THE PROBLEM OF AGRICULTURAL LOANS IN YUGOSLAVIA BETWEEN TWO WORLD WARS

Abstract

After World War II agrarian problem and the organization of agricultural credit in the newly formed Kingdom of SHS broke out in the foreground. The problem of agrarians access to credit, since before the First World War, only prolonged the creation of the new state. Instead of enlarging the capital, which was a feature of Western European countries, continued with the establishment of small banks and the process of fragmentation of capital. The resolution of the agrarian question happened with the adoption of the privileged Agrarian Bank in 1929. The establishment of a state bank, with more capital and increased grant loans approval to agrarians with a lower interest rate, began to solve a problem that has burdened the agrarians in 19 century.

Keywords

• loan sharks, agrarian credit, peasantry bond, privileged agrarian bank