A Model of Financial Intermediaries in Agriculture

DIMITRE NIKOLOV

Institute for Agricultural Economy, BG-1616 Sofia, Bulgaria

Abstract

NIKOLOV, D., 1999. A model of financial intermediaries in agriculture. Bulg. J. Agric. Sci., 5:383-389

Most countries have several types of finical intermediaries that provide loans and other financial services to agriculture. We offer a principal model for financial intermediaries in agriculture which is based on experiences in the USA in this area.
Agriculture credit system includes Agricultural Credit Leasing Services, the Agricultural Credit Council and the Agricultural Mortage Corporation. System institutions are regulared by the Agricultural Credit Administration and their liabilities are insured by the Agricultural Credit System Insurance Corporation. The lending institutions consist of Agricultural Credit Banks, Cooperative Banks and Credit Associations.

Key words: agricultural credit system, agricultural credit banks, financial intermediaries