Mikuliak Kateryna, Assistant of the Department of Finance, Banking and Insurance, Mykolayiv National Agrarian University, Mykolayiv, Ukraine

ORCID ID: 0000-0001-8317-0360
e-mail: mikulyak@mnau.edu.ua

Kuhlyar Anna, applicant higher education, Mykolayiv National Agrarian University, Mykolayiv, Ukraine

ORCID ID: 0000-0003-4724-3950
e-mail: kuglyar05@gmail.com

The Current State of Bank Lending in Ukraine

Abstract. Introduction. With the development of digital technologies, obtaining and issuing a loan is becoming easier and more affordable. The borrower can independently go to the website of any bank, view available credit programs, use an online calculator, fill out a questionnaire and receive money on a payment card. During crises, bank lending is an important element in stabilizing the economy. For businesses, there is an opportunity to get acquainted with various types of credit programs from different banks the Diya.business portal contains information about a specific credit program and it is possible to filter the search. A lot of attention is paid to lending to farm businesses, in particular lending to agricultural machinery, equipment, real estate, and working capital.

Purpose. Study of the current state of bank lending in Ukraine and the channels of its implementation in today’s conditions.

Results. Analyzed the current state of bank lending. It is noted that bank lending is one of the important elements of the entire economy of the state, and SMEs are an economic force that provides work for the vast majority of workers. An analysis of the impact of crisis phenomena on modern bank lending was carried out. Considered the dynamics of the volume of bank lending and the structure of loans to individuals according to their intended purpose. Noted the importance of business support, in particular, considered the types of credit programs on the Diya.Business portal. Noted the importance of lending to the agricultural sector and formed the level of profitability (unprofitability) of all activities of agricultural, forestry, and fishing enterprises.

Conclusions. Bank lending is an extremely important component of the economy and financial system. Banks provide various types of loans, from personal to commercial, and provide financial support for developing enterprises, firms, and individual clients. Modern banks offer a wide range of products and services, including innovative digital solutions that facilitate access to financial services for customers. However, with the growth of technology and the Internet, new challenges and threats are emerging, such as cybercrime and cyberattacks.

Keywords: business; bank lending; credit; crisis phenomena; agriculture.

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