Development of the consumer lending market under martial law

Кужелєв, М.О. and Нечипоренко, Аліна Володимирівна (2024) Development of the consumer lending market under martial law Європейський науковий журнал Економічних та Фінансових інновацій (2(14)). pp. 156-165. ISSN 2617-8648

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Abstract

The article reveals the main reasons for the development of the consumer lending market under the conditions of martial law in Ukraine. Different approaches to defining the category "consumer credit" are considered and the author's interpretation is provided. The influence of consumer lending on the national economic system is studied. It was determined that in war conditions, not only stable economic relations in the sphere of production and trade are destroyed, but also significant imbalances are created in the consumer lending market. In turn, imbalances produce risks for key market subjects - creditors and borrowers. The volumes of loans granted to households for 2018-2023 were analyzed. It was determined that the largest share in the structure of loans is occupied by consumer loans. The dynamics of consumer lending in terms of lending terms were considered, where it was noted that loans with a term of up to 1 year tend to grow. It is noted that the modern practice of lending in Ukraine shows that consumer loans are popular among the population. The main factors inhibiting the development of the consumer lending market in Ukraine are identified and proposals for its further development are presented. It was concluded that the consumer lending market has a significant impact on the development of the system of economic relations in the country. It is activity on this market that can be considered an indicator of the state of the economic system and a factor in the systemic development of expanded production.

Item Type: Article
Uncontrolled Keywords: consumer lending; credit; bank lending; households; credit market; martial law
Subjects: Статті у базах даних > Index Copernicus
Статті у періодичних виданнях > Фахові (входять до переліку фахових, затверджений МОН)
Divisions: Факультет економіки та управління > Кафедра фінансів
Depositing User: Аліна Володимирівна Нечипоренко
Date Deposited: 18 Nov 2024 12:57
Last Modified: 18 Nov 2024 12:57
URI: https://elibrary.kubg.edu.ua/id/eprint/50246

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