PREFERENTIAL LENDING TO AGRICULTURAL PRODUCERS IN THE CONTEXT OF RISING KEY RATES

DOI 10.32651/255-30

Issue № 5, 2025, article № 4, pages 30-40

Section: Problems of efficient management

Language: Russian

Original language title: ЛЬГОТНОЕ КРЕДИТОВАНИЕ СЕЛЬСКОХОЗЯЙСТВЕННЫХ ПРОИЗВОДИТЕЛЕЙ В УСЛОВИЯХ РОСТА КЛЮЧЕВОЙ СТАВКИ

Keywords: GOVERNMENT SUPPORT, PREFERENTIAL LENDING, BANKS, KEY RATE, FINANCIAL MARKET INSTRUMENTS, INVESTMENT FUND

Abstract: Preferential lending to agricultural producers is one of the significant forms of state support. However, recently, due to the growth of the key rate, interest rates for farmers have increased, and the state has switched to a floating interest rate system. Interest rates on loans already taken out for the period from 2017 to 2022 have also been revised upwards. At the same time, the efficiency of investments in financial market instruments increases. In these conditions, activities within the framework of agriculture become unprofitable, and the system of support for preferential lending is not so effective. The work analyzes the activities of banks on preferential lending to agricultural producers, revealing a decrease in the volume of loans issued. The author's approach to increasing the efficiency of the mechanism of support for agricultural organizations within the framework of preferential lending is proposed. To solve the problem, it is proposed to create investment funds that will accumulate state support funds and increase them in the context of increasing profitability of financial instruments.

Authors: Sochneva Elena Nikolaevna, Pyzhikova Natalia Ivanovna