Affordable Credit Resources to Implement Investment Projects in Industry of Russia

Raising loan finance by industrial enterprises for the development of their investment projects is an important factor for economic growth in Russia. Due to this the problem of credit resource affordability for Russian business becomes more and more topical. The article analyzes possibilities of cre...

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Main Author: V. A. Eremkin
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2020-07-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
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Online Access:https://vest.rea.ru/jour/article/view/896
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author V. A. Eremkin
author_facet V. A. Eremkin
author_sort V. A. Eremkin
collection DOAJ
description Raising loan finance by industrial enterprises for the development of their investment projects is an important factor for economic growth in Russia. Due to this the problem of credit resource affordability for Russian business becomes more and more topical. The article analyzes possibilities of credit affordability regulation for industrial enterprises by tools of monetary policy of the Central Bank of the Russian Federation. The author aims at indentifying the current problems of the credit system for industrial enterprises and finding the key lines in its improvement. Within the frames of the research the author estimates the impact of high and low interest rates on the volume of industry crediting, analyzes the structure of giving credits to non-financial organizations and studies the problem of long cash affordability for realizing investment projects in industry. The article also investigates the asset concentration in the banking sector and shows the higher role of state and the diminishing number of commercial banks and their branches. Certain important lines of development were identified, which in the future could determine the situation in industry crediting in Russia. Finding of the research can be used for devising the state strategy of developing the system of industry crediting in Russia.
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institution Kabale University
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publisher Plekhanov Russian University of Economics
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-69e190d79a954b3ca1e84562aea4744e2025-08-20T03:36:48ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512020-07-01174243510.21686/2413-2829-2020-4-24-35730Affordable Credit Resources to Implement Investment Projects in Industry of RussiaV. A. Eremkin0Plekhanov Russian University of EconomicsRaising loan finance by industrial enterprises for the development of their investment projects is an important factor for economic growth in Russia. Due to this the problem of credit resource affordability for Russian business becomes more and more topical. The article analyzes possibilities of credit affordability regulation for industrial enterprises by tools of monetary policy of the Central Bank of the Russian Federation. The author aims at indentifying the current problems of the credit system for industrial enterprises and finding the key lines in its improvement. Within the frames of the research the author estimates the impact of high and low interest rates on the volume of industry crediting, analyzes the structure of giving credits to non-financial organizations and studies the problem of long cash affordability for realizing investment projects in industry. The article also investigates the asset concentration in the banking sector and shows the higher role of state and the diminishing number of commercial banks and their branches. Certain important lines of development were identified, which in the future could determine the situation in industry crediting in Russia. Finding of the research can be used for devising the state strategy of developing the system of industry crediting in Russia.https://vest.rea.ru/jour/article/view/896key rateinterest ratecreditindustrylong cashbanksinvestment
spellingShingle V. A. Eremkin
Affordable Credit Resources to Implement Investment Projects in Industry of Russia
Вестник Российского экономического университета имени Г. В. Плеханова
key rate
interest rate
credit
industry
long cash
banks
investment
title Affordable Credit Resources to Implement Investment Projects in Industry of Russia
title_full Affordable Credit Resources to Implement Investment Projects in Industry of Russia
title_fullStr Affordable Credit Resources to Implement Investment Projects in Industry of Russia
title_full_unstemmed Affordable Credit Resources to Implement Investment Projects in Industry of Russia
title_short Affordable Credit Resources to Implement Investment Projects in Industry of Russia
title_sort affordable credit resources to implement investment projects in industry of russia
topic key rate
interest rate
credit
industry
long cash
banks
investment
url https://vest.rea.ru/jour/article/view/896
work_keys_str_mv AT vaeremkin affordablecreditresourcestoimplementinvestmentprojectsinindustryofrussia