Development of bank crediting of agricultural enterprises in current conditions

Agricultural enterprises play important role in economic development of Ukraine, as they have significant economic potential and can have considerable impact on the country’s development. Development of agricultural enterprises is important for state regulation of the economy and state authorities pay considerable attention to supporting activities of these enterprises, creating conditions for innovative development and increasing competitiveness in global agricultural markets. One of key conditions for development of agricultural enterprises is available financial resources, among which bank crediting plays a key role. Commercial banks are the largest creditors of agricultural enterprises, and therefore, creating appropriate level of financial support for these enterprises is to stimulate bank crediting. This makes the issue of the article and the need for additional research in this area relevant. In the article current trends and features of bank crediting of agricultural enterprises, its development in current conditions of political, economic and social instability are considered. To this end, features of economic activity of agricultural enterprises are studied in detail, specific features of their financial activity are identified, which determine their ability to obtain bank credits. Attention is also paid to the analysis of bank crediting in Ukraine in recent years, identifying commercial banks that play a key role in this crediting. It helped to specify specific features of bank crediting of agricultural enterprises. The author considers impact of military aggression on activities of agricultural enterprises, which made it possible to specify main consequences of the war for bank crediting of these economic entities. Given these results, in the article, the main problems of this type of crediting are identified. Accordingly, some solutions to these problems have been proposed, which implementation will facilitate development of agricultural enterprises in Ukraine, improve their cooperation with commercial banks and generally create conditions for restoring and increasing trust between these enterprises and financial institutions.