Application of Securitization of Leasing Assets

Securitization of leasing assets was widely adopted abroad within the last decades. Securitization of leasing assets usually is meant as process of formation of a portfolio based on future leasing payments of one and (or) more leasing company and sale of securities to investors for the subsequent re...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autor principal: I. V. Linev
Formato: article
Lenguaje:EN
RU
Publicado: MGIMO University Press 2014
Materias:
Acceso en línea:https://doaj.org/article/2f7abf1771b84e388c5a4da5b8ff4f6f
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
id oai:doaj.org-article:2f7abf1771b84e388c5a4da5b8ff4f6f
record_format dspace
spelling oai:doaj.org-article:2f7abf1771b84e388c5a4da5b8ff4f6f2021-11-23T14:50:56ZApplication of Securitization of Leasing Assets2071-81602541-909910.24833/2071-8160-2014-2-35-123-129https://doaj.org/article/2f7abf1771b84e388c5a4da5b8ff4f6f2014-04-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/70https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099Securitization of leasing assets was widely adopted abroad within the last decades. Securitization of leasing assets usually is meant as process of formation of a portfolio based on future leasing payments of one and (or) more leasing company and sale of securities to investors for the subsequent refinancing of leasing operations. These securities can be bonds, actions or bills. Thus the asset leased, acts as providing these papers. Nomenclature of property includes office, medical (first of all, stomatology), training, video the equipment, and also a car, motor-equipment, towers of cellular communication production of heavy mechanical engineering and computers. The essence of securitization of leasing assets consists in isolation of streams of leasing payments from risk of bankruptcy of the leasing company. As the considered mechanism has the greatest development in the USA, so far as consideration of experience of its application in this country is represented especially actual. The special attention is deserved by a question of decrease in credit risk of the investor. External and internal providing is applied to its decision in different types. Interest of participants in securitization of leasing assets consists in distribution of risks between them, emergence of a new source of financing, depreciation of attracted resources, increase of liquidity of a leasing portfolio and optimization by management by balance of the enterprise. Appeal of this tool to the leasing company in a case when it has no available own funds for business development, represents separate interest. Securitization allows the leasing company to expand sources of attraction of the capital and to receive a reserve for the future, and also to broaden the sphere of options of activity and to give it new opportunities for financing of projects. Widespread introduction of schemes of securitization in practice of the Russian leasing business, requires development, and on some aspects -creation of the corresponding legislative base. In the conditions of a tendency observed around the world to broad use of this tool, which gives a powerful impulse to development both bank, and real to sectors, Russia cannot stand aside from this process.I. V. LinevMGIMO University Pressarticlesecuritization of leasing assetscredit risk of the investordistribution of risksalgorithm of securitizationsecuritization schemeinterests of the partiesinterest of the leasing companyInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 2(35), Pp 123-129 (2014)
institution DOAJ
collection DOAJ
language EN
RU
topic securitization of leasing assets
credit risk of the investor
distribution of risks
algorithm of securitization
securitization scheme
interests of the parties
interest of the leasing company
International relations
JZ2-6530
spellingShingle securitization of leasing assets
credit risk of the investor
distribution of risks
algorithm of securitization
securitization scheme
interests of the parties
interest of the leasing company
International relations
JZ2-6530
I. V. Linev
Application of Securitization of Leasing Assets
description Securitization of leasing assets was widely adopted abroad within the last decades. Securitization of leasing assets usually is meant as process of formation of a portfolio based on future leasing payments of one and (or) more leasing company and sale of securities to investors for the subsequent refinancing of leasing operations. These securities can be bonds, actions or bills. Thus the asset leased, acts as providing these papers. Nomenclature of property includes office, medical (first of all, stomatology), training, video the equipment, and also a car, motor-equipment, towers of cellular communication production of heavy mechanical engineering and computers. The essence of securitization of leasing assets consists in isolation of streams of leasing payments from risk of bankruptcy of the leasing company. As the considered mechanism has the greatest development in the USA, so far as consideration of experience of its application in this country is represented especially actual. The special attention is deserved by a question of decrease in credit risk of the investor. External and internal providing is applied to its decision in different types. Interest of participants in securitization of leasing assets consists in distribution of risks between them, emergence of a new source of financing, depreciation of attracted resources, increase of liquidity of a leasing portfolio and optimization by management by balance of the enterprise. Appeal of this tool to the leasing company in a case when it has no available own funds for business development, represents separate interest. Securitization allows the leasing company to expand sources of attraction of the capital and to receive a reserve for the future, and also to broaden the sphere of options of activity and to give it new opportunities for financing of projects. Widespread introduction of schemes of securitization in practice of the Russian leasing business, requires development, and on some aspects -creation of the corresponding legislative base. In the conditions of a tendency observed around the world to broad use of this tool, which gives a powerful impulse to development both bank, and real to sectors, Russia cannot stand aside from this process.
format article
author I. V. Linev
author_facet I. V. Linev
author_sort I. V. Linev
title Application of Securitization of Leasing Assets
title_short Application of Securitization of Leasing Assets
title_full Application of Securitization of Leasing Assets
title_fullStr Application of Securitization of Leasing Assets
title_full_unstemmed Application of Securitization of Leasing Assets
title_sort application of securitization of leasing assets
publisher MGIMO University Press
publishDate 2014
url https://doaj.org/article/2f7abf1771b84e388c5a4da5b8ff4f6f
work_keys_str_mv AT ivlinev applicationofsecuritizationofleasingassets
_version_ 1718416324318724096