Bank lending efficiency assessment of the Ukraine agricultural sector to ensure its sustainable functioning
Keywords:
agricultural credit; indicators of lending efficiency; state support; integral indicator; cost of credit; profitability of lendingAbstract
Agricultural lending in Ukraine remains one of the determining factors not only of the sustainable functioning of agriculture but also of the survival and preservation of the production and resource potential of enterprises. With the beginning of the full-scale war, the problem of lack of financing to ensure the current production activities of enterprises in the agricultural sector of the economy has become much more acute. The study is devoted to the assessment of the problems of organizing credit relations in the agricultural sector of the economy and the methodological substantiation of the tools for indicative assessment of the effectiveness of agricultural lending. It has been established that low production efficiency and constant growth in debt on loans reduce the creditworthiness of agricultural enterprises and do not allow them to fully use their production potential. It is proposed to evaluate the effectiveness of state support not only by indicators characterizing the economic efficiency of agricultural production (financial result and profit) but also by additional parameters (profitability of lending by operating activities; profitability of lending by all activities of agricultural enterprises; profitability of lending by total capital of enterprises; profitability of lending by current assets of enterprises; definition and factor analysis of the aggregate indicator of lending efficiency). The use of this scientific product will allow the formation of a system for monitoring the level and efficiency of credit provision of enterprises in the agricultural sector of the economy of Ukraine.
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