Foreign Experience in Using Cooperative Banks for Ukraine
Journal Title: Бізнес Інформ - Year 2015, Vol 3, Issue 0
Abstract
The article is aimed at the actual topic of researching the main trends in the development of cooperative banks in the agrarian sector of Ukrainian economy. Problems of the agricultural sector, as one of the most risky industries, which requires permanent financing by the State, have been considered. As the main sources of financing the enterprises have been considered the non-traditional banking operations and services. The article examines the specifics of the agricultural cooperative system, related to the agrarian sector in the foreign countries, whereby their basic common features are disclosed. Role of the specialized cooperative financial institutions, particularly the cooperative banks, has been characterized. Considering the practice of Germany, France and Poland, the outstanding role of cooperative banks for development of the agrarian sector of economy in these countries has been emphasized. On the basis of studying the international experience of countries with different levels of economic development, conditions of formation and activities of cooperative bank institutions in the domestic practice have been determined.
Authors and Affiliations
Alla Gula
Keywords
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