1AGRICULTURE’S LENDING POSSIBILTIES AFTER THE EU ACCESSION

The banking sector manifests abstentions in what concerns the granting of loans to economical agents in agriculture, and it doesn’t seem to be any competition between banks concerning the offer of this banking product. The commercial banks use their own funds for agriculture’s lending in a small measure and in the conditions in which the respective loans are guaranteed by different funds or agencies. Beginning with 2003 there have been conditions that agriculture’s lending market to be labeled with an expansion process in Romania, as a consequence of the start off of the rural financing project clinched between Romania and The International Bank for Reconstruction and Development in 2001. Another important factor is constituted by the improvement of the legal framework concerning the agricultural insurances. Key words: Agricultural credit, banking system, guarantees, rural development. The lack of suitable warranties, the decreased profitability registered in the agricultural sector, the economic instability, as well as other specific factors for a transitioning economy have had a negative impact on agriculture’s sector evolution, it being perceived as a high-risk sector. Moreover, it was of no interest to any investment in other countries also from center and middle Europe, that were in a market transition process, a