수산금융법제의 개선방안에 관한 연구

Abstract

Fishery finance can be generally defined as the financial phenomena associated with fishery industry. In the fishery financial market, the Fishery Cooperative Union bank including commercial banks plays a role of supplier of fishery funds while fisherman and fishery firms do a role of demander. However, the size of this market is considerably small and the market does not work well. There are quite a few problems which have discouraged fishery finance unlike commercial finance. First, fishery industry is not such a lucrative one just like the primary industry including forestry, ago-stockbreeding industry and mining industry. Second, the marine products are produced under uncertain and unstable circumstance because they are subject to the natural condition, which leads to high risk industry. Third, the highly risky peculiarity of fishery industry lets financial organization provokes demanding high interest for loan fund, which contributes to unstable management of fishery firms Fourth, because the commodity associated with fishery industry is uncertain in production and hard to be standardized due to the difficulty in maintaining freshness, it is relatively less useful as collateral for loan. With these reasons, the banks are reluctant to loan and the market cannot be expanded. In order to overcome this hardship and revitalize the fishery market, three ways must basically at least be attempted and promoted. First, credit guarantee system should be established for fisherman and fishery industry. Second, the insurance system of fishery industry should be improved. Third, the adequate collateral evaluation system for aquacultural products should be properly designed, so that the bank may appreciate them as collateral. Banks have already appreciate frozen marine products as collateral. Fourth, security system for fishery ship should be improved.