Measures to Counteract Economic Sanctions that Affect the Market of Lending to Business Entities: Financial and Legal Analysis

Due to economic sanctions imposed by unfriendly states, which seriously affect the financial market as a whole, the lending sector has been under a particular «strike». The purpose of this paper is to analyse the results of the impact of the economic sanctions imposed by unfriendly states that have a significant impact on this segment of the domestic financial market; study stabilisation measures and growth opportunities for this sector of lending in modern conditions; systematise the scientific views of scientists on the subject of improving the mechanism of interaction between the state, banks and other subjects of the financial market in difficult economic conditions; formulate proposals aimed at improving the effectiveness of rights. Conclusions. As a result of the scientific and applied research, the proposals aimed at reducing budget expenditures aimed at supporting preferential lending to business through a clear classification and regulation of the legal status of persons providing support in the development and implementation of business projects, establishment of the legal regime of their activities, development of a partnership financing institute were formulated. In the event of an increase in the number of entities involved in the financial support of business projects, the role of the state, in the end, should be reduced to informing, advising, creating favourable conditions for the establishment and development of the most important types of entrepreneurial activity for society, and state financial control.