Corporate Mortgages in the Largest Russian Companies
In the last decade the country is witnessing the emergence of a relatively new institution - corporate mortgages. This article provides an overview of the practice of corporate mortgage programs in such leading Russian companies with state participation, as «Mosenergo», «Rosneft», «Gazprom», Â...
| Main Author: | |
|---|---|
| Format: | Article in Journal/Newspaper |
| Language: | unknown |
| Subjects: | |
| Online Access: | https://www.ecr-journal.ru/jour/article/viewFile/95/94 |
| Summary: | In the last decade the country is witnessing the emergence of a relatively new institution - corporate mortgages. This article provides an overview of the practice of corporate mortgage programs in such leading Russian companies with state participation, as «Mosenergo», «Rosneft», «Gazprom», «Norilsk Nickel», «Roscosmos» and «Russian Railways». Author shows the difference of corporate models. The notions of classical and modified corporate mortgage and quasi-mortgage are introduced. Low vulnerability of the new Institute in a crisis 2014-2015 is noted. |
|---|