SPECIFIC FEATURES AND TOOLS OF BANK PROJECT FINANCING IN RUSSIA
https://doi.org/10.21686/2413-2829-2016-5-65-72
Abstract
The article investigates project financing as a specific type of bank financing. The authors analyze distribution of global volumes of project financing by sectors of economy and in the regional view. They also show the differences between project financing and other types of bank financing and classify key mechanisms of risk management in project financing. The authors came to the conclusion that further development of project financing in Russia is hindered by factors stipulated by specific features of banking and by certain macro-economic factors. Special attention is paid to methodology of selecting investment projects for crediting in the commercial bank and their monitoring as a tool which could reduce the negative effect of credit risks.
About the Authors
Elina I. Abdyukova
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
PhD, Assistant Professor of the Department for Banking of the PRUE
36 Stremyanny Lane, Moscow, 117997, Russian Federation
Anna A. Sysoeva
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
PhD, Assistant Professor of the Department for Banking of the PRUE
36 Stremyanny Lane, Moscow, 117997, Russian Federation
References
1. Altukhova E. V., Zotov V. A., Markov M. A. Metodicheskie podkhody k upravleniyu riskom v regional'nom kommercheskom banke [Methodological Approaches to Risk Management in a Regional Commercial Bank]. Ekonomika regiona [The Region's Economy], 2016, Vol. 12, No. 1, pp. 267–282. (In Russ.).
2. Vashchekina I. V. Deyatel'nost' bankov v ramkakh natsional'nykh modeley kontseptsii sotsial'noy otvetstvennosti [The Activities of Banks in National Models of Social Responsibility Concept]. Vestnik Rossiyskogo ekonomicheskogo universiteta imeni G. V. Plekhanova [Vestnik of the Plekhanov Russian University of Economics], 2015, No. 5 (83), pp. 59–65. (In Russ.).
3. Domashchenko D. V. Komponenty finansovoy stabil'nosti bankovskoy sistemy v usloviyakh povyshennoy volatil'nosti neftyanykh tsen [The Components of the Financial Stability of the Banking System in the Conditions of High Volatility of Oil Prices]. Vestnik Rossiyskogo gosudarstvennogo torgovo-ekonomicheskogo universiteta [Vestnik of the Russian State Trade-Economic University], 2014, No. 11 (90), pp. 13–28. (In Russ.).
4. Dydykin A. Zarubezhnaya praktika organizatsii upravleniya i snizheniya bankovskikh riskov [Foreign Practice of the Organization of Management and Reduce Banking Risks]. Finansy i kredit [Finance and Credit], 2011, No. 12 (444), pp. 35–37. (In Russ.).
5. Natocheeva N. N. Kontseptual'no-metodologicheskie podkhody k bankovskomu kreditu v sovremennykh ekonomicheskikh usloviyakh [Conceptual and Methodological Approaches to the Bank Loan in the Current Economic Conditions]. Plekhanovskiy nauchnyy byulleten' [Plekhanov Research Newsletter], 2014, No. 2 (6), pp. 206–233. (In Russ.).
6. Natocheeva N. N. Kontseptual'nye problemy teorii kredita i ikh primenenie v rossiyskikh usloviyakh [Conceptual Problems of Credit Theory and Their Application in the Russian Conditions]. Vestnik Rossiyskogo gosudarstvennogo torgovo-ekonomicheskogo universiteta [Vestnik of the Russian State Trade-Economic University], 2014, No. 9 (88), pp. 5–17. (In Russ.).
7. Smulov A. M., Sysoeva A. A. Strakhovanie riskov proektnogo finansirovaniya i investitsionnogo kreditovaniya [Insurance Risks of Project Financing and Investment Lending]. Vserossiyskaya nauchno-prakticheskaya internet-konferentsiya [All-Russian Scientific and Practical Internet-Conference]. Moscow, FGBOU VPO «REU im. G. V. Plekhanova», 2013, pp. 181–188. (In Russ.).
8. Sysoeva A. A. Vozmozhnosti rossiyskogo bankovskogo sektora pri organizatsii proektnogo finansirovaniya [Opportunities in the Russian Banking Sector in the Organization of Project Financing]. Vestnik Rossiyskogo ekonomicheskogo universiteta imeni G. V. Plekhanova [Vestnik of the Plekhanov Russian University of Economics], 2015, No. 1 (79), pp. 76–81. (In Russ.).
9. Sysoeva A. A. Sovremennye problemy razvitiya innovatsiy s ispol'zovaniem bankovskogo proektnogo finansirovaniya i investitsionnogo kreditovaniya [Modern Problems of Innovation Development with the Use of Bank Project Financing and Investment Lending]. Vtoraya Mezhdunarodnaya mezhvuzovskaya konferentsiya pamyati izvestnogo uchenogo professora R. V. Korneevoy [The Second International Conference for the Memory of the Famous Scientist Professor R. V. Korneeva]. Moscow, FGBOU VPO «REU im. G. V. Plekhanova», 2013, pp. 130–136. (In Russ.).
10. Project Finance Review. Available at: http://www.pfie.com/attachments/PFIe/1Q11 ProjectFinance.pdf (accessed 26.05.2016).
11. Thomson Reuters, Project Finance Review 2004–2014. Available at: http://share.thomsonreuters.com/PR/IB/Quarter_End/1Q2014_Global_Project_Finance_Review.pdf(accessed 26.05.2016).
Review
For citations:
Abdyukova E.I., Sysoeva A.A. SPECIFIC FEATURES AND TOOLS OF BANK PROJECT FINANCING IN RUSSIA. Vestnik of the Plekhanov Russian University of Economics. 2016;(5):65-72. (In Russ.) https://doi.org/10.21686/2413-2829-2016-5-65-72
Views:
397
Email this article 