Authors: M.E. Konovalova, O.Yu. Kuzmina

Title of the article: The current state of the securitization market of the russian banking assets

Year: 2020, Issue: 2, Pages: 61-71

Branch of knowledge: 08.00.05 Economics and Management of National Economy

Index UDK: 339.763

DOI: 10.26730/2587-5574-2020-2-61-71

Abstract: Securitization of Bank assets emerged from the General trend of increasing the role of the securities market as a source of funds. Currently, the securitization of assets is one of the most promising and actively developing mechanisms of the financial market, which has a significant impact on the world capital markets. Due to securitization, new classes of debt instruments appeared, the inflow of new participants was ensured, which contributed to the expansion and deepening of the capital market. The emergence of this mechanism in the 70's. last century in the United States, allowed banks to reach a new level of financing their activities and risk management. Transactions securitization allows banks-originators to achieve the realization of the assets, to improve its financial performance and to obtain financing on more favorable terms in comparison with traditional ways of financing. Do not forget that secured securities issued in the process of securitization are another reliable tool for investors, as they often have a high rating and adequate yield. Thus, securitization of assets is a highly effective tool for diversification of financing and risks for both investors and originators. The article analyzes the transactions of securitization of Bank assets in Russia, assesses the degree of influence of securitization on the financial performance of banks, as well as the factors constraining the development of the market of securitization of Russian Bank assets.

Key words: Securitization commercial banks Bank assets liquidity

Receiving date: 10.06.2020

Publication date: 30.09.2020

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