TITOVA EKATERINA VLADIMIROVNA

The article offers an overview of the main stages in the evolution and growth of the Russian lending market. The importance of this research is supported by the fact that the lending market is now playing a critical role in driving the economic growth of the state. The article addresses the impact that different kinds of bank loans in the Russian Federation (commercial, consumer, and mortgage loans) have on the economy.The author considers the theoretical aspects of the «credit» and «lending» concepts and highlights the main forms of lending. The paper identifies the motives for the development of these concepts.The author examined the steps taken in establishing and growing the credit market in the history of Russia. Characteristics of each stage of formation and development of the Russian lending market are considered. The key historical events forming the fundamental basis for developing this market are highlighted. The author pays particular attention to the analysis of the current stage of formation and development of the Russian lending market. Environmental factors that have increased the amount of financial risks and dangers have adversely affected the activities of commercial banks in Russia. This research takes a closer lookat patterns in the growth of Russia’s credit sector and the potential hazards that come with the unstable global environment. The research suggests possible solutions for improving the Russian lending market.

The article presents the results of analyzing the characteristics of the basic mechanisms and principles of lending in Russian commercial banks. The study highlights the fact that understanding the practical principles and mechanisms of lending can allow us to identify activities aimed at ensuring the effective operation of credit institutions in loan financing. The paper considers the basic principles of lending in commercial banks of the Russian Federation. The author analyzes the role of each principle in ensuring the effectiveness of banking organizations in terms of lending to the population and businesses. The article considers the main mechanisms of organizing the lending process in Russian commercial banks. The amount of interest on loans depends on many factors. However, the main indicator is the level of the discount refinancing rate set by the Bank of Russia. Therefore, the country’s commercial banks refer to these indicators to set their interest rates for lending. The lower the loan interest rate, the more financially stable the monetary market conditions. If there are negative trends or lending risks, the level of interest rate increases while respecting the principal payment. Compliance with the principles and mechanisms of lending provides financial stability for commercial banks in the monetary and credit market.