new stage of developing the Russian real sector of economy focused on innovation development and import substitution is associated with a severe shortage of financial resources.The financial crisis, sanctions of the EU countries and the USA stipulated the need to form internal financial resources and innovational financial instruments. One of the promising mechanisms to provide the expanded reproduction is factoring.The article considers peculiarities of factoring transactions made by Russian and foreign banks. The factoring in PJSC JSCB Metallinvestbank was researched. Recommendations on improving the factoring efficiency were formed.

Galina Alekseevna Bunich Et Al (2017). Bank Factoring: Russian and International Practice, European Research Studies Journal Volume XX Issue 4B, 334-349