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Corporate Mortgages in the Largest Russian Companies

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  • Ye. V. Balatsky

Abstract

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.

Suggested Citation

  • Ye. V. Balatsky, 0. "Corporate Mortgages in the Largest Russian Companies," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 4.
  • Handle: RePEc:ack:journl:y::id:95
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    File URL: https://www.ecr-journal.ru/jour/article/viewFile/95/94
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