The economy of modern Russia more acutely raises the question of the need for active participation of credit institutions in meeting investment demand through the implementation of investment bank loans and project finance.The presence of high-level risks that commonly accompany investment projects in Russia, is one of the major constraints of participation of credit institutions in investing activities, and also requires the development of methods for their control.
Project financing and implementation of investment projects for the modernization of the domestic economic base of production, was visibly manifest as a resource to overcome the crisis, the second half of 2008.Through analysis of the investment in R F, its banking sector, as well as bank financing of investment projects of 2007-2011, one can say that loans to domestic banks are not well developed.
In the overall structure of investment bank loans account for 10.4%.For example, bank financing on funds received from the state budget, but also, and on the resources of the parent organizations, listed in the table as the rest, but, despite this, the bank loans are is the leading source of economic growth.In assessing the positive qualities of lending should be noted carefully targeted use of funds allocated for project financing.
When considering the data submitted by banks on the volume of the Russian Federation long-term loans to enterprises and organizations, we can say that in the banking system there is a lack of long-term resources for investment lending, as part of the loans granted for more than 3 years, just 33.0%.
At the end of 2008, through the support of the state, were given significant amounts of financial resources on a long-term basis to leading banks of the Russian Federation (Bank VTB, Sberbank, Gazprombank, VEB), and they have become major problems in dealing with the economic recovery.It is these lenders give about half of all investment loans to enterprises in industry and agriculture.In connection with the provision of free education means observed long-term resources in the banking sector, but only in state-owned banks, other credit organizations continued to experience difficulties of current liquidity, as well as to suffer from shortage of long-term liabilities.
World crisis has revealed a set of problems of the modern banking system and as one of them economists call the weak risk management systems.Since 2008, project financing in Russia decreased because several times, and increased risks of participation of credit institutions in the investment projects.Adverse events led to the growth of overdue debts on loans.Commercial banks in the current economic conditions have started to change their lending policies, tightening requirements for borrowers to improve the quality of their portfolios.At the same time for the banks it was a priority risk management is being financed, and in the implementation of investment projects, which is developing a program of anti-crisis measures.
experience of credit organizations in the field of crisis management should contribute to the development of new methods to reduce the risks in the implementation of investment projects, in general, significantly promoting the improvement of project financing.
project financing, as well as a study of banking risks and management problems associated with it, is always relevant, due to the constant increase in physical size and structure of risks that are generated during the operation of the credit institution, and the increasing complexity of products and services.
