Farmers have the opportunity to obtain credit for a sowing campaign to purchase materials needed for its implementation. The agricultural company can get a loan for 6 months without paying interest. The state provides a guarantee for the lending bank - if the borrower does not pay on the loan, the state will repay for him 80% of the amount owed to the body of the loan. Thus, the state assumes the interest costs on the loan of the agricultural producer, as well as the financial risk on the loan of the agricultural producer to the bank. This will stimulate lending to agricultural producers, but not so clearly.
Banks participating in government programs finance agricultural producers through their own cash liquidity, which includes funds of individuals, legal entities and shareholders of the bank. During the war, the population withdraws its funds from current / card accounts and bank deposits, the balances on the accounts of legal entities are reduced due to the suspension / reduction of legal entities, so liquidity in banks is an important deterrent to financing the economy (business representatives).
In this case, the role of the state can again be decisive; the NBU can help banks increase cash liquidity by providing refinancing loans and so on.