Kolomasova R.A.National Research Ogarev Mordovia State University (MRSU), Saransk, Republic of Mordovia, Russian Federation firstname.lastname@example.org ORCID id: not available
Bazarnova E.S.National Research Ogarev Mordovia State University (MRSU), Saransk, Republic of Mordovia, Russian Federation email@example.com ORCID id: not available
Subject The article discusses economic relationships that originate as part of bank lending to AIC. Objectives The study focuses on lending to AIC and outlines recommendations to improve the mechanism. Methods Research is based on general methods, such as statistical and comparative analyses, classification, problem analysis, ranking, systems approach. Results As the analysis reveals, the agricultural sector extremely needs financial resources. We described key issues of lending to AIC and determined whether bank loans should be made affordable. If stimulated, investment lending to agricultural entities will positively influence the development of the industry and improve the existing economic situation for rural people. Conclusions and Relevance Considering sanctions imposed on Russia, investment lending to AIC will totally unleash the potential of the agricultural sector. This will not only accelerate the import substitution initiative, but also contribute to higher exports of some products.
Keywords: commercial bank, bank lending, AIC, lending mechanism, agricultural producer
Chizhikova T.A. [Lending as a driver of AIC stability]. Ekonomika, sotsiologiya i pravo = Economics. Sociology. Law, 2016, no. 4-2, pp. 41–42. (In Russ.)
Semenova N.N. Razvitie sistemy finansovogo obespecheniya prodovol'stvennoi bezopasnosti: monografiya [Developing the mechanism for food security financing: a monograph]. Saransk, Mordovskii universitet Publ., 2012, 96 p.
Kurbanova O.E. [International practices of lending to agricultural businesses and prospects of their application in Russia]. Vestnik Saratovskogo gosudarstvennogo sotsial'no-ekonomicheskogo universiteta = Vestnik of Saratov State Socio-Economic University, 2018, no. 5, pp. 151–153. URL: Link (In Russ.)
Podsoshkin P.G., Sokolova I.A., Shadrin V.K. [Preferential lending of small businesses in agrarian and industrial complex]. Sotsial'no-ekonomicheskii i gumanitarnyi zhurnal Krasnoyarskogo GAU = Socio-Economic and Humanitarian Journal of Krasgau, 2018, no. 2, pp. 26–39. URL: Link (In Russ.)
Pochechueva M.A., Savel'eva A.A., Cherkashnev R.Yu. [Innovative forms of lending to subjects of the agricultural sector of the economy]. Byulleten' nauki i praktiki, 2018, vol. 4, no. 11, pp. 295–300. (In Russ.) URL: Link
Minaev V.N. [Overview of the main approaches to State support of the agricultural sector abroad]. Biznes. Obrazovanie. Pravo = Business. Education. Law, 2016, no. 2, pp. 291–296. (In Russ.)
Gorelkina M.V. [Lending to agricultural producers as part of the State program for agricultural development]. Sovremennye tendentsii razvitiya nauki i tekhnologii = Modern Trends in the Development of Science and Technology, 2016, no. 10–11, pp. 12–16. (In Russ.)
Davydenko I.G., Misirov D.N. [Institutional aspects of the financial and lending mechanism in AIC under sanctions]. Ekonomika ustoichivogo razvitiya = Economics of Sustainable Development, 2018, no. 4, pp. 142–146. (In Russ.)
Evdokimova V.E., Shishkina D.A. [Current problems of bank lending to agricultural sector]. Vestnik Saratovskogo gosudarstvennogo sotsial'no-ekonomicheskogo universiteta = Vestnik of Saratov State Socio-Economic University, 2018, no. 3, pp. 116–120. URL: Link (In Russ.)
Semenova N.N. Byudzhetnaya podderzhka sel'skogo khozyaistva: voprosy teorii praktiki: monografiya [Budgetary support to agriculture: Issues of theory and practice: a monograph]. Saransk, Mordovskii universitet Publ., 2010, 96 p.