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Bank Factoring: Russian and International Practice

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Listed:
  • Galina Alekseevna Bunich
  • Elina Ildarovna Abdyukova
  • Anna Aleksandrovna Sysoeva
  • Vladimir Sergeevich Akopov

Abstract

new stage of developing the Russian real sector of economy focused on innovation development and import substitution is associated with a severe shortage of financial resources. The financial crisis, sanctions of the EU countries and the USA stipulated the need to form internal financial resources and innovational financial instruments. One of the promising mechanisms to provide the expanded reproduction is factoring. The article considers peculiarities of factoring transactions made by Russian and foreign banks. The factoring in PJSC JSCB Metallinvestbank was researched. Recommendations on improving the factoring efficiency were formed.

Suggested Citation

  • Galina Alekseevna Bunich & Elina Ildarovna Abdyukova & Anna Aleksandrovna Sysoeva & Vladimir Sergeevich Akopov, 2017. "Bank Factoring: Russian and International Practice," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 334-349.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:3b:p:334-349
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    References listed on IDEAS

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