Securitization of Bank Assets as a Source of Financing the Innovation Activity

Year 2016, Volume: 6 Issue: 2, 246 - 252, 01.04.2016

Liudmila Vasilevna Nikolova Dmitriy Grigorievich Rodionov Angela Bahauovna Mottaeva

Abstract

The paper justifies the features of securitization of bank assets (SBA) as a process and as a source of financing of innovation activity. The place
of securitization among financial innovation instruments is defined for this purpose, the basic distinctive features of the securitization model from
other financing models are set out, peculiarities of application of three models of securitization (classical, synthetic, corporate) in solving problems
of optimization of bank assets and reduction in the risks of banks and in financing of innovation are established. The efficiency of using the model
of SBA is defined. It is justified that not only the bank that manages credit risk receives the new possibilities in securitization operations, but also so
does the client who is interested in reducing the cost of the loan funds used, as well as the investor who receives a highly profitable and at the same
time low-risk financial instrument in the implementation of innovative projects at their disposal.

Keywords

Securitization Models, Bank Assets, Bank Risks, Innovation Activity, Innovative Project