Izvestiya of Saratov University.
ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)


project company

Effective Project Finance System: Principles and Practices

Introduction. Russian economic acceleration, innovative and digital economy establishment and development requires an increase in investment challenged to high technology sectors. Successful achievement of this objective defines finding the investments attraction mechanism. One of them is the project finance, which is a modern investment instrument in high-risk environments. Increasing importance of project finance implies a more detailed exploration of its mechanism, application characters in current Russian conditions. Theoretical analysis.

Problems of Banks Participation in Project Lending of Innovation

The article highlights the project credits innovations as consequences or during recent financial crisis of innovative projects financing in Russia. At the same time this study presents the factors that impact on the project crediting. The author defines the reasons of underdevelopment innovation project credits by Russian banks. He highlights some important elements of the project credits in the Russian banks practice.