PROBLEM OF BANK CREDIT USE IN FINANCING AGRICULTURE IN POLAND AND OTHER STATES OF THE EUROPEAN UNION

Abstract

The aim of the study is to determine significance of a bank credit in financing farms and to analyze reasons of farmers absence in the credit market. It was found that the use of this form of financing agriculture in Poland compared to other European Union countries is relatively small. This situation is a result of credit constraints of agricultural farms. Moreover, the situation is also an effect of financial market failures, bank offers and activity as well as macroeconomic factors.