

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Main Author: A. S. Gulaya
Format: Article
Language:English
Published: FINTECH Alliance LLC 2015-07-01
Series:Фінансово-кредитна діяльність: проблеми теорії та практики
Subjects:
Online Access:https://fkd.net.ua/index.php/fkd/article/view/1038
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author A. S. Gulaya
author_facet A. S. Gulaya
author_sort A. S. Gulaya
collection DOAJ
description In this article institutional and organizational framework for credit granting of the agricultural sector of the economy has been studied. The works of scientists is considered the essence of the mechanism of credit granting to small businesses, especially bank credit granting to the agricultural sector, analyze the features of the financial and credit policy, etc. The ways to organize specific credit relations in the agricultural sector as established institutional forms that determine the order of interaction of agricultural producers, lenders, and other state entities have been identified. The analysis of the functioning of credit institutions for farmers has been made. The analysis of the functioning of formal enshrined in law, and informal defined in the norms, the rules of behavior, and institutions of the banking system which ensure an orderly interaction of economic entities in the market of borrowed resources has been carried out. An increase in the volume of credit granting of the economy by credit unions, in comparison with banks has been revealed. Basing on the study of data of credit granting of the economy it has been established that the volume of credit granting by credit unions increased in comparison with banks. The definition of a system of agricultural credit in the form of a set of institutional forms and methods of credit granting on a contractual basis has been provided.
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spelling doaj.art-c34122532b064a24a8d8080c0f0405942023-09-03T06:25:28ZengFINTECH Alliance LLCФінансово-кредитна діяльність: проблеми теорії та практики2306-49942310-87702015-07-01118647110.18371/fcaptp.v1i18.46111691INSTITUTIONAL AND ORGANIZATIONAL FRAMEWORK OF CREDIT GRANTING OF THE AGRICULTURAL SECTOR IN UKRAINEA. S. Gulaya0Kharkiv National University of Internal AffairsIn this article institutional and organizational framework for credit granting of the agricultural sector of the economy has been studied. The works of scientists is considered the essence of the mechanism of credit granting to small businesses, especially bank credit granting to the agricultural sector, analyze the features of the financial and credit policy, etc. The ways to organize specific credit relations in the agricultural sector as established institutional forms that determine the order of interaction of agricultural producers, lenders, and other state entities have been identified. The analysis of the functioning of credit institutions for farmers has been made. The analysis of the functioning of formal enshrined in law, and informal defined in the norms, the rules of behavior, and institutions of the banking system which ensure an orderly interaction of economic entities in the market of borrowed resources has been carried out. An increase in the volume of credit granting of the economy by credit unions, in comparison with banks has been revealed. Basing on the study of data of credit granting of the economy it has been established that the volume of credit granting by credit unions increased in comparison with banks. The definition of a system of agricultural credit in the form of a set of institutional forms and methods of credit granting on a contractual basis has been provided.https://fkd.net.ua/index.php/fkd/article/view/1038credit grantingcredit unionsagricultural sectorinstitutional framework
spellingShingle A. S. Gulaya
INSTITUTIONAL AND ORGANIZATIONAL FRAMEWORK OF CREDIT GRANTING OF THE AGRICULTURAL SECTOR IN UKRAINE
Фінансово-кредитна діяльність: проблеми теорії та практики
credit granting
credit unions
agricultural sector
institutional framework
title INSTITUTIONAL AND ORGANIZATIONAL FRAMEWORK OF CREDIT GRANTING OF THE AGRICULTURAL SECTOR IN UKRAINE
title_full INSTITUTIONAL AND ORGANIZATIONAL FRAMEWORK OF CREDIT GRANTING OF THE AGRICULTURAL SECTOR IN UKRAINE
title_fullStr INSTITUTIONAL AND ORGANIZATIONAL FRAMEWORK OF CREDIT GRANTING OF THE AGRICULTURAL SECTOR IN UKRAINE
title_full_unstemmed INSTITUTIONAL AND ORGANIZATIONAL FRAMEWORK OF CREDIT GRANTING OF THE AGRICULTURAL SECTOR IN UKRAINE
title_short INSTITUTIONAL AND ORGANIZATIONAL FRAMEWORK OF CREDIT GRANTING OF THE AGRICULTURAL SECTOR IN UKRAINE
title_sort institutional and organizational framework of credit granting of the agricultural sector in ukraine
topic credit granting
credit unions
agricultural sector
institutional framework
url https://fkd.net.ua/index.php/fkd/article/view/1038
work_keys_str_mv AT asgulaya institutionalandorganizationalframeworkofcreditgrantingoftheagriculturalsectorinukraine