정책금융 현황과 농업정책금융의 방향

Abstract

This study examines the current status of policy finance and SMEs and small business finance (SME finance) in Korea along with changes in the financial market. And we look at policy support for agriculture, which is a very important industry for us, with a focus on guarantees. The policy finance support methods in Korea have been changed. Policy finance for SMEs and small business owners continues to expand financial support due to COVID-19. Also, methods are shifting from loans and guarantees to investments. Small and Medium Venture Business Promotion Corporation, Small Enterprise Market Promotion Corporation, and Korea Venture Investment are mainly supporting such finance. The direction of agricultural policy finance can be summarized as follows. First, it is necessary to focus on the distribution channels of agricultural policy finance, which are distributed to various institutions. Second, in the private sector, many policy finances appear to be dependent on the National Agricultural Cooperative Federation and Nonghyup Bank, and it is necessary to expand to other commercial banks or Internet-only banks. Third, in order to strengthen the role of Nongshinbo, the government and the financial sector should make more contributions, and it is necessary to separate Nongshinbo from Agricultural Cooperatives to strengthen its capacity for evaluation. Fourth, it is necessary to develop new indicators and apply evaluation models as the transition from existing loans and guarantees to investments is actively taking place.