Keyword: «financial resources»

The paper deals with the role of financial management in enhancing an enterprises competitiveness. The functions and financial management types for ensuring competitive advantages are considered.

The article discusses the regulation of credit relations by the government, changes in the discount rate of the Central Bank, as well as the level of operations in the open market and the variation in the norms of mandatory reserves for commercial banks in the country. Open market operations include the purchase and sale of certain types of securities by the Central Bank. There is a formation of a market interest rate on borrowed funds in the credit market. The decisions of creditors are directly proportional to the change in interest rates in the credit market. The very demand for a credit is already in inverse proportion to interest rates. Banks and the government can carry out regulation of interest rates. Financial institutions face various types of banking risks in their operations, which differ by various factors. Thus, the effectiveness of risk management is largely dependent on their classification. Risks in banking may lead to a loss of liquidity and lower profits, and therefore banks tend to anticipate risks and try to reduce them.

The article deals with some aspects of the functioning and development of banking in the transition to the digital economy.

Successful work of a modern organization is impossible without a well-imposed management system, the main criterion of productivity of which is the effective use of financial resources. This article discusses the features of the management of funding sources of LLC "ALF Market" and the development of recommendations for their optimization.

Based on the analysis of statistical indicators of agricultural production in Belarus, the Non-Black Earth Zone of Russia and Poland, the article indicates the reasons for the differences in its economic efficiency in these regions. The necessity of improving financial incentives, combined with more effective measures to ensure the development of the agricultural sector is substantiated.