LENDING ACTIVITY DEVELOPMENT OF FINANCIAL COMPANIES IN THE SERVICE SECTOR OF INDIVIDUAL AND LEGAL ENTITIES

Анотація

The article considers the credit activity of Raiffeisen Bank JSC and Privatbank JSC CB for 5 years. In general, lending to both individuals and legal entities decreased during the study period It is established that the composition and structure of credits issued by Raiffeisen Bank JSC is dominated by credits issued to legal entities (micro, small and large enterprises). Volumes of lending to microenterprises in 2020 decreased by 459,2 million UAH compared to 2019, small enterprises in 2020 by – 135,9 million UAH, and large enterprises by – 1902,1 million UAH. Comparing the volume of lending to legal entities with the base 2016, in general it is worth noting the increase in this indicator. In terms of lending, large enterprises account for the largest share among legal entities It is highlighted that the share of credits to small and large enterprises tended to increase during the analyzed period. This is due to the availability of assets in such entities and the possibility of providing them as collateral to obtain the necessary credit funds in comparison with individuals or micro-enterprises. The composition and structure of credits to individuals and legal entities of JSC CB "Privatbank" is represented by a wide range of services. Regarding credits to individuals (consumer credits, use of credit cards, mortgages, car credits and other credits), there is a tendency to reduce the analyzed indicators for the corresponding period except for consumer credits, which, on the contrary, tended to increase due to their availability, but a fairly high interest rate for the use of such funds. The analysis of the dynamics of indicators revealed a significant reduction in the provision of credit services for car purchase and other credits. With regard to mortgage, consumer and card servicing loans, the percentage decrease ranged from 15-21%. It was found that there was a slight increase in the share of credits to small and medium-sized businesses and legal entities. The decrease in lending to legal entities during the analyzed period was slightly lower than the decrease in lending to individuals. It is noted that the СOVID-19 pandemic has made adjustments to the activities of financial companies and business conditions of business entities and individuals, which leads to the formation and development of new methods of work and cooperation.

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