THE IMPORTANCE OF LAND BANK FOR AGRICULTURAL DEVELOPMENT AND THE TECHNIQUE OF GRANTING RURAL LAND LOAN

Lucian-Ion Medar and Irina-Elena Chirtoc
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Lucian-Ion Medar: Constantin Brancusi University of Targu Jiu, Romania
Irina-Elena Chirtoc: Constantin Brancusi University of Targu Jiu, Romania

Annals - Economy Series, 2013, vol. 4, 63-67

Abstract: In Romania, with the liberalization of the land market, appears the prospect of functioning of a specialized agricultural bank which might be named ,,land bank’’. In principle, this institution can buy and sell agricultural land and to provide priority "rural land loan" for farm development. Mainly, it may incorporate an advantageous loan system created for those who want to buy land for agriculture use, once of the liberalization of land market since 2014. In this article we present some details about importance of this credit institution and grant technique of rural land loan . Currently, the number of Romanian farmers grouped in associations is very small compared to the millions agricultural holdings. Young farm development can be possible only by appealing to an "engine" type "rural land loans" and which may more quickly solve their financial problems.

Keywords: land bank; land rural loan; land banking; land holdings; young enterprisers; land fund. (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2013:v:4:p:63-67

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