농업금융기관의 여신관행 개선방안

Improvement of Lending Practices in Agricultural Cooperatives

Since the financial crisis in 1997, agricultural cooperatives, along with domestic financial institutions, are having tried to improve their lending practices, which is crucial for them to survive. In this paper lending practices of foreign banks in Korea were compared with those of agricultural cooperatives and benchmarked. Consumer oriented marketing, lending based on credit analysis and credit ratings, clear accountability in the lending process, and implementation of loan review were found to be very important for each agricultural cooperatives and NACF. For the improvement of infrastructure for effective credit analysis; organizational restructurng and human resources support were recommended.