ASPECTS REGARDING THE EVOLUTION OF THE AGRICULTURAL CREDIT IN ROMANIA

Daniela Harangus

Abstract


This research aims to identify the causes of the financing deficit in the Romanian agricultural sector. The main aspects regarding the evolution of agricultural credit are analyzed. Commercial banks are reluctant to grant credits for agriculture due to multiple factors and sectoral risks. In Romania, agricultural credits are well below the European average, if we refer to the average of the credits granted per hectare of arable land.  The paper also presents the evolution in dynamics, during the years 2017-2020, of the credits granted to the main sectors of economic activity. The share of credits granted to the agricultural sector and their evolution in dynamics are identified. Also, the presence of banks in the rural area is analyzed, respectively the financing market in the rural area, compared to the urban area.


Keywords


agricultural credit; commercial banks; financing deficit; agricultural sector; rural area

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Copyright (c) 2021 Daniela Harangus

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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
FREQUENCY: Annual
PUBLICATION LANGUAGE: English

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Banat`s University of Agricultural Sciences and Veterinary Medicine “King Michael I of Romania” from Timisoara
Faculty of Management and Rural Tourism
300645, Timisoara, Calea Aradului 119, Romania

E-mail: tabitaadamov2003 [at] yahoo.com
Phone: +40-256-277439, Fax.: +40-256-277031