BANK LOANS FOR AGRICULTURAL PRODUCERS

Ognyana Stoichkova, Virginiya Zhelyazkova, Yakim Kitanov

Abstract


Providing financial resources through lending by commercial banks is one of the main sources of funding for farmers and agriculture in Bulgaria. Practice shows, that loans for working capital mainly derive from the seasonal and campaigning nature of agricultural production. Turnover credits are mainly aimed at carrying out the current agricultural activity of the farmer. The granted investment credits have a longer term and are mainly related to the implementation of the investment projects from the RDP measures, for the most part they are aimed at the implementation of European funding. Banks seek to gain the trust of farmers and become their partners not only through the allocation of financial resources but also through assistance and counseling in the preparation of their project proposals.


Keywords


bank credit, turnover credits, invest credits, leasing of agricultural machinery, gratis period, credit lines

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References


Godishen doklad za sastoyanieto i razvitieto na zemedelieto na MZH 2016 g. (Agraren doklad 2016)

https://www.unicreditbulbank.bg

https://www.fibank.bg/

https://www.postbank.bg/

https://www.ubb.bg/

https://www.sgeb.bg/

https://www.rbb.bg/

https://www.ccbank.bg/

https://www.procreditbank.bg/

https://www.dbank.bg

https://www.bbr.bg/


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New knowledge Journal of science Jubilee edition is financed by the National Science Fund of the Republic of Bulgaria – contract № ДНП 05/52 от 22.12.2016 in the competition of Bulgarian scientific periodicals – 2016

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